Corporate governance: Multiple Choice is a department within Canada Revenue with a mandate to ensure all corporations file annual tax returns. if effective, should enhance stakeholders' confidence that the organization is being managed in their best interests. ensures the personal interests of top management are fully achieved. is only important to non-publicly traded companies Benchmarking begins with: Multiple Choice completely redesigning a business process to improve it. determining the constraints within a given manufacturing process. studying organizations that are the best at a task a determination to only build products to meet specific customer orders. A manufacturing business has four different departments involved in producing each unit of its product. Maximum daily production capacities of each are: Department A - 100 units; Department B - 135 units; Department C-95 units, and Department D - 110 units. A consultant has suggested some alternatives to increase output capacities as follows: Alternative A - increase Department B's output to 200 units per day Alternative B - increase Department C's output to 120 units per day. Alternative C -increase both Department A's and Department C's outputs to 110 units per day Alternative D- increase Department D's output to 300 units per day Assuming the costs of each alternative are similar and that only one can be chosen, which alternative would yield the best results for the business? Multiple Choice B Which of the following statements is not true? Multiple Choice O Financial accounting and managerial accounting are independent of each other. Financial accounting, due to the requirements of regulation, is mandatory for businesses. Managerial accounting has a strong orientation towards the future. Financial accounting presents a historical perspective of business activities