MGT 640 Home work 1

MGT 640 Home work 1 - MGT 640 Home work 1.In the new...

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MGT 640 Home work 1.In the new business environment it is important that the managerial accounting function a. continue to operate in the same way as in the past. b. adapt to the changing business environment by adopting methods that support the strategic initiatives. c. be replaced, since there is no further need for managerial accounting in the new business environment. d. None of the above. 2. One of the shortcomings of traditional managerial accounting systems is that a. very little emphasis is put on reducing costs. b. too much effort is focused on product quality. c. not enough focus is put on activities that drive costs. d. too much emphasis is put on costs. 3. In the new business environment the managerial accounting function must a. continue operating in the same manner as in the past. b. become more integrated with the marketing and operations decision-making process. c. become less involved with the marketing and operations decision-making process. d.
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This note was uploaded on 10/25/2008 for the course MGT 640 / 610 taught by Professor I.e during the Spring '08 term at Union.

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MGT 640 Home work 1 - MGT 640 Home work 1.In the new...

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