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COMPLETE TEST BANK: Cost Management: A Strategic Emphasis 6th Edition by Edward Blocher (Author) latest Update.
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Cost Management: A Strategic Emphasis 6th Edition by Edward Blocher (Author),
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COMPLETE TEST BANK:Cost Management: A Strategic Emphasis 6th Edition
by Edward Blocher (Author) latest Update.
, CHAPTER 01
COST MANAGEMENT AND STRATEGY
multiple choice questions
which of the following does not represent a main focus of cost
management information?
A. strategic management.
B. performance measurement.
1
.
C. planning and decision making.
D. preparation of financial statements.
E. internal audit and control.
strategic management can be defined as the development of a
sustainable:
A. chain of command.
B. competitive position.
2
.
C. cash flow.
D. business entity.
,E. company image.
, cost management has moved from a traditional role of product costing
and operational control to a broader strategic focus, which places an
emphasis on:
A. competitive pricing.
B. domestic marketing.
3
.
C. short-term thinking.
D. strategic thinking.
E. independent judgment.
all of the following are examples of total quality management
practices except:
A. redesign of a product to reduce its parts by 50 percent.
B. reduction in the movement required in a manufacturing job.
4
.
C. separating the sales and services functions.
D. raising raw material quality standards.
E. cross-training assembly line workers to cover sick leave absences.
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