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Quiz

Adv Managerial Acct - Business Environment

turquoise_cat 10 perguntas 5,0 (1 avaliação)

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Perguntas do quiz (10)

  1. 1In an organizational chart, what do the boxes represent?
    1. ALine positions.
    2. BStaff positions.
    3. CAreas of management responsibility.
    4. DInformal relationships.
  2. 2The manager of the accounting department is known as the:
    1. AChief Financial Officer (CFO).
    2. BController.
    3. CAccounting department manager.
    4. DChief Executive Officer (CEO).
  3. 3Since the early 1980's, companies have gone through several waves of improvement programs. All of the following represent improvement programs except:
    1. AJust-in-time (JIT).
    2. BTotal Quality Management (TQM).
    3. CProcess Reengineering.
    4. DControl Theory (CT).
  4. 4The just in-time (JIT) production facet of the lean thinking model would likely have the most profound effects on the operations of companies that maintain:
    1. Araw materials, work in process, and finished goods inventories.
    2. Braw materials and work in process inventories.
    3. Craw materials and finished goods inventories.
    4. Dwork in process and finished goods inventories.
  5. 5Which of the following is true of just-in-time (JIT) production systems?
    1. ARaw materials are received just in time to go into production.
    2. BMarketing is scheduled just in time to generate customer orders.
    3. CThe flow of goods is controlled by a push approach.
    4. DJIT approaches can be contrasted with conventional approaches which advocate a pull approach.
  6. 6Which of the following is a procedure inherent in the Theory of Constraints?
    1. AIdentify the strongest link.
    2. BDo not place a greater strain on the system that the strongest link can handle.
    3. CConcentrate improvement efforts on strengthening the strongest link.
    4. DImprovement efforts must be focused on the constraint.
  7. 7The process improvement method that relies on customer feedback and fact-based data gathering and analysis techniques to drive process improvement is known as:
    1. Ajust-in-time production.
    2. Blean thinking model.
    3. CSix Sigma.
    4. DTheory of Constraints
  8. 8The IMA's Statement of Ethical Professional Practice includes which of the following broad categories?
    1. ACompetence.
    2. BConfidentiality.
    3. CIntegrity.
    4. DAll of the answers are correct.
  9. 9Which of the following statements about the Sarbanes-Oxley Act of 2002 is not correct?
    1. AThe Act requires the CFO and the Controller certify in writing that their company's financial statements and accompanying disclosures fairly represent the results of operations.
    2. BThe Act requires that a company's annual report contain an internal control report.
    3. CThe Act establishes severe penalties of as many as 20 years in prison for altering or destroying any documents that may eventually be used in an official proceeding and as many as 10 years in prison for managers who retaliate against a whistle-blower who goes outside the chain of command to report misconduct.
    4. DThe Act places the power to hire, compensate, and terminate the public accounting firm that audits a company's financial reports in the hands of the audit committee.
  10. 10Which of the following statements about corporate social responsibility (CSR) is not correct?
    1. ACSR is a concept whereby organizations consider the needs of all stakeholders when making decisions.
    2. BCSR extends beyond legal compliance.
    3. CCSR includes voluntary actions that satisfy the expectations of customers, employees, suppliers, communities, and environmental and human rights advocates.
    4. DAll of the statements are correct.

Informações

Descrição
Chapter 1
Idioma
English
Visualizações
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Avaliação
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