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Ikut Turutan
Universiti
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Management Accounting Practice

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22

15 soalan

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# 1pilihan
What is the primary focus of management accounting?
External financial reporting
Maximizing tax benefits
Enhancing customer and shareholder value
# 2pilihan
In IFAC's evolution model, which stage focuses on cost determination and financial control?
Stage 1
Stage 3
Stage 5
# 3pilihan
Which technique is associated with Stage 2 (1950–1965) of the IFAC model?
Benchmarking
Responsibility accounting
Balanced scorecard
# 4pilihan
What was a key driver of Stage 3 in the IFAC model?
Rise of e-commerce
Increased global competition
Financial accounting regulations
# 5pilihan
What does the "Relevance Lost" concept by Johnson & Kaplan highlight?
Improved data accuracy
The rise of modern accounting systems
The outdated nature of traditional management accounting
# 6pilihan
What is one major criticism mentioned in "Relevance Lost"?
Too much focus on innovation
Management accounting was too forward-looking
Reports were historical and not timely
# 7pilihan
According to "Relevance Regained," what must management accounting do to stay relevant?
Focus only on cost-cutting
Adapt to environmental changes
Eliminate budgeting
# 8pilihan
Contemporary management accounting includes which of the following features?
Inward-looking focus
Only financial data used
Use of both financial and non-financial data
# 9pilihan
Which of the following is a contemporary technique?
Product costing
Variance analysis
Balanced scorecard
# 10pilihan
One role of management accounting in the new business environment is to:
Only manage payroll
Support strategy formulation and implementation
Focus solely on profit reporting
# 11pilihan
What soft skill is important for management accountants?
Manual calculation skills
Strong verbal and written communication
Legal drafting expertise
# 12pilihan
Strategic planning in management accounting involves:
Short-term budgeting
Long-term goal alignment with data
Tax estimation
# 13pilihan
Traditional management accounting focuses on:
External innovation
Strategic issues
Short-term operational matters
# 14pilihan
A key change in the business environment affecting management accounting is:
Decrease in digital tools
Rise of global competition
Rejection of strategic partnerships
# 15pilihan
How does globalization negatively impact management accounting?
Enhances data accuracy
Simplifies compliance
Increases regulatory complexity
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