Question

Complete the following statements with one of the terms listed here. You may use a term more than once, and some terms may not be used at all.
a. _______ systems are chosen by comparing the costs versus the benefits of the system and are not restricted by IFRS or ASPE.
b. Public accountants audit the _______ statements of public companies.
c. Financial accounting develops reports for external parties such as _______ and _______.
d. Companies must follow IFRS or ASPE in their _______ systems.
e. Decision makers inside a company are the _______.
f. Choosing goals and the means to achieve them is the _______ function of management.
g. _______ systems report on various segments or business units of the company.
h. When managers evaluate the company’s performance compared to the plan, they are performing the _______ role of management.
i. Information on a company’s past performance is provided to external parties by
__________________.


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  • CreatedApril 30, 2015
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