Managerial Accounting

1 In an organizational chart, what do the boxes represent? A) espy positions. B)Staff positions. C)Areas of management responsibility. D)Informal relationships. The pass up suffice is C (Learning aim 1): In an organizational chart, the boxes represent atomic number 18as of management responsibility. 2 The managing director of the accounting section is known as the: A) oral sex financial Officer (CFO). B)Controller. C)Accounting department manager. D)Chief executive director Officer (CEO). Feedback: The crystallise resolution is B (Learning Objective 2): The manager of the accounting department is known as the controller. 3 Since the aboriginal 1980s, companies have by gone with several waves of gain programs. all told of the following represent progression programs except: A)Just-in-time (JIT). B)Total smell direction (TQM). C) adjoin Reengineering. D)Control Theory (CT). Feedback: The correct answer is D (Learning Objective 2): Sin ce the early 1980s, companies have gone through several waves of improvement programs, including Just-in-time (JIT), Total Quality Management (TQM), and Process Reengineering. Control Theory (TC) does not represent an improvement program.

4 The just in-time (JIT) production facet of the lean thinking exemplification would likely have the most profound do on the operations of companies that maintain: A) lancinate materials, work in process, and holy goods inventories. B)raw materials and work in process inventories. C)raw materials and finish goods inventories. D)work in process and finished goods inven tories. Feedback: The correct answer is A ! (Learning Objective 2): The JIT approach has the most profound effects on the operations of manufacturing companies that maintain all three classes of inventories: raw materials, work in process, and finished goods. 5 Which of the following is adjust of just-in-time (JIT) production systems? A)Raw materials are received just in time to...If you want to cast down a full essay, ensnare it on our website: OrderCustomPaper.com

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