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A number of terms are provided. timely management accounting ethical guidelines cost-benefit technical control value chain reliable corporate social responsibility strategy Use the terms from

A number of terms are provided.

timely

management accounting

ethical guidelines

cost-benefit

technical

control

value chain

reliable

corporate social responsibility

strategy

Use the terms from the list to complete the following sentences:

1.

Management of activities, businesses, or functional areas, which managers oversee and coordinate within the organization, requires _______ and ______ information.

2.

The _______ considerations help managers make wise economic decisions by providing them with the desired information in an appropriate format and at the preferred frequency.

3.

_______ comprises taking actions that implement the planning decisions, deciding how to evaluate performance, and providing feedback to learn how to improve future decisions.

4.

Many professional accounting organizations issue _______ to help their members reason through an appropriate response to an ethical issue.

5.

_______ measures, analyzes, and reports financial and nonfinancial information to internal managers who use it to choose, communicate, and implement strategy and operational changes.

6.

The _______ approach should be used to make resource-allocation decisions. Resources should be spent if the expected benefits to the company exceed the expected costs.

7.

_______ specifies how an organization matches its own capabilities with the opportunities in the marketplace to accomplish its objectives.

8.

_______ is the sequence of business functions in which customer usefulness is added to products or services.

9.

_______ is the voluntary integration by companies of social and environmental concerns into their business operation.

1) Management of activities, businesses, or functional areas, which managers oversee and coordinate within the organization, requires

information.

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