Question
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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