25-C
26.
The following characterize management advisory services except
a. Involve decision for the future.
b. Broader in scope and varied in nature.
c. Utilize more junior staff than senior members of the firm.
d. Relate to specific problems where expert help is required.
26-C
27.
Which of the following is not a characteristic of management services?
a. A wider variety of assignments are encountered in MAS than in audit.
b. MAS engagements are recurring.
c. MAS pinpoint actions to be taken, the benefits of which will be received in the
future.
d. In MAS engagements, the nature of work involved requires a lesser need for junior
assistance.
27-B
28.
Which of the following is not a characteristic of Management Advisory
Services?
a. MAS is broad in scope
b. MAS involves problem-solving affecting the future operations of the client
c. Beneficiary of service is management
d. MAS is repetitive as far as the same client is concerned
28-D
29.
Which of the following types of management services is normally related to
accounting and finance?
a. Management audit.
b. Marketing forecasts.
c. Costs determination of alternatives in collective bargaining agreements.
d. Job evaluation and salary administration.
29-C
30.
Which of the following types of management services is not directly related to
accounting and finance functions?
a. Cost analysis of major investment decision.
b. Long range planning.
c. Design, installation and review of budgetary system.
d. Valuation of capital stock of companies for purposes of merger or sales.
30-B
31.
A certified public accountant’s scope of management services is broad and
covers all of the following except
a. Change management engagements.
c. Audit engagements.
b. Computerization engagements. d. Re-engineering jobs.
31-C
32.
Which of the following is not classifiable as a management advisory service by
CPAs?
a. Systems design.
c. Make or buy analysis.
5