glosary -...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Activity-based costing (ABC)  A method of allocating overhead based on each product's use of  activities in making the product. Balanced scorecard  A performance-measurement approach that uses both financial and  nonfinancial measures, tied to company objectives, to evaluate a company's operations in an  integrated fashion. Board of directors  The group of officials elected by the stockholders of a corporation to formulate  operating policies, select officers, and otherwise manage the company. Chief executive officer (CEO)  Corporate officer who has overall responsibility for managing the  business and delegates responsibilities to other corporate officers. Chief financial officer (CFO)  Corporate officer who is responsible for all of the accounting and  finance issues of the company. Controller  Financial officer responsible for a company's accounting records, system of internal  control, and preparation of financial statements, tax returns, and internal reports. Cost of goods manufactured
Background image of page 1

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

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 11/08/2011 for the course ACCOUNTING ac 202 taught by Professor - during the Fall '11 term at Montgomery.

Page1 / 3

glosary -...

This preview shows document pages 1 - 2. Sign up to view the full document.

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