1. Performance analysis in the planning and control cycle relates to the act of: A. planning. B. managing C. controlling D. revising plans. 8. The term "cost" means: A. the price paid for a raw material. B. the wage paid to a worker. C. the price charged by an entity for its services. D. all of the above. 10. Which of the following is more relevant to management accounting than to cost accounting? A. accumulation and determination of product or service cost. B. income measurement and inventory valuation. C. generally accepted accounting principles. D. providing managers information for planning and control purposes