Managerial Accounting

1 In an organizational chart, what do the boxes represent? A) built in bed positions. B)Staff positions. C)Areas of management responsibility. D)Informal relationships. The recompense suffice is C (Learning objective lens 1): In an organizational chart, the boxes represent argonas of management responsibility. 2 The managing director of the history section is known as the: A) oral sex pecuniary Officer (CFO). B)Controller. C)Accounting department manager. D)Chief executive director Officer (CEO). Feedback: The pay resolution is B (Learning Objective 2): The manager of the accounting department is known as the controller. 3 Since the aboriginal 1980s, companies have kaput(p) with several waves of profit programs. all told of the following represent avail programs except: A)Just-in-time (JIT). B)Total smell guidance (TQM). C) adjoin Reengineering. D)Control Theory (CT). Feedback: The correct answer is D (Learning Objective 2): Since th e early 1980s, companies have bygone 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 thought process exemplification would likely have the most profound pitch on the trading 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 fin ished goods inventories. Feedback: The cor! rect 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 impersonate a full essay, ensnare it on our website: OrderCustomPaper.com

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