ACC 519 Cost-accounting CHAPTER 2 QUES 1 TO 46 MCQ

Jul 21st, 2016
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Question 1. In SWOT analysis, strengths and weaknesses are most easily identified by looking: A. At the firm as a potential customer. B. Inside the firm at its specific resources. C. At the firm's competition. D. At the firm's product. E. Outside the firm from a consultant's perspective. 2. In SWOT analysis, opportunities and threats are identified by: A. Consultation with middle management. B. Talking with the rank and file workers. C. Looking outside the firm. D. Brainstorming techniques. E. Reviewing our corporate strategy. 3. Which of the following does not represent a possible opportunity for a manufacturing firm as a part of SWOT analysis? A. Demographic trends. B. Technological advances in the industry. C. An efficient process developed by our firm for manufacturing a product. D. Changes in regulation of the industry. E. Changes in the economic environment facing all industries. 4. The balanced scorecard: A. Is not comprehensive, since it doesn't include all

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ACC 519 Cost-accounting CHAPTER 2 QUES 1 TO 46 MCQQuestion1. In SWOT analysis, strengths and weaknesses are most easily identified by looking:A. At the firm as a potential customer.B. Inside the firm at its specific resources.C. At the firm's competition.D. At the firm's product.E. Outside the firm from a consultant's perspective.2. In SWOT analysis, opportunities and threats are identified by:A. Consultation with middle management.B. Talking with the rank and file workers.C. Looking outside the firm.D. Brainstorming techniques.E. Reviewing our corporate strategy.3. Which of the following does not represent a possible opportunity for a manufacturing firm as apart of SWOT analysis?A. Demographic trends.B. Technological advances in the industry.C. An efficient process developed by our firm for manufacturing a product.D. Changes in regulation of the industry.E. Changes in the economic environment facing all industries.4. The balanced scorecard:A. Is not comprehensive, since it doesn't include all the CSFs which contribute to competitivesuccess.B. Helps focus managers' attention to bottom line profits.C. Is forward looking, stressing nonfinancial measures that can lead to benefits in the future.D. Fails to reflect environmental and social effects of the firm's operations.E. Is heavily weighted toward the financial critical success factors (CSFs).5. The balanced scorecard can be made more effective by developing it at a detail level so thatemployees:

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