The process of analyzing and reviewing financial records to check the integrity of company financial reports is called __________?

Related Mcqs:

1. The type of accounting which measures, reports and analysis of the non-financial and financial information to help in decision making is called _____________?

   A. financial accounting
   B. management accounting
   C. cost accounting
   D. decision accounting

2. The type of accounting, which reports financial and non-financial data about the cost of material and acquiring of resources is classified as ____________?

   A. material accounting
   B. cost accounting
   C. supplies accounting
   D. business accounting

3. The non-financial and financial aspects of the plan by the company management, is classified as ___________?

   A. complexity
   B. process
   C. budget
   D. batching

4. The variance used by managers to check whether the company has performed well and properly implemented the strategies is considered as ___________?

   A. strategic implementation
   B. proper implementation
   C. performance evaluation
   D. well evaluated

5. The calculation of product cost, gathering information for planning and analyzing information for decisions making are the features of ________?

   A. information accounting
   B. cost accounting
   C. analyzing accounts
   D. marketing costs

6. The type of accounting which reports to external parties of the organization is known as ____________?

   A. cost accounting
   B. decision accounting
   C. financial accounting
   D. management accounting

7. An accounting which records and measures the business transactions and is followed by generally accepted accounting principles is classified as ____________?

   A. external accounting
   B. internal accounting
   C. business accounting
   D. financial accounting

8. The costs of issuing purchase orders, making of delivery records for tracking payments and costs of inspection of items are classified as _____________?

   A. stock-out costs
   B. ordering costs
   C. carrying costs
   D. purchasing costs

9. The costs that are not incorporated in accounting records, but are recognized in different situations are classified as ___________?

   A. congruent costs
   B. imputed costs
   C. operating costs
   D. transfer costs

10. If a company uses large quantity of input than the budgeted quantity for output level, then the company is known to be __________?

    A. variable growth of company
    B. constant growth of company
    C. company is inefficient
    D. company is efficient