Match the Options Below with the Correct Phrase

question 34

Multiple Choice

Match the options below with the correct phrase:
-financial responsibility center

• A)a relationship of two numbers
• B)income - expenses = profit or loss
• C)a budget that always must be justified from "square one"
• D)a formal investigation conducted to determine if financial documents are correct and consistent with the organization's policies, rules, and procedures
• E)treats employees as assets
• F)details how each financial responsibility center will manage its cash
• G)provides estimates of revenues and expenses for a given period of time
• H)assets = liabilities + stockholders' equity
• I)each financial responsibility center's financial plan
• J)an organizational unit that contributes costs, revenues, profits, or investments
• K)involves selecting two critical figures from a financial statement and expressing their relationship as a ratio or percentage
• L)a feedforward control technique that
• M)a person responsible for planning and overseeing managment of all risks
• N)a disciplined process that focuses on developing near-perfect products
• O)cash flow statement
• P)designed to measure and monitor specific aspects of an organization
• Q)an inventory control system that matches purchasing with need

---

Definitions:

Informed

Having or provided with knowledge or information as a basis for decisions.

Dodge Brothers

Historical figures known for their role in the early automotive industry, particularly for founding the Dodge Brothers Company.

General Motors

An American multinational corporation that designs, manufactures, markets, and distributes vehicles and vehicle parts.