Question

A number of terms are provided.

timely	management accounting
ethical guidelines	​cost-benefit
technical	control
value chain	reliable
corporate social responsibility	strategy

Use the terms from the list to complete the following​ sentences:

1.	Management of​ activities, businesses, or functional​ areas, which managers oversee and coordinate within the​ organization, requires​ _______ and​ ______ information.
2.	The​ _______ considerations help managers make wise economic decisions by providing them with the desired information in an appropriate format and at the preferred frequency.
3.	​_______ comprises taking actions that implement the planning​ decisions, deciding how to evaluate​ performance, and providing feedback to learn how to improve future decisions.
4.	Many professional accounting organizations issue​ _______ to help their members reason through an appropriate response to an ethical issue.
5.	​_______ measures,​ analyzes, and reports financial and nonfinancial information to internal managers who use it to​ choose, communicate, and implement strategy and operational changes.
6.	The​ _______ approach should be used to make​ resource-allocation decisions. Resources should be spent if the expected benefits to the company exceed the expected costs.
7.	​_______ specifies how an organization matches its own capabilities with the opportunities in the marketplace to accomplish its objectives.
8.	​_______ is the sequence of business functions in which customer usefulness is added to products or services.
9.	​_______ is the voluntary integration by companies of social and environmental concerns into their business operation.

​1) Management of​ activities, businesses, or functional​ areas, which managers oversee and coordinate within the​ organization, requires

▼  information.

Answer 1

Ans .

1. Timely and Reliable

2. Management accounting

3. Control

4.Ethical guidelines

5. Management Accounting

6. Cost benefit

7. Strategy

8. Value chain

9. Corporate social responsibility