Managerial Accounting Activity Comprises a Set of Tools, Systems and Perspectives

question 82

Multiple Choice

Managerial accounting activity comprises a set of tools, systems and perspectives that add value to an organization by supporting five major objectives. Which one of these is not a supporting objective?

• A) Provide information for decision making and planning.
• B) Assist managers in directing and controlling operational activities.
• C) Motivate managers and other employees toward the organization's goals.
• D) Assess an organization's competitive position and long-term managerial efforts .
• E) Focus on activities that occur at the top level of the organization.

Understand the use of biometrics for authentication purposes in organizational security.

Distinguish between trusted and untrusted networks and their relevance to organizational security.

Recognize the importance of secure transactions and the technologies that enable them, such as Transport Layer Security (TLS).

Understand the different types of disaster recovery sites and their roles in business continuity.

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Definitions:

Customer Margin

The profit margin attributed to a particular customer, calculated by subtracting the costs associated with serving that customer from the revenue generated.

Activity-based Costing

Activity-based costing is a more precise method of product costing that identifies activities in an organization and assigns the cost of each activity to all products and services according to the actual consumption.

Idle Capacity

The portion of a company's resources or production capability that is not currently being utilized to its full potential.

Activity-based Costing

Activity-based costing allocates overhead costs based on the specific activities that contribute to overhead in producing a product or service.