COST ACCOUNTING CHAPTER 2
MULTIPLE CHOICE QUESTIONS AND
CORRECT ANSWERS 2025-2026 LATEST
EDITION (ALL GRADED A+).
SWOT analysis is a useful tool for
A) evaluating the performance of an organization.
B) identifying the organization's critical success factors.
C) developing the organization's strategy map.
D) developing the organization's value chain. - ANS -B) identifying the organization's critical
success factors.
The following strategy implementation technique can be particularly enhanced by using
benchmarking, as for example, participating in the Malcolm Baldrige National Quality Award
program:
A) the value chain.
B) the balanced scorecard (BSC).
, C) the strategy map.
D) execution. - ANS -D) execution.
The balanced scorecard is related to the strategy map in a way similar to how
A) the value chain is related to product differentiation.
B) SWOT analysis is related to execution.
C) the organization's key activities are related to the value chain.
D) sustainability can be related to financial reporting. - ANS -C) the organization's key activities
are related to the value chain.
A company taking a strategic and customer-centered point of view can best address
sustainability, a concern for environmental and social as well as economic performance, through
A) annual financial reporting to the Securities and Exchange Commission.
B) the use of a sustainability perspective in the balanced scorecard.
C) reporting violations of a company's human resources policy to the proper authorities.
D) lobbying in Congress for stronger environmental regulations. - ANS -B) the use of a
sustainability perspective in the balanced scorecard.
MULTIPLE CHOICE QUESTIONS AND
CORRECT ANSWERS 2025-2026 LATEST
EDITION (ALL GRADED A+).
SWOT analysis is a useful tool for
A) evaluating the performance of an organization.
B) identifying the organization's critical success factors.
C) developing the organization's strategy map.
D) developing the organization's value chain. - ANS -B) identifying the organization's critical
success factors.
The following strategy implementation technique can be particularly enhanced by using
benchmarking, as for example, participating in the Malcolm Baldrige National Quality Award
program:
A) the value chain.
B) the balanced scorecard (BSC).
, C) the strategy map.
D) execution. - ANS -D) execution.
The balanced scorecard is related to the strategy map in a way similar to how
A) the value chain is related to product differentiation.
B) SWOT analysis is related to execution.
C) the organization's key activities are related to the value chain.
D) sustainability can be related to financial reporting. - ANS -C) the organization's key activities
are related to the value chain.
A company taking a strategic and customer-centered point of view can best address
sustainability, a concern for environmental and social as well as economic performance, through
A) annual financial reporting to the Securities and Exchange Commission.
B) the use of a sustainability perspective in the balanced scorecard.
C) reporting violations of a company's human resources policy to the proper authorities.
D) lobbying in Congress for stronger environmental regulations. - ANS -B) the use of a
sustainability perspective in the balanced scorecard.
