IT has all 50 question i have attached in in a doc file;1.Which one of the following would not be found in a merchandising company? (Points: 2);Beginning inventory.;Cost of goods sold.;Ending inventory.;Gross profit.;Work-in-process.;2.Which one of the following critical success customer factors is best measured by warranty expense? (Points: 2);Quality.;Dealer and distributor efficiency and effectiveness.;Timeliness of delivery.;Customer satisfaction.;3.Which one of the following is not a type of cost driver? (Points: 2);Structural cost driver.;Executional cost driver.;Volume-Based cost driver.;Differential cost driver.;Activity-Based cost driver.;4.In the current business environment, companies cannot survive without a long-term strategy. What exactly should an effective strategy include? (Points: 2);A set of policies, procedures, and approaches to business that will result in long-term success.;A focus on accurate financial data, thus allowing the firm to effectively compete in any environment.;A focus on long-term nonfinancial information that will provide the company with versatile management techniques capable of being used in a wide variety of situations.;A clear, concise mission statement, naming every product and outlining the company's long-term goals of success.;5.With the enactment of the Sarbanes-Oxley Act of 2002, all public companies are now required by the SEC to disclose whether or not the company has: (Points: 2);An audit committee.;Human resources guidelines.;A code of ethics.;A management compensation plan.;6.Which of the following organizations presents awards to firms that excel at execution of strategy, based on criteria such as leadership, marketing, strategic planning and process management? (Points: 2);International Organization for Standardization.;Malcolm Baldrige National Quality Program.;Global Reporting Initiative.;World Resources Institute.;American Institute of Certified Public Accountants.;7.The additional cost incurred as the cost driver increases by one unit is: (Points: 2);Average cost.;Controllable cost.;Variable cost.;Unit cost.;8.The cause and effect relationships among critical success factors are best captured in: (Points: 2);The balanced scorecard;Business intelligence;The value chain;The strategy map;SWOT analysis;9.After critical success factors (CSFs) have been identified, the next step in developing a competitive strategy is to develop relevant and reliable measures for these CSFs. These measures are important to help the organization: (Points: 2);Make profit for any extended period.;Increase sales above previous year(s).;Develop policies to enhance customer profitability.;Improve productivity in selected product areas.;Monitor progress toward achieving strategic goals.;10.Which of the following aspect of a contemporary management technique is a framework and process that organizations use to manage the occurrence of possible events that could negatively or positively affect the company's competitiveness and success? (Points: 2);Total quality management;Lean accounting;The theory of constraints;Enterprise sustainability;Enterprise risk management;11.Strategic analysis uses which of the following to help a firm improve its competitive position through an analysis of product and production complexity? (Points: 2);Differential cost drivers.;Discretionary cost drivers.;Structural cost drivers.;Marginal cost drivers.;12.In order to assure that accounting information is accurate and to avoid potentially costly mistakes in the decision making process, firms should: (Points: 2);Design and monitor an effective system of internal accounting controls.;Have the internal auditors and controller each check the accounting data before it is released to management.;Purchase an accounting system that is designed specifically for the industry in which the firm conducts business.;Develop and implement a code of ethics.;13.When cost relationships are linear, total variable costs will vary in proportion to changes in: (Points: 2);Direct labor hours.;Total material cost.;Total overhead cost.;Volume of production.;Machine hours.
Paper#28272 | Written in 18-Jul-2015Price : $42