Beginning inventory.

 Cost of goods sold.

 Ending inventory.

 Gross profit.

 Work-in-process.

 Quality.

 Dealer and distributor efficiency and effectiveness.

 Timeliness of delivery.

 Customer satisfaction.

 Structural cost driver.

 Executional cost driver.

 Volume-Based cost driver.

 Differential cost driver.

 Activity-Based cost driver.

 A set of policies, procedures, and approaches to business that will result in long-term success.

 A focus on accurate financial data, thus allowing the firm to effectively compete in any environment.

 A focus on long-term nonfinancial information that will provide the company with versatile management techniques capable of being used in a wide variety of situations.

 A clear, concise mission statement, naming every product and outlining the company’s long-term goals of success.

 An audit committee.

 Human resources guidelines.

 A code of ethics.

 A management compensation plan.

 International Organization for Standardization.

 Malcolm Baldrige National Quality Program.

 Global Reporting Initiative.

 World Resources Institute.

 American Institute of Certified Public Accountants.

 Average cost.

 Controllable cost.

 Variable cost.

 Unit cost.

 The balanced scorecard

 Business intelligence

 The value chain

 The strategy map

 SWOT analysis

 Make profit for any extended period.

 Increase sales above previous year(s).

 Develop policies to enhance customer profitability.

 Improve productivity in selected product areas.

 Monitor progress toward achieving strategic goals.

 Total quality management

 Lean accounting

 The theory of constraints

 Enterprise sustainability

 Enterprise risk management