chap001 - Chapter 001 Managerial Accounting and the...

Info iconThis preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
Chapter 001, Managerial Accounting and the Business Environment Question Type Difficulty LO1: Role of management accountants LO2: Lean Production, TOC, Six Sigma LO3: Ethics Professional Exam Adapted ID Origin CMA/CPA origin 1 T/F M x 5/e: 1-7 Authors 2 T/F M x EN: 11/2/05, B E.N. 3 T/F E x EN: 11/2/05, G E.N. 4 T/F E x EN: 11/2/05, J E.N. 5 T/F M x EN: 11/2/05, O E.N. 6 T/F M x New,6/23/95,AJ E.N. 7 T/F M x EN: 11/2/05, Q E.N. 8 T/F M x EN: 11/2/05, U E.N. 9 T/F M x EN: 11/2/05, AA E.N. 10 T/F M x EN: 11/2/05, AC E.N. 11 T/F E x New,6/19/08,BB E.N. 12 T/F M x New,6/23/95,AR E.N. 13 T/F M x New,6/18/07,AA E.N. 14 Conceptual M/C M x 5/e: 1-25 Authors 15 Conceptual M/C E x 3/e: 1-6 Authors 16 Conceptual M/C E x 11/e: ATB 1-11 Antoinette Clegg 17 Conceptual M/C E x 11/e: ATB 1-16 Antoinette Clegg 18 Conceptual M/C E x EN: 11/2/2006, B E.N. 19 Conceptual M/C E x EN: 11/2/2006, E E.N. 20 Conceptual M/C M x 11/e: ATB 1-35 Antoinette Clegg 21 Conceptual M/C E x 8/e:ATB1-21 David Keyes 22 Conceptual M/C E x 11/e: ATB 1-21 Antoinette Clegg 23 Conceptual M/C M x EN: 11/2/2006, I E.N. 24 Conceptual M/C M x EN: 11/2/2006, P E.N. 25 Conceptual M/C H x 7/e: 1-51 Authors 1-1
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Chapter 001, Managerial Accounting and the Business Environment True / False Questions 1. The controller occupies a staff position in an organization. True False 2. A strategy is a game plan that enables a company to attract customers by mimicking what successful competitors do. True False 3. Customer value propositions tend to fall into three broad categories–theory of constraints, six sigma, and enterprise risk management. True False 4. Companies that choose an operational excellence strategy are in essence saying to their customers, "Choose us because we can deliver products and services faster, more conveniently, and at a lower price than our competitors." True False 5. A value chain consists of the major subassemblies that add value to a product. True False 6. Efforts designed to increase the rate of output should generally be applied to non-constraint work stations. True False 7. The lean thinking model focuses on reducing defects to as close to zero as possible. True False 1-2
Background image of page 2
Chapter 001, Managerial Accounting and the Business Environment 8. Six Sigma is a process improvement method that targets a system's constraint for process improvement. True False 9. The Sarbanes-Oxley Act of 2002 was intended to protect the interests of those who invest in publicly traded companies by ensuring that their original investments could be recovered in case of fraud. True False 10. Enterprise risk management involves replacing risky investments with investments in low- risk government securities. True False
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 11/10/2010 for the course ACCOUNTING acc taught by Professor Sign during the Spring '10 term at S. Alabama.

Page1 / 14

chap001 - Chapter 001 Managerial Accounting and the...

This preview shows document pages 1 - 4. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online