When a company is decentralized, topmanagement will have little time to focus onlong-term strategy because they will be toofocused on managing day to day operations.TrueO FalseSelect all of the below that are advantages ofdecentralization.Decentralization allows companies toduplicate costs.Decentralization provides training.Decentralization improves customerand supplier relations.Decentralization improves motivationand retention.

1) This statement is FALSE Decentralization means transfer of Authority , Responsibility ,…

Answered: When a company is decentralized, top…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter9: Responsibility Accounting And Decentralization

Section: Chapter Questions

Problem 4MC: A key advantage of a decentralized organization is _________. A. increased administrative costs B....

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A key advantage of a decentralized organization is _________. A. increased administrative costs B. quicker decisions and response time C. the ease of aligning segment and company goals D. duplication of efforts
1. Customer profitability analysis allows managers to do which of the following? a. Identify the closest competitor. b. Sell to higher end customers. c. Manage each customer's costs-to-serve. d. Focus solely on service calls. 2. What is the focus of operational control? a. Long-term operating performance. b. The profitability of the company. c. The activities of company executives. d. Short-term operating performance. 3. The objectives of management control of the manager include: a. Cost, quality, and functionality. b. Management by objectives. c. Management by exception. d. Motivation, incentive, and fairness. 4. Cost allocation of costs for shared services in an organization is intended to remind managers of: a. The cost and value of using shared resources. b. How much capacity a firm has. c. Manufacturing cycle time. d. Variable costing income calculations. 5. The method for directly measuring the value of a firm's equity is: a. Market value. b. Sales multiple. c. Earnings-based…
How do functional structures improve a company? Multiple Choice O It allows for quicker decision making. Marketing typically won't happen without a specific department. Finance typically won't happen without a specific department. Specialization increases efficiency and effectiveness.
An example of a nonfinancial measure for customer satisfaction is: delivery delay employee turnover number of defects on the production line process yield none of the above could be customer satisfaction measures 2.Measures of the balanced scorecard's financial perspective might include all of the following EXCEPT: operating income customer satisfaction gross profit percentage cost reductions 3. Which of the following is NOT true of the balanced scorecard? Different strategies call for different scorecard measures. Successful implementation requires commitment and leadership from top management. Only objective measures should be used and subjective measures should be avoided. Cause and effect linkages are implied by the balanced scorecard, and even though they may not be precise, can and should evolve over time.
Why might relevant costs analysis be bad for a company if used too frequently? Multiple Choice It overemphasizes short-term goals and neglects long-term goals. It complicates the job of managers. It focuses too much on strategy and not enough on financial measures. It could lead to a permanent change in the production process of the company. It overemphasizes long-term goals and neglects short-term goals.
Which of the following are features of lean manufacturing? Yes or NO a. Maintaining excess inventory to ensure that products will always be available b. Cross-training of employees c. Giving employees additional authority and responsibility d. Product-oriented layout e. Increased setup time
What of the following is NOT a Benefit of Activity Based Management? a.It assists in the budgeting process. b.It aids management in cost cutting and/or cost control and inferentially in product profitability. c.It causes managers to identify non-value added activities and therefore encourages thinking of means of reducing such activities. d.Is more complex than traditional accounting system because it uses multiple cost application rates, one for each activity or cost pool.
To reduce the cost to deliver a product or service to consumers, a company must focus on operational efficiency. O sales mix. O competition. O location.
The purpose of internal control is to have proper control over business. Proper control means, the business will be able to _____________ Achieve maximum efficiency Produce more goods in more time Compromise on quality Compromise on quantity
Which of the following is not a criticism of using ROI as the only performance measure? 16 Multiple Cholce Ask It may Incentivize short-term decisions at the expense of long-term planning It may Incentivize employees to act in ways that are consistent with the overall goals and objectives of the organization. It may Incentlvize decistons that are effective at the divislon-level, but not necessartly at the enterprise-level It may be too rellant on subjective or arbitrary allocations of capital.
Knowing how costs behave to change in the level of activity is useful to management for all the following reasons except for: predicting customer demand. predicting profits as sales and production volumes change. estimating costs. changing an existing product production.
Provide 2 examples of situation where the use of ROI can lead to decisions which may harm the future competitiveness of a company.

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