Which of the following functions is an example of the management activity referred to as planning? a. Developing a strategy for disposing of hazardous waste b. Tracking the cost of employee absence c. Ensuring that the most competent candidates are recruited by a company d. All of these items are correct. The detailed formulation of action to achieve a particular end is the management activity called: Ca. decision making b. planning. c. controlling d. All of these choices are correct. Investigating production variances and adjusting the production process are examples of: a. planning. b. controlling c. decision making. d. All of these choices are correct. The primary objective of managerial accounting is: a. to produce information for external users, including investors, creditors, customers, suppliers, and government agencies. b. to provide management with financial and nonfinancial information useful in planning, controlling, and decision making c. to provide the Internal Revenue Service with financial and nonfinancial information about the taxable income of an organization. d. to produce financial information that must comply with various accounting standards Which of the following activities would not be an example of a value-added activity? a. Excellent customer service b. Storage of finished products c. Timely delivery of products d. Customers being offered a variety of products