Match the following terms to the appropriate statement by placing the letter to the left of each statement.
a. | Balanced Scorecard | g. | Generally Accepted Accounting Principles |
c. | Controlling | h. | Just-in-time inventory |
d. | Enterprise Resource Planning (ERP) | i. | Long-term planning |
e. | Ethical behavior | j. | Managerial accounting |
f. | Evaluating | k. | Short-term planning |
______ | 1 | .Based on a set of core values that are meant to guide employees' behavior. |
______ | 2 | .Task managers use to assess how well employees have performed relative |
______ | 3 | .Rules that govern how transactions are valued and recorded and how |
| information about them is presented. |
______ | 4 | .The generation of relevant information and analysis to support managers' |
| decision-making activities. |
______ | 5 | .A tool that managerial accountants have developed to assist in monitoring |
| organizational performance. |
______ | 6 | .A system to accumulate data and provide information to decisions makers |
| on a company-wide basis. |
______ | 7 | .Also referred to as strategic planning. |
______ | 8 | .A network of facilities that procure raw materials, transform them into |
| goods and then into final products, and deliver the final products |
| to customers through a distributions system. |
______ | 9 | .The monitoring of day-to-day operations to identify any problems that |
| require corrective action. |
______ | 10 | .Knowing right from wrong and conducting oneself accordingly. |
______ | 11 | .A strategy that focuses on reducing waste and inefficiency by ordering |
| inventory items so that they arrive just when they are needed. |
______ | 12 | .Also referred to as operational planning. |