Can any one help!!!!! I have 30mins left
I only have 45 mins. left
Neo these are the questions
The five stages in the process of keeping an organization in control are: (Points: 2)planning, implementing, measuring, evaluating and correcting planning, executing, monitoring, evaluating and correcting budgeting, implementing, monitoring, evaluation and feedback budgeting, executing, measuring, feedback and evaluation 2.
After conducting a market research study, Schultz Manufacturing decided to produce a new interior door to complement its exterior door line. It is estimated that the new interior door can be sold at a target price of $60. The annual target sales volume for interior doors is 20,000. Schultz has a 20% expected return on sales target.
What are target sales revenues? (Points: 2)$960,000 $2,000,000 $1,200,000 None of the above is correct. 3. Successful implementation of the Balanced Scorecard: (Points: 2)may be completed by one important member of the senior management team, such as the chief financial officer involves everyone in the organization knowing and understanding the strategy should not begin until data are collected for all scorecard measures starts with a process to acquire a new data collection system 4. The characteristic of a management accounting and control system that means the language used and the technical methods applied do not conflict within various parts of the organization is referred to as being: (Points: 2)in control accurate consistent Kaizen 5. Facilities layout and just-in-time manufacturing help reduce costs incurred during the: (Points: 2)research, development, and engineering cycle manufacturing cycle post-sale service and disposal cycle operating cycle 6. One goal of ________ is to design costs out of products in the research, development, and engineering stage. (Points: 2)cost-plus pricing target costing Kaizen costing traditional costing 7. ________ starts with estimated product costs and next determines the estimated selling price. (Points: 2)Standard costing Target costing Kaizen costing Traditional costing 8. ________ starts with estimated product costs and next adds the expected profit margin. (Points: 2)Cost-plus pricing Target costing Kaizen costing Standard costing 9. Target costing differs from traditional costing in all of the following ways EXCEPT: (Points: 2)target costing collects market research continually throughout the target costing process rather than as a single event target costing uses the total-life-cycle concept to minimize ownership costs traditional costing spends less time on product specification and design traditional costing uses cross-functional teams to guide the process 10. Use the information below to answer the following question(s). After conducting a market research study, Schultz Manufacturing decided to produce a new interior door to complement its exterior door line. It is estimated that the new interior door can be sold at a target price of $60. The annual target sales volume for interior doors is 20,000. Schultz has a 20% expected return on sales target. What are target sales revenues? (Points: 2)$960,000 $2,000,000 $1,200,000 None of these is correct. 11. All of the following are associated with Kaizen costing EXCEPT: (Points: 2)target reduction rate supply-chain management cost reductions during manufacturing small monthly cost reductions 12. Benchmarking partners: (Points: 2)have to be of equal size are most likely to be industry leaders have to be within the same industry have to trust each other 13. Which of the following statements is NOT true of the Balanced Scorecard? (Points: 2)Different strategies call for different scorecards. Successful implementation requires commitment and leadership from top management. Only objective financial measures should be used, and subjective nonfinancial measures should be avoided. Cause-and-effect linkages may not be precise and should evolve over time. 14. Use the information below to answer the following question(s). Stewart Corporation plans to grow by offering a sound system, the SS3000, which is superior and unique from the competition. Stewart believes that putting additional resources into R&D and staying ahead of the competition with technological innovations is critical to implementing its strategy. Stewart's value proposition is: (Points: 2)product innovation and leadership best total cost complete customer solutions employees recognizing customer needs 15. ________ establish the level of performance or rate of improvement required for a measure. (Points: 2)Critical success factors The value proposition The Balanced Scorecard Targets 16. Identify the BEST description of the Balanced Scorecard's internal perspective. To achieve our firm's vision and strategy: (Points: 2)How do we lower costs? How do we motivate employees? How can we obtain greater profits? What must we excel at to satisfy our customers and shareholders? 17. All of the following questions relate to the Balanced Scorecard's learning and growth perspective EXCEPT: (Points: 2)How do we achieve greater employee satisfaction? How do we increase profits and return on capital? How do we provide information systems with updated technology? How will we sustain our ability to change and improve? 18. Manufacturing cycle efficiency is an example of a Balanced Scorecard measure of the: (Points: 2)internal perspective customer perspective learning and growth perspective financial perspective 19. Key performance indicator cards: (Points: 2)lead to local but not global or strategic improvements include only financial measures are organized into ten perspectives measure only a single Balanced Scorecard perspective 20. To become a strategy-focused organization: (Points: 2)monthly management meetings should focus on variances between performance and what was planned the budgeting process must protect long-term initiatives from the pressures to deliver short-term performance scorecards and priorities should be updated annually when preparing next year's budget All of these are correct.