Managerial accountancy based true false questions

Assignment Help Accounting Basics

Reference no: EM1354941

1. Setting discount rates too high due to fear of future rates tends to bias decisions against making strategic investments.
True
False

2. An accountant who works as a managerial accountant usually produces accounting information for one specific company.
True
False

3. Managerial accounting information must be reported to the government on an annual basis.
True
False

4. A firm's decision makers must have knowledge of managerial accounting and concepts.
True
False

5. As a general rule, manufacturing overhead costs are easily associated with specific products.
True
False

6. The cost of capital is the interest rate that results in the present value of cash inflows from an investment.
True
False

Reference no: EM1354941

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