tb chap 12 - 1. The dual focus of a cost management system...

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1. The dual focus of a cost management system (CMS) information emphasizes: a. management and employees. b. customers and suppliers. c. manufacturing and service. d. short run objectives and long run objectives. correct: d 2. In the short run, a cost management system focuses on: a. organizational survival. b. organizational efficiency. c. distribution channels. d. the organization's mission. correct: b 3. Which of the following is not a long run focus of a cost management system (CMS)? a. Customers b. Suppliers c. Products d. Marketing correct: d 4. Which one of the following is not a major factor category in designing a CMS? a. Modify b. Analyze c. Determine d. Perform correct: a 5. A management information system (MIS): a. is a structure of interrelated elements used to collect, organize, and communicate data. b. satisfies external, rather than internal, demands for information. c. in most organizations has been outsourced for ease of access and reliability. d.
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tb chap 12 - 1. The dual focus of a cost management system...

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