2- TRUE or FALSE In a large corporation you would typically see a Managerial Accounting Department along with Financial and Tax accounting departments.
3- Which of the following would probably be a fixed cost in a fast-food restaurant?
French Fry cost
Utility Cost
Cost of the hamburger
Shift Managers Salary
4-A budget that rolls forward a period (Month, Quarter, Year) as each period finishes would be known as a ?
Continuous budget
Rolling budget
Operating budget
Participation budget
Answer & Explanation
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