Examlex
Match the person or term with the with the correct description.
-Thomas Edison
Performance Measurement Systems
Systems used by the management of a company to assess how well employees or units within a company meet the company’s goals and objectives.
FASB
The Financial Accounting Standards Board, an organization responsible for establishing and improving financial accounting and reporting standards in the U.S.
Managerial Accounting
The branch of accounting that uses both historical and estimated data in providing information that management uses in conducting daily operations, in planning future operations, and in developing overall business strategies.
Strategic Decisions
Choice made by an organization's top management on long-term goals and policies, usually involving resources allocation and efforts to achieve competitive advantage.
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