The document contains 5 multiple choice questions about managerial accounting and functions. Question 1 asks which statement about managerial accountants is false, with the answer being that an increasing number of organizations are segregating managerial accountants into separate departments. Questions 2 through 5 ask about managerial functions, with planning involving a detailed description of anticipated operations, decision making involving choosing among alternatives, and directing operational activities involving the coordination of daily business functions.
The document contains 5 multiple choice questions about managerial accounting and functions. Question 1 asks which statement about managerial accountants is false, with the answer being that…