Managerial accounting (MANAGERIALACCOUNTING)
Harvard University
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Test Bank For Managerial Accounting 12th Edition By Garrison, Complete Study Guide, Chapter 1-17
- Exam (elaborations) • 861 pages • 2023
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Test Bank For Managerial Accounting 12th Edition By Garrison, Complete Study Guide, Chapter 1-17. When carrying out their planning activities, managers select a course of action and 
specify how the action will be implemented. 
Answer: True Level: Easy LO: 2 
6. When carrying out their planning activities, managers obtain feedback to ensure that 
the plan is actually carried out and is appropriately modified as circumstances change. 
Answer: False Level: Medium LO: 2 
7. The controller occupies ...
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Test Bank For Managerial Accounting 12th Edition By Garrison, Complete Study Guide, Chapter 1-17
- Exam (elaborations) • 861 pages • 2023
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- $30.49
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Test Bank For Managerial Accounting 12th Edition By Garrison, Complete Study Guide, Chapter 1-17. Managerial accounting is not needed in a non-profit or governmental organization. 
Answer: False Level: Easy LO: 1 
5. When carrying out their planning activities, managers select a course of action and 
specify how the action will be implemented. 
Answer: True Level: Easy LO: 2 
6. When carrying out their planning activities, managers obtain feedback to ensure that 
the plan is actually carried out...
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TEST BANK FOR MANAGERIAL ACCOUNTING 16TH EDITION BY GARRISON
- Exam (elaborations) • 163 pages • 2023
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- $30.49
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TEST BANK FOR MANAGERIAL ACCOUNTING 16TH EDITION BY GARRISON. Selling costs are indirect costs. 
Answer: F 
Difficulty: 2 Medium 
Learning Objective: 01-02 
Topic Area: 
Blooms: Remember 
AACSB: Reflective Thinking 
AICPA: BB Critical Thinking 
AICPA: FN Measurement 
Feedback: 
[QUESTION] 
6. The sum of all manufacturing costs except for direct materials and direct labor is called manufacturing 
overhead. 
Answer: T 
Difficulty: 2 Medium 
Learning Objective: 01-02 
Topic Area: 
Blooms: Understan...
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