Escolar Documentos
Profissional Documentos
Cultura Documentos
Page 1 of 6
1.
award:
3 out of 3 points
6. The chief financial officer is the member of the top management team who is responsible for providing timely and relevant data to support planning and control activities and for preparing financial statements for external users.
Exercise 1-1 The Roles of Managers and Management Accountants [LO1] Learning Objective: 01-1 Understand the role of management accountants in an organization.
Worksheet
http://ezto.mhhm.mcgraw-hill.com/hm_accounting.tpx?todo=printview
9/16/2011
Page 2 of 6
2.
award:
3 out of 3 points
http://ezto.mhhm.mcgraw-hill.com/hm_accounting.tpx?todo=printview
9/16/2011
Page 3 of 6
1. A(n) strategy
is a game plan that enables a company to attract customers by distinguishing itself from competitors.
2. Six sigma is a method that relies on customer feedback and objective data gathering and analysis techniques t process improvement.
is a series of steps that are followed to carry out some task in a business.
4. The system by which a company is directed and controlled is called corporate governance
5. The process used by a company to help identify the risks that it faces and to develop responses to those company is reasonably assured of meeting its goals is known as enterprise risk management . 6. A manufacturing cell is a work space that takes employees and equipment from departments that separated from one another and places them side-by-side. 7. The various groups of people, such as employees, customers, and suppliers, whose interests are tied to a performance are called stakeholders .
8. A(n) constraint
is anything that prevents an organization or individual from getting more of what it wants.
10. A(n) value chain consists of business functions that add value to a company's products and services such as resear development, product design, manufacturing, marketing, distribution, and customer service. 11. Corporate social responsibility decisions.
12. A management approach that coordinates business processes across companies to better serve end consumers is kn supply chain management . 13. The lean thinking model is a five-step management approach that organizes resources around the processes and that pulls units through those processes in response to customer orders. 14. A company can only succeed if it creates a reason for customers to choose it over a competitor; in short, a proposition . 15. The Sarbanes-Oxley Act of 2002
was enacted to protect the interests of those who invest in publicly traded companie
consumes resources but does not add value for which customers are willing
17. The management approach that emphasizes the importance of managing constraints is known as the theory of constra .
http://ezto.mhhm.mcgraw-hill.com/hm_accounting.tpx?todo=printview
9/16/2011
Page 4 of 6
Worksheet
Learning Objective: 01-2 Understand the basic concepts underlying Lean Production, the Theory of Constraints (TOC), and Six Sigma.
http://ezto.mhhm.mcgraw-hill.com/hm_accounting.tpx?todo=printview
9/16/2011
Page 5 of 6
1. A(n) strategy is a game plan that enables a company to attract customers by distinguishing itself from competitors.
2. Six sigma is a method that relies on customer feedback and objective data gathering and analysis techniques improvement. A(n) business process is a series of steps that are followed to carry out some task in a business.
3.
4.
The system by which a company is directed and controlled is called corporate governance.
5. The process used by a company to help identify the risks that it faces and to develop responses to those company is reasonably assured of meeting its goals is known as enterprise risk management. 6. A manufacturing cell is a work space that takes employees and equipment from departments that were from one another and places them side-by-side. 7. The various groups of people, such as employees, customers, and suppliers, whose interests are tied to a performance are called stakeholders. A(n) constraint is anything that prevents an organization or individual from getting more of what it wants.
8.
9. Increasing the rate of output of a(n) nonconstraint as the result of an improvement effort is unlikely to profits.
10. A(n) value chain consists of business functions that add value to a company's products and services such as resear development, product design, manufacturing, marketing, distribution, and customer service. 11. Corporate social responsibility is a concept whereby organizations consider the needs of all stakeholders decisions.
12. A management approach that coordinates business processes across companies to better serve end consumers is kn supply chain management. 13. The lean thinking model is a five-step management approach that organizes resources around the flow of and that pulls units through those processes in response to customer orders. 14. A company can only succeed if it creates a reason for customers to choose it over a competitor; in short, a proposition. 15. The Sarbanes-Oxley Act of 2002 was enacted to protect the interests of those who invest in publicly traded
16.
A(n) non-value-added activity consumes resources but does not add value for which customers are willing to pay.
17. The management approach that emphasizes the importance of managing constraints is known as the theory
http://ezto.mhhm.mcgraw-hill.com/hm_accounting.tpx?todo=printview
9/16/2011
Page 6 of 6
3.
award:
3 out of 3 points
c Customers do not mind being short-changed by cashiers because everyone does it. d e f g
b The net result of widespread dishonesty would be a shrunken economy with a lower growth. c d e f g
Learning Objective: 01-3 Understand the importance of upholding ethical standards.
http://ezto.mhhm.mcgraw-hill.com/hm_accounting.tpx?todo=printview
9/16/2011