A Managerial Accountant 1. Does Not Participate in the Standard Setting Process

question 130

Multiple Choice

A managerial accountant
1. does not participate in the standard setting process.
2. provides knowledge of cost behaviors in the standard setting process.
3. provides input of historical costs to the standard setting process.

• A) 1
• B) 2
• C) 3
• D) 2 and 3

---

Definitions:

Sexual Behavior

Any activity—solitary, between two people, or in a group—that induces sexual arousal and may lead to orgasm.

Personality Traits

Enduring characteristics that describe an individual's behavior.

Adoptive Parents

Individuals or couples who become the legal parents of a child that is not biologically their own through the legal process of adoption.

Political Attitudes

Individual or collective viewpoints and preferences about political issues, policies, and personalities.