accounting - 1 Marks: 2 ______________ is an example of a...

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Unformatted text preview: 1 Marks: 2 ______________ is an example of a line position. Answer: a. Controller for a merchandising company b. Chief financial officer of a merchandising company c. Store manager for Best Buy d. Human resources manager for a community college Incorrect Marks for this submission: 0/2. 2 Marks: 2 Which of the following is NOT one of the three major customer value propositions discussed in the text? Answer: a. discount pricing b. product leadership c. customer intimacy d. operational excellence Incorrect Marks for this submission: 0/2. 3 Marks: 2 The Institute of Management Accountants' Standards of Ethical Conduct contains a policy regarding confidentiality that requires that management accountants: Answer: a. refrain from disclosing confidential information acquired in the course of their work except when authorized by management b. refrain from disclosing confidential information acquired in the course of their work in all cases since the law requires them t c. refrain from disclosing confidential information acquired in the course of their work in all situations. d. refrain from disclosing confidential information acquired in the course of their work except when authorized by management Correct Marks for this submission: 2/2. 4 Marks: 2 One consequence of a change from a push to a properly implemented pull production system can be: Answer: a. an increased mismatch between what is produced and what is demanded by customers. b. an increase in raw materials inventories. c. an increase in work in process inventories. d. an extremely difficult cultural change due to enforced idleness when demand falls below production capacity. Incorrect Marks for this submission: 0/2. 5 Marks: 2 The Sarbanes-Oxley Act of 2002 contains all of the following provisions EXCEPT: Answer: a. Both the CEO and CFO must certify in writing that their company's financial statements and accompanying disclosures fairl b. Financial statements must be audited once every three years by the Government Accounting Office. c. The audit committee of the board of directors of a company must hire, compensate, and terminate the public accounting firm d. A company's annual report must contain an internal control report. Correct Marks for this submission: 2/2. 1 Marks: 2 Managerial accounting places considerable weight on: Answer: a. detailed segment reports about departments, products, and customers. b. the financial history of the entity. c. generally accepted accounting principles. d. ensuring that all transactions are properly recorded. Incorrect Marks for this submission: 0/2. 2 Marks: 2 The Institute of Management Accountants' Standards of Ethical Conduct contains a policy regarding confidentiality that requires that management accountants: Answer: a. refrain from disclosing confidential information acquired in the course of their work in all cases since the law requires them t b. refrain from disclosing confidential information acquired in the course of their work except when authorized by managementb....
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This note was uploaded on 11/07/2010 for the course MKTG BA511 taught by Professor Dick during the Spring '10 term at Andrew Jackson.

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accounting - 1 Marks: 2 ______________ is an example of a...

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