An Accounting System That Provides Information That Management Can Use

question 171

Multiple Choice

An accounting system that provides information that management can use to evaluate the performance of a department's manager is called a:

• A) Cost accounting system.
• B) Managerial accounting system.
• C) Responsibility accounting system.
• D) Financial accounting system.
• E) Activity-based accounting system.

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Definitions:

Placebo Effect

A phenomenon in which a person experiences a physiological or psychological improvement after being given a treatment with no therapeutic value.

Anxiety Disorder

A category of mental health diagnoses that lead to excessive nervousness, fear, apprehension, and worry.

Independent Variable

The variable in an experiment that is manipulated to see if it causes an effect on some other variable.

Room Color

The influence of paint or decoration hues in a room on mood, behavior, and cognitive performance.