The Focus of Management Accounting Over Time Has Changed

question 63

Multiple Choice

The focus of management accounting over time has changed. Which is the correct historical order for the following foci?
i. Cost
ii. Profitability
iii. Resource management
iv. Waste reduction

• A) i, ii, iii and iv
• B) ii, iii, i and iv
• C) i, ii, iv and iii
• D) i, iii, iv and ii

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Definitions:

Active Coping

Strategies employed to tackle stressors head-on, typically involving problem solving and direct action.

Problem-Minimization Coping

A coping strategy that involves underestimating or downplaying the seriousness of a problem or stressor.

Situation-Minimization Coping

Situation-Minimization Coping involves strategies aimed at reducing the perceived impact or significance of a stressor or problem, often by downplaying or rationalizing its importance.

Competitive

Characterized by or showing a strong desire to be more successful than others in activities, sports, work, or any area of life.