BUS 430 – Strategic Management – Test #6 Chapter 10 – Superior Strategy Execution-Another Path to Competitive Advantage 1. | Once company managers have decided on a strategy‚ the emphasis turns to A. | converting the strategy into actions and good results. | B. | empowering employees to revise and reorganize value chain activities to match the strategy. | C. | establishing policies and procedures that instruct company personnel in the ways and means of executing the strategy. | D. |
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Chapter 01 Introduction to Managerial Accounting True / False Questions 1. Financial accounting information is generally used exclusively by internal parties such as managers. True False 2. Financial accounting information is prepared according to generally accepted accounting principles. True False 3. Managerial accounting information includes such items as budgets‚ performance evaluations‚ and cost reports. True False 4. Financial accounting
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Chapter 4 Process Costing Chapter 4 Process Costing Solutions to Questions 4-1 A process costing system should be used in situations where a homogeneous product is produced on a continuous basis. 4-2 Job-order and processing costing are similar in the following ways: 1. Job-order costing and process costing have the same basic purposes—to assign materials‚ labor‚ and overhead cost to products and to provide a mechanism for computing unit product costs. 2. Both systems use the same basic
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The several approaches to accounting theory‚ 1. Deductive recur sing or “approach going from the general to the specific.” 2. Inductive approach ‘Going from the specific to the general.’ 3. The ethical approach of accounting theory places emphasis on the concept of justice‚ truth & fairness. This is particularly true of the ethical approach‚ for defining it of the separate approach does not necessarily imply that other approaches do not have ethical content‚ not does it imply that ethical theories
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I believed in 11:11 but Adam didn’t. (11:11 Numerologists believe that events linked to the time 11:11 appear more often than can be explained by chance or coincidence. This belief is related to the concept of synchronicity source: https://en.m.wikipedia.org/wiki/11:11_(numerology) ) Adam is my neighbor (he lives next to me) and he makes me happy more than anyone (he is the reason behind my smile) ... Adam lives with a poor family‚ he barely goes out except for school I think. Adam has a few number
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Organizational communication Reading reflection: CH-9 communicating gender at work This reading touched down on three feminist perspectives that can be used to further understand power relations within organizational life. The three perspectives are liberal‚ radical‚ and critical feminist. The author argues that the critical feminist perspective is the better one of the three to use while looking at organizational communication in relation to power. In the later part of this reading masculinity
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Chapter 16 Managerial accounting concepts and principles 1) Direct costs are identified with and can be traced to a cost object. Indirect costs cannot be identified with or traced to a cost object. 2) Costs by function: A) Product costs consist of manufacturing costs: direct materials‚ direct labor and factory overhead. B) Period costs consist of selling and administrative expenses. 3) A) Prime costs which consist of direct materials and direct labor costs. B) Conversion costs which consist
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• ICD-9‚ ICD-10 coding‚ EDI(Electronic data interchange)‚ transaction syntax like ANSI X12 • Participated and actively functioned in Joint Application Development (JAD) • Strong Experience in Test Plans development‚ Test Conditions and Test Cases‚ test data creation and analysis‚ interaction with the development team for error detection and correction. • Understanding the Business Intelligence concept using set of methodologies‚ processes‚ architectures‚ and technologies that transform
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In search of political and social order Confucius (551-479 B.C.E.) and his school Confucius Educator and political advisor Sayings were compiled in the Analects by his disciples Confucian ideas Fundamentally moral and ethical in character Thoroughly practical: how to restore political and social order Concentrated on formation of junzi--"superior individuals" Edited and compiled the Zhou classics for his disciples to study Key Confucian values Ren--a sense of humanity‚ kindness‚ benevolence
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and managerial accounting‚ the first differences has to do with the primary users of the reports; in financial accounting the reports are used by external users such as stockholders‚ creditors and regulators. On the other hand managerial accounting reports are used by internal users and include officers and managers. In addition the type and the frequency of the reports differ; financial accounting have financial statements and quarterly and annually are for general purposes while managerial reports
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