Managerial Accounting Includes the Planning Function

question 155

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) comparing actual performance to previously budgeted amounts
• B) creating detailed budgets
• C) implementing operational plans
• D) evaluating results of operations

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Definitions:

Distressing Events

Situations or occurrences that cause emotional, physical, or psychological strain or distress.

Managing Stress

Techniques and strategies used to handle stress and reduce its negative impact on one's life.

Holidays

Days of observance or celebration, typically free from work, that mark religious, national, or cultural events.

High Pitched

Refers to sounds that have a high frequency, resulting in a shrill or sharp tone.