Performance reports are unique in that they do not incorporate budgets and variance analysis.
Answer the following statement true (T) or false (F)
False
Actually, performance reports make heavy use of budgets and variance analysis.
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Cost accounting updates work-in-process accounts from
a. time cards b. the labor distribution summary c. job tickets d. personnel action forms
Which of the following groups generally is charged with creating value through the process of organizing, coordinating, and leveraging employees as well as other forms of capital such as plant, equipment, and financial capital?
A. stakeholders B. boards of directors C. managers D. unions
Explain differentiation strategies in general, and describe three such strategies in detail
Answer the following statement(s) true (T) or false (F)
1. Environmental analysis is a method managers use to gather information about external issues and trends 2. Environmental intelligence is the acquisition of information gained from analyzing the multiple environments affecting organizations 3. Legal environment include the structure, processes, and actions of of government at the local, state, national, and international levels 4. Competitive intelligence enables managers in companies of all sizes to make informed decisions in all areas of business 5. Stakeholder materiality is a method companies use to to prioritize the relevance of the stakeholders and their issues