Question
1. A structure of interrelated elements that enables management to plan, control, and evaluate performance is referred to as a __________________________________. 2. A measuring device
1. A structure of interrelated elements that enables management to plan, control, and evaluate performance is referred to as a __________________________________.
2. A measuring device that identifies what is happening in a process being controlled is referred to as a(n) _____________________.
3. A device for determining what is happening in a process being controlled is referred to as a(n) ______________________.
4. A device that alters behavior if the control system indicates a need to do so is referred to as __________________________.
5. An operation whose exact nature cannot be observed is referred to as a(n) ___________________.
6. A set of formal methods used to plan and control the cost-generating activities of an organization is referred to as a(n) _________________________________.
7. The underlying set of assumptions about an organization and the goals, processes, and values that its members share is referred to as __________________________________.
8. How costs change relative to changes in production or sales volume is referred to as ____________________.
9. Three groups of elements affecting the design of a cost management system are __________________, __________________, and __________________.
10. The study of the differences between a current and a proposed cost management system is referred to as ________________________.
11. A packaged business software system that allows an organization to improve the quality and timeliness of information as well as integrate and standardize information is referred to as a(n)
_______________________________________.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started