Managerial Accounting Includes the Planning Function

question 119

Multiple Choice

Managerial accounting includes the planning function. Which of the following items would be part of the planning function of a business's managerial accounting?

• A)Creating detailed budgets
• B)Evaluating results of operations
• C)Comparing actual performance to previously budgeted amounts
• D)Implementing operational plans

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Definitions:

Inner Classes

Classes defined within another class, used in programming to logically group classes that are only used in one place, thus increasing encapsulation.

Inner Class

A class defined within another class, useful for logically grouping classes that are only used in one place.

Outer Class

A class that is not nested within another class and can contain inner classes.

Anonymous Class

A temporary class that is declared and instantiated in a single statement without using a named class.