Q • Question 1 0.2 out of 0.2 points The branch of accounting that uses both historical and estimated data in providing information that management uses in conducting daily operations, in planning future operations, and in developing overall business strategies is called what? • Question 2 0.2 out of 0.2 points A branch of managerial accounting concerned with accumulating manufacturing costs for financial reporting and decision-making purposes is called what? • Question 3 0.2 out of 0.2 points In the management process, what term is used to describe the process by which managers run day-by-day operations? • Question 4 0.2 out of 0.2 points In the management process, what term is used to describe the monitoring of operating results and comparing actual results with the expect results? • Question 5 0.2 out of 0.2 points What is a payment of cash or the commitment to pay cash in the future for the purpose of generating revenues called?

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