A Proper Role for Accounting in Terms of Managing and Controlling

question 20

Multiple Choice

A proper role for accounting in terms of managing and controlling quality is all of the following except:

• A)Providing management with relevant financial information for decisions related to quality-oriented initiatives.
• B)Providing management with relevant nonfinancial information for decisions related to quality-related initiatives.
• C)Specifying quality-related goals and objectives for the organization.
• D)Indentifying operational constraints.
• E)Participating in the development of Six Sigma quality-related goals.

Identify factors influencing the supply's level in an organization.

Describe the objectives of supply to balance material flow and inventory investment.

Realize the importance of supply-operations coordination for operational excellence.

Understand the impact of the supply chain on a company's competitive position and how it can contribute to mergers, acquisitions, and divestitures.

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Definitions:

Decentralized

Pertains to the distribution of functions, powers, people, or things away from a central location or authority.

Management Structure

The organizational framework that outlines the hierarchy of authority and responsibility within a company.

Organic

Often used to describe farming practices that avoid the use of synthetic fertilizers and pesticides, or organizations and systems that are flexible and adapt to changes naturally.

Mechanistic

Characterizes an organizational structure that is highly bureaucratic, with strict rules, procedures, and a clear hierarchy, focusing on efficiency and predictability.