All of the Following Are Key Developments That Have Helped

question 31

Multiple Choice

All of the following are key developments that have helped reshape the discipline of managerial accounting except:

• A)the convergence of U.S.GAAP with IFRS
• B)global strategies
• C)total quality management
• D)integrated information systems

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Definitions:

Delivery Vehicle

A category of fixed assets that refers to transportation equipment used by a business for the purpose of delivering goods or services.

Book Value

The net value of a company's assets found on its balance sheet, calculated as total assets minus intangible assets and liabilities.

Sale

A sale involves the transaction of goods or services from seller to buyer in exchange for money or other compensation.

Asset

An asset held or managed by a person, business, or nation, anticipated to yield future advantages.