For each office or business segment, indicate which type of Responsibility Center it is: a. Quality control department for a golf ball manufacturer b. Consulting department of an accounting firm c. A retail location, such as the Apple Store d. The sales department at an car dealership e. Maintenance department of a luxury resort ["", "", "", "", "", ""]

For each office or business segment, indicate which type of Responsibility Center it is: a. Quality control department for a golf ball manufacturer b. Consulting department of an accounting firm c. A retail location, such as the Apple Store d. The sales department at an car dealership e. Maintenance department of a luxury resort ["", "", "", "", "", ""]

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter1: Introduction To Managerial Accounting

Section: Chapter Questions

Problem 4TIF: For each of the following managers, describe how managerial accounting could be used to satisfy...

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Similar questions

For each of the following managers, describe how managerial accounting could be used to satisfy strategic or operational objectives: a. The vice president of the Information Systems Division of a bank. b. A hospital administrator. c. The chief executive officer of a food company. The food company is divided into three divisions: Nonalcoholic Beverages, Snack Foods, and Fast-Food Restaurants. d. The manager of the local campus copy shop.
1. Responsibility Centers Indicate how each of the business situations below is most likely to be organized: cost center (CC), revenue center (RC), profit center (PC), or investment center (IC) A. The assembly department of Toyota Motors Corporation. B. The Ayala Mall car park ticket outlets. C. The Magnolia product division of San Miguel Corporation. D. The accounting department of SM Malls. E. The Project 8 branch of Starbucks Coffee. F. The College of Accountancy of the España University. G. The parts department of Suzuki Motors Corporation. H. The convenience store (Mini-Stop) that is owned by a chain organization; the head office supplies all the goods to be sold and determines the selling prices.
____________________emphasizes detailed segment reports about departments, customers, products, and customers.
Identify the following users as either External users or Internal users. a. Distribution managers b. Marketing managers C. Suppliers d. Labor unions e. Internal auditors f. Budget officers g. Shareholders h. Chief executive officer (CEO) i. Chief financial officer (CFO) i. Government officials k. Customers L. Nonprofit donor
Which one of the following is not an example of a support department? Select one: a. Human resources b. Fabricating c. Information technology d. General factory
An individual who works with and through other people by coordinating their work activities in order to accomplish organizational goals is __. a. a salesperson b. an assembly line worker c. a managerd. a laborer
Distinguish between a service department and a production department. Give an example of the counterpart of a manufacturer’s “production” departmentin a bank.
When you look at the organizational structure of ABC Inc., you notice that the Marketing department is divided into communications, event planning, marketing, and web content. You also see that the Accounting department has separate units for accounts payable and accounts receivable. ABC Inc. uses ________ departmentalization. Question 9 options: A) product B) geographic C) functional D) customer E) process
Computer controlled machining system is an example about which of the following primary activities of a firm value chain? a. Outbound logistics b. Service c. Operations d. Sales _______ is one of the basic business functions: a. Sales. b. Suppliers. c. Customers. d. CRM.
For the following activities, explain which of the objectives of managerial accounting activity is involved. In some cases, several objectives may be involved. Developing a bonus reward system for the managers of the various offices of the AAA (American Automobile Association) Travel Agency.
The manager in charge of the accounting department is usually known as the _______________________
Which of the following activities would use number of customer orders as an activity base? A. Order shipping B. Invoicing & collecting C. Customer return processing D. Both A & B