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    Midterm Exam MAcctgPreEl02 - Google Forms

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    Mara Clara
    The document is a midterm exam for a course on management reporting. It contains multiple choice and essay questions testing knowledge of different types of reports including internal reports, special reports, routine reports, financial reports, and management level reports. The questions also cover topics like the objectives and levels of management reporting, modes of reporting, and principles of an effective reporting system.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Midterm Exam MAcctgPreEl02 - Google Forms

    Uploaded by

    Mara Clara
    51 views5 pages
    The document is a midterm exam for a course on management reporting. It contains multiple choice and essay questions testing knowledge of different types of reports including internal reports, special reports, routine reports, financial reports, and management level reports. The questions also cover topics like the objectives and levels of management reporting, modes of reporting, and principles of an effective reporting system.

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    Midterm Exam MAcctgPreEl02 - Google Forms

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    The document is a midterm exam for a course on management reporting. It contains multiple choice and essay questions testing knowledge of different types of reports including internal reports, special reports, routine reports, financial reports, and management level reports. The questions also cover topics like the objectives and levels of management reporting, modes of reporting, and principles of an effective reporting system.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    51 views5 pages

    Midterm Exam MAcctgPreEl02 - Google Forms

    Uploaded by

    Mara Clara
    The document is a midterm exam for a course on management reporting. It contains multiple choice and essay questions testing knowledge of different types of reports including internal reports, special reports, routine reports, financial reports, and management level reports. The questions also cover topics like the objectives and levels of management reporting, modes of reporting, and principles of an effective reporting system.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 5

    Midterm Exam

    * Required

    1. Name *

    2. Section *

    Mark only one oval.

    Multiple Choice
    Midterm Exam

    3. Internal Users Report is a

    Mark only one oval.

    Users Report

    Special Reports

    Routine Reports

    External Reports

    4. Special Report is a

    Mark only one oval.

    Routine Report

    Special Report

    Management Level Report

    External Users Report


    5. Which is not a Users Report?

    Mark only one oval.

    Special Reports

    Routine Reports

    Internal Users Report

    Operating Reports

    6. These reports are specially prepared only when to investigate a particular problem.

    Mark only one oval.

    Investigative Reports

    Enterprise Reports

    Control Reports

    Financial Reports

    7. It is a report that shows the changes took place during the year in the financial position of the
    business.

    Mark only one oval.

    Static Financial Report

    Dynamic Financial Report

    Enterprise Financial Report

    Financial Control Report

    Identification
    Midterm Exam

    8. The communication of the information between two or more parties through reports is known
    as
    9. The process of providing information to the management is known as

    10. These reports play a vital part in decision-making. They are prepared for specific reasons.

    11. These reports are prepared to help the managers in controlling the operations of the
    business

    12. These are the reports, which give a detailed description of the various operating activities
    and financial position of the business.

    13. These reports are necessary to know the success or failure of the management’s
    responsibility to shareholders through the accounting.

    14. This report is prepared when joint efforts are made in performing the activity.

    15. These reports provide the information regarding the position of assets and liabilities. They
    include balance sheet and certain additional statements for individual items of the balance
    sheet.

    16. Report is prepared for the individual activity of a single department working under the
    supervision of one executive.
    17. These reports convey the information regarding the operations of the business at different
    functional levels.

    Enumeration
    Midterm Exam

    18. What are the objectives of Reporting?

    19. What are the three levels of management?

    20. What are the three modes of reporting?

    21. Give at least 3 examples of reports for each mode of reporting.

    22. What are the types of reports presented to the management?

    Essay
    Midterm Exam
    23. Explain the importance of management reporting.

    24. Explain the general principles of good reporting system.

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