management accountant

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter1: Accounting As A Tool For Managers
Section: Chapter Questions
Problem 1EA: Indicate whether each statement describes financial accounting or managerial accounting. The...
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11. The ethical standards established for management accountant are in the areas of
a. Competence, licensing, reporting, and education.
b. Budgeting, cost allocation, product costing, and insider trading.
c. Competence, confidentiality, integrity, and objectivity.
d. Disclosure, communication, decision making, and planning.


12. Management accounting
a. Must follow generally accepted principles.
b. Information should be developed within the same general accounting system as
financial accounting.
c. Deals primarily with the needs of parties external to the firm such as investors and creditors.
d. Is just another financial term.

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