ACC 206 ACC206 Week 2 Power Point Quiz Chapter 3 Answers

ACC 206 ACC206 Week 2 Power Point Quiz Chapter 3 Answers

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ACC 206 Principles of Accounting II Week 2 Power Point Quiz Chapter 3 Answers

Managerial Accounting focuses on external financial reporting for investors, lenders, and other interested parties. (Points : 1)

Question 2. 2. Managerial Accounting roles include planning, directing, and controlling duties. (Points : 1)

Question 3. 3. Cost components would not include direct materials or direct labor since they are not part of operating overhead. (Points : 1)

Question 4. 4. Variable costs are costs that change in an unpredictable manner. (Points : 1)

Question 5. 5. Period costs generally relate to selling, general and administrative activities. (Points : 1)


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