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Author Question: The approaches and activities of managers in short-run and long-run planning and control decisions ... (Read 104 times)

savannahhooper

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on: Mar 6, 2021

Question 1

Rules for measurement and reporting for management accounting ________.
◦ state that information must only be useful to management.
◦ do not need to follow GAAP but must meet the cost-benefit test.
◦ must follow GAAP.
◦ must follow GAAP, IRS rules or government standards.

Question 2

The approaches and activities of managers in short-run and long-run planning and control decisions that increase value for customers and lower costs of products and services are known as ________.
◦ value chain management
◦ enterprise resource planning
◦ cost management
◦ customer value management
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by savannahhooper on Mar 6, 2021

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Reply #1 on: Mar 6, 2021
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savannahhooper

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Reply 2 on: Mar 6, 2021
Wow, this really help

softEldritch

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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