Trends in Managerial Accounting

Trends in Managerial Accounting - 3. _________ Systems...

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TRENDS IN MANAGERIAL ACCOUNTING   Match the descriptions that follow with the corresponding terms. Action Plan •   Develop a forward-looking  view, in order to advise and  provide information to various  members of the organization. •   Understand current business  trends and issues. Descriptions: 1.   _________ All  activities  associated  with providing  a product or  service. 2.   _________ A  method of  allocating  overhead  based on each  product's use  of activities in  making the  product.
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Unformatted text preview: 3. _________ Systems implemented to reduce defects in finished products with the goal of achieving zero defects. 4. _________ 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. 5. _________ Inventory system in which goods are manufactured or purchased just as they are needed for use....
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Trends in Managerial Accounting - 3. _________ Systems...

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