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SECTION A (Choose one answer) 1. Wh at type of accounting system is part of an organisation's management in system for internal use only? A. Financial accounting anagement accounting C. Governmental accounting D. All of the given answers 2. Which of the following is not an objective of management accounting? A. Providing information for making decisions B. Providing information for planning C. Providing information for control Providing information for profit and loss statements Which of the following terms accurately describes all three manufacturing costs (i.e. materials,direct labour and manufacturing overhead)? A. Product costs B. Variable costs C. Direct costs Q. Beth direct costs and product costs 4. Depreciation of factory equipment would be classified as: A. indirect material B. indirect labour manufacturing overhead D. period cost 35. Which of the following would be the least appropriate allocation base to allocate the cost a human resources department to other departments? A. sales dollars B. labor turnover C hours of training mimber of employees SECTION B (True or False The increased information needs of modern organisations have meant that managemen accounting has bad to change its focus over the years 1. True F Inventoriable costs include direct materials, direct labour, manufacturing overheads and period costs for that accounting period. 2. True Fage/

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