Accounting for Decision
Making and Control, 10th
Edition by Zimmerman
I said of activities that transform lol resources in the goods and services is the
_______chain - answer-Value
Value chain is not comprise activities from ______ - answer-Administration
The companies from which firms by resources form the _______ ______ for the firm -
answer-Supply chain
Or call Steve formation to add than it should______ - answer-Improve management
decisions
They receive timely
Which of the following must understand how information can, and will be used to
increase value - answer-Both providers and users of information
Which type of accounting focuses on the value chain - answer-Cost
He said of activities that transforms raw resources into goods and services is called the
blank blank - answer-Value chain
Internal users _______ - answer-Use cost accounting information
The value added activities at the firms in the chain perform are those that
______perceive as adding utility to the goods and services they purchase - answer-
Customers
Information is on for decision-makers, who are not directly involved in the daily
management of the firm is called _____accounting - answer-Financial
Which of the following is not part of a firms distribution chain? - answer-employees
The value of Cost information depends on whether the information ______ - answer-
Improves managers decisions
, Cost of accounting is concerned with - answer-The different stages of the value chain
How the individual stages contribute to value
In order for a decision maker, to be able to decide whether to invest in Costco or Sam's
Club it is important for financial accounting information to be - answer-Comparable
Financial accounting information is primarily used by_____ - answer-Investors,
creditors, and government agencies
The users of blank accounting information are often external to the firm - answer-
Financial
The important criterian of cost accounting information is that the information is - answer-
Relevant
The companies from which firms buy resources form the ______\ _______for the firm -
answer-Supply chain
Financial accounting services on all of the following, except - answer-Decision
relevance
For cost information to add value it should______ - answer-Improve managers,
decisions, and very same time I
Financial data prepared for financial accounting is governed by ______in the US and
______and many other countries - answer-GAAP (generally excepted accounting
principles,) and IFRS ( international financial reporting standards)
An important characteristic of financial accounting, is that the information be
______across a different companies - answer-Comparable
Cost data for manageral use within the organization______ - answer-Is defined by
management
Focuses on future cost
Is not designed for shareholders
Internal users ______ - answer-Include managers
Use cost accounting information
Cost acccounting information is designed for - answer-Managers
Cost accounting focus and focuses on all the following except - answer-Comparability