Deeply ingrained assumptions, generalizations, and images are referred to as:
A)
personal mastery.
B)
mental models.
C)
team learning.
D)
systems thinking.
B
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Managerial accounting is different from financial accounting in that:
A. Managerial accounting never includes nonmonetary information. B. Managerial accounting includes many projections and estimates whereas financial accounting has a minimum of predictions. C. Managerial accounting is mainly used to set stock prices. D. Managerial accounting is more focused on the organization as a whole and financial accounting is more focused on subdivisions of the organization. E. Managerial accounting is used extensively by investors, whereas financial accounting is used only by creditors.
You work for a medium-sized firm that relies upon a small version of a mainframe that is networked with the firm’s desktop personal computers. This is what is known as a/an:
a. mainframe b. microcomputer c. server d. minicomputer e. client/server configuration
An example of an industry where there is inadequate capacity is ______.
a. the furniture industry b. the retail industry c. the pharmaceutical industry d. the oil-refining industry
How is the current ratio calculated? What is its significance in analyzing financial statements?
What will be an ideal response?