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management accounting is considered successful when it a) is accurate b) helps c

ID: 2442280 • Letter: M

Question

management accounting is considered successful when it

a) is accurate

b) helps creditors evaluate the companys performance

c) helps managers improve their decisions

d) is relevant and reported annually

2) The value chain is the sequence of business functions in which:

a) products and services are evaluate with respect to their value to the supple chain

b) value is deducted from the products or services of an organization

c) usefulness is added to the products or services of an organization

d) value is proportionately added to the products or services of an organization

3) Strategy specifies:

a) standard procedures to ensure quality products

b) how an organization matches its own capabilities with the opportunities in the marketplace

c) incremental changes for improved performance

d) the demand created for products and services

Thank you

Explanation / Answer

1. c) helps managers improve their decisions

2. d) value is proportionately added to the products or services of an organization

3. b) how an organization matches its own capabilities with the opportunities in the marketplace Please remember to rate - thanks!