LEARNING OBJECTIVES: COCM.HANS.18.1-2 - LO: 01.02
NATIONAL STANDARDS: United States - BUSPROG - Analytic
Chapter 1
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STATE STANDARDS: United States - v1 - ACBSP-APC-25 - Managerial Characteristics/Terminology
United States - v1 - AICPA-01 - BB-Industry
United States - v1 - IMA-11 - Strategic Planning
KEYWORDS: Bloom's - Understanding
NOTES: Time Estimate - 5 min.
DATE CREATED: 10/7/2016 9:25 AM
DATE MODIFIED: 10/7/2016 9:25 AM
QUESTION ID: JFND-GO33-GINU-1T1F
QUESTION GLOBAL ID: GCID-E7BW-1TBP-CTTU-Y3DF-GCHD-Q3DD-8Y41-4CUR-GRH1-43UR-GO4N-43UG-
GOHN-43JW-GAHU-1CTT-GIDI-GWN8-EPRW-EMMF-GTTU-Q3TU-GOHD-1PTW-
GYSU-OCDG-8YSU-R3UR-GOSS-N3BW-GOSU-KCTW-GBTG-RCTU-E7JI-YT4D-
JFNN-4OTI-GO4W-NQNBEE
81. Cost management information systems further competitive advantage by supporting three fundamental organizational
goals. Which of the following is NOT one of these fundamental organizational goals that further competitive advantage?
a. improved time-based performance
b. improved quality of products and services
c. maximizing shareholder value
d. improved efficiency
ANSWER: c
POINTS: 1
DIFFICULTY: Moderate
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: COCM.HANS.18.1-2 - LO: 01.02
NATIONAL STANDARDS: United States - BUSPROG - Analytic
STATE STANDARDS: United States - v1 - ACBSP-APC-26 - Management Functions
United States - v1 - AICPA-10 - FN-Measurement
United States - v1 - IMA-08 - Information Management
KEYWORDS: Bloom's - Understanding
NOTES: Time Estimate - 5 min.
DATE CREATED: 10/7/2016 9:25 AM
DATE MODIFIED: 10/7/2016 9:25 AM
QUESTION ID: JFND-GO33-GINU-1T1R
QUESTION GLOBAL ID: GCID-E7BW-1TBP-CTTU-Y3DF-GCHD-Q3DD-8Y41-4CUR-GRH1-43UR-GO4N-43UG-
GOHN-43JW-GAHU-1CTT-GIDI-GWN8-EPRW-EMJO-GC5D-GCJW-GW5G-E3T1-
GRSU-ECJA-CRSU-QQJ1-GOSS-KPBU-CWSU-YPBT-GC3D-CCTZ-E7JI-YT4D-JFNN-
4OTI-GO4W-NQNBEE
82. Which of the following best describes sustainable development?
a. It is defined as development that meets the needs of the present without compromising the ability of future
generations to meet their own needs.
b. It is defined as development that is designed to assign costs to individual products and services and other
objects as specified by management.
c. It is defined as development that is designed to provide accurate and timely feedback concerning the
performance of managers and others relative to their planning and control of activities.
Chapter 1
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d. It is defined as development that is primarily concerned with producing outputs for internal users using inputs
and processes needed to satisfy management objectives.
ANSWER: a
POINTS: 1
DIFFICULTY: Moderate
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: COCM.HANS.18.1-2 - LO: 01.02
NATIONAL STANDARDS: United States - BUSPROG - Analytic
STATE STANDARDS: United States - v1 - ACBSP-APC-25 - Managerial Characteristics/Terminology
United States - v1 - AICPA-06 - BB-Resource Management
United States - v1 - IMA-11 - Strategic Planning
KEYWORDS: Bloom's - Understanding
NOTES: Time Estimate - 5 min.
DATE CREATED: 12/29/2016 11:43 PM
DATE MODIFIED: 1/3/2017 1:00 AM
QUESTION ID: JFND-GO33-GFNU-GTJZ
QUESTION GLOBAL ID: GCID-E7BW-1TBP-CTTU-Y3DF-GCHD-Q3DD-8Y41-4CUR-GRH1-43UR-GO4N-43UG-
GOHN-43JW-GAHU-1CTT-GIDI-GWN8-EPRW-EMJ3-COAG-RATI-GAAD-RQJT-
CWSU-EA3A-8YSS-EA3O-GOSU-OATA-GWSS-GP3U-8YAG-CAJI-E7JI-YT4D-JFNN-
4OTI-GO4W-NQNBEE
83. Which of the following statements is NOT true about world-class firms?
a. World-class firms are firms that are poor in customer support.
b. World-class firms know their market and their products.
c. World-class firms strive continually to improve product design, manufacture, and delivery.
d. World-class firms can compete with the best of the best in a global environment.
ANSWER: a
POINTS: 1
DIFFICULTY: Moderate
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: COCM.HANS.18.1-2 - LO: 01.02
NATIONAL STANDARDS: United States - BUSPROG - Analytic
STATE STANDARDS: United States - v1 - ACBSP-APC-25 - Managerial Characteristics/Terminology
United States - v1 - AICPA-01 - BB-Industry
United States - v1 - IMA-11 - Strategic Planning
KEYWORDS: Bloom's - Understanding
NOTES: Time Estimate - 5 min.
DATE CREATED: 10/7/2016 9:25 AM
DATE MODIFIED: 10/7/2016 9:25 AM
QUESTION ID: JFND-GO33-GINU-1T1D
QUESTION GLOBAL ID: GCID-E7BW-1TBP-CTTU-Y3DF-GCHD-Q3DD-8Y41-4CUR-GRH1-43UR-GO4N-43UG-