Write True if the statement is correct and write False if the statement is incorrect. 1. Some planning is routine, recurring, and relates mainly to a period of one year. 2. Management accounting reports could be as detailed it could be. 3. Management accountants must refrain from disclosing confidential information acquired in the course if their work, except when authorized , unless legally obligated to do so. 4. The organizational chart of the company shows the corporate governance. 5. Accounting system must contain controls to achieve accuracy,honesty and efficiency and speed. Identify whether the following is a function or responsibility of Controller or of Treasurer 1. Appraising results and making recommendations. 2. Maintaining banking relationships . 3. Distribution of corporate earnings to owners . 4. Evaluating the acquisition of fixed assets