management accounting

1 . Performance measures for financial control include all of the following except (Points : 2

reduced cycle times

ROI ( return on investment ) and economic value added

profit

cost

2 . In a centralized organization (Points : 2

local-division managers have greater control over their business segments

there are few deviations from the standardized way of doing things

front-line employees are trained to respond to changes in the business environment

decisions are made by the managers most familiar with the problems and opportunities

3 . A decentralized organization does all the

following except it (Points : 2

encourages local success rather than organizational success

trains employees in skills needed for decision making

assigns responsibility to front-line employees

adapts to the local business environment

4 . All of the following would likely be classified as cost centers except (Points : 2

Maintenance department at local grocery store

your university 's computer center

X-ray department of hospital

All of the above are cost centers

5 . Measuring performance based on cost per unit will motivate performance that includes keeping __________ under control (Points : 2

only costs

costs and on-time delivery

costs and the amount of defects

only quality

6 . A cost center is a business segment (Points : 2

that usually evaluates employee performance by comparing the center 's actual costs with target or standard costs for the amount and type of work done

in which interperiod cost comparisons can be misleading if the output level and production mix are constant

that usually includes individual stores within a department-store chain that should...