Which Item Is a Guideline Used by Management Accountants to Assist

question 178

Multiple Choice

Which item is a guideline used by management accountants to assist in strategic and operational decision making?

• A)All are guidelines
• B)Cost-benefit approach
• C)Different costs for different purposes
• D)Behavioural and technical considerations

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Definitions:

Employee Empowerment

The practice of giving employees the authority, resources, and capability to manage their own work and make decisions in their areas of operation.

Escape

In a business or organizational context, it refers to the strategy or act of avoiding a particular situation or responsibility.

Force Change

Implementing changes through the use of power, authority, or influence, often without seeking consensus or agreement.

Self-Directed Work Teams

Groups of employees who manage their own tasks and responsibilities without traditional managerial supervision, usually aimed at improving efficiency and job satisfaction.