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Match the items in the two columns below by entering the appropriate code letter in the space provided.
A. Managerial accounting F. Work in process inventory
B. Financial accounting G. Direct materials
C. Planning H. Manufacturing overhead
D. Directing I. Period costs
E. Controlling J. Value chain
_____ 1. The cost of products that are partially complete.
_____ 2. The function of keeping activities in accordance with plans.
_____ 3. Primarily concerned with internal users and reports pertain to subunits of the entity.
_____ 4. Materials that can be physically and directly associated with manufacturing a product.
_____ 5. The function of setting goals and objectives.
_____ 6. Indirect costs of manufacturing a product.
_____ 7. Primarily concerned with external users and reports pertain to the entity as a whole.
_____ 8. Costs that are noninventoriable.
_____ 9. All activities associated with providing a product or service.
_____ 10. The function of coordinating diverse activities to produce a smooth-running operation.
Leadership Warrants
The justifications or reasons that validate someone assuming a leadership role, often based on skills, experiences, and the ability to inspire others.
Charismatic Leader
A leadership style characterized by an individual's ability to inspire and motivate others through their personal charm and persuasive communication.
Subjective Perceptions
Individual interpretations or views of situations, events, or stimuli, influenced by personal beliefs, feelings, and experiences.
Emotional Intelligence
The capacity to be aware of, control, and express one's emotions, and to handle interpersonal relationships judiciously and empathetically.
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