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Question GB519 Final Exam 1.When managers produce value for the customer, their orientation consist

Question GB519 Final Exam 1.When managers produce value for the customer, their orientation consist

Question

GB519 Final Exam

1.When managers produce value for the customer, their orientation consists of all the following except: (Points : 2)

 Quality and Service.
 Timeliness of delivery.
 The ability to respond to the customer’s desire for specific features.
 State of the art manufacturing facilities.

Question 2. 2.Important changes in the contemporary business environments include all of the following except: (Points : 2)

 Management organizations.
 Climate change.
 Information technology.
 Customer expectations.

Question 3. 3.Which of the following contemporary management techniques requires a balancing of multiple goals? (Points : 2)

 Target costing.
 The theory of constraints.
 Benchmarking.
 Business process improvement.
 Enterprise sustainability.

Question 4. 4.Over the past several years it has become increasingly important for firms to improve achievement towards their social and environmental responsibilities. What is the best way the management accountant can help the firm improve on sustainability? (Points : 2)

 Participate in programs of environmental organizations.
 Develop and implement a legal staff and public relations staff for dealing with sustainability issues that may affect the firm.
 Develop and implement a sustainability scorecard.
 Risk management.

Question 5. 5.The five steps of strategic decision making include all of the following except: (Points : 2)

 Based on strategy and analysis, choose and implement the desired alternative.
 Identify the alternative actions.
 Determine the strategic issues surrounding the problem.
 Select the proper cost management technique.
 Provide an ongoing evaluation of the effectiveness of the decision.

Question 6. 6.Factory overhead costs for a given period were 3 times as much as the direct material costs. Prime costs totaled $2,000. Conversion costs totaled $3,280. What are the direct labor costs for the period? (Points : 2)

 $1,220.
 $1,360.
 $1,410.
 $1,540.

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