chap001p3 - Chapter 001, Managerial Accounting and the...

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Chapter 001, Managerial Accounting and the Business Environment Key 1-11 16. Decentralization refers to: A. reporting for the company as a whole. B. focusing reporting on parts of the company. C. the delegation of decision-making authority throughout an organization. D. differences in organizations. AACSB: Reflective Thinking AICPA BB: Critical Thinking AICPA FN: Measurement Learning Objective: 2 Level: Easy 17. _________________ is an example of a staff position. A. Sales manager for a manufacturer B. President of a merchandising company C. Store manager for Best Buy D. Human resource manager for a community college AACSB: Reflective Thinking AICPA BB: Critical Thinking AICPA FN: Measurement Learning Objective: 2 Level: Easy 18. Which of the following is NOT one of the three major customer value propositions discussed in the text? A. customer intimacy B. operational excellence C. zero defects D. product leadership AACSB: Reflective Thinking AICPA BB: Critical Thinking AICPA FN: Measurement Learning Objective: 2 Level: Easy
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Chapter 001, Managerial Accounting and the Business Environment Key 1-12 19. Which of the following is NOT one of the five steps in the lean thinking model discussed in the text? A.
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chap001p3 - Chapter 001, Managerial Accounting and the...

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