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Chapter 1: Introduction to Managerial Accounting




Question;1.5-11 XBRL will be required of;both public and private companies.;1.5-12 Managerial accounting;has its roots in the industrial age of manufacturing.;1.5-13 Lean production is both;a philosophy and a business strategy of manufacturing without waste.;1.5-14 The;American Institute of Certified Public Accountants was the first professional;membership organization in the United States to earn the ISO 9001;certification.;1.5-15 Sustainabilityis;generally describedasthe ability to meet the needs of the;present without compromising the ability of future;generations to meet their own needs.;1.5-16 Company initiatives to;address sustainability and corporate responsibility not only ?do the right thing?, but also can lead to economic profits by;increasing demand for the company?s products and;services.


Paper#54954 | Written in 18-Jul-2015

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