Accounting for Decision Making and Control 9th Edition by Zimmerman - Test Bank

A. 

is always a single integrated system

B. 

includes only financial information

C. 

may include other information such as customer satisfaction surveys, in addition to financial information

D. 

is less important as a firm grows in size

E. 

none of the above

A. 

Managers naturally seek to maximize shareholders' wealth

B. 

Managers act in their own interests, and so there is no way to align their interests with those of the owners

C. 

To motivate managers in non-profit firms, no employee incentives are needed

D. 

To align the interests of managers and owners, owners must design systems to monitor and reward management behavior that increases the firm's profits

E. 

none of the above

A. 

provide information to enable costs to be minimized

B. 

provide financial accounting data for external reporting purposes

C. 

provide management accounting information for decision-making

D. 

provide data for tax purposes

E. 

all of the above

A. 

explains why firms persist in inefficient behavior

B. 

explains why some inefficient accounting practices persist

C. 

explains why marmots eat bears

D. 

explains why bears eat marmots

E. 

none of the above

A. 

are internal consultants

B. 

are mainly score-keepers

C. 

focus on calculating product costs

D. 

are ‘corporate cops'

E. 

mostly a) and d)

A. 

are the responsibility of the external auditor

B. 

include anti-fraud measures

C. 

are designed to allow financial misrepresentation

D. 

require that one person perform all aspects of a task

E. 

all of the above