Question 1

The statement concerning the theory of constraints (TOC) that is not true is:

Accepted Answer

A)  The theory is only relevant to a small number of businesses 
B)  It centres on identifying bottlenecks in the organisation 
C)  Constraints can be on the demand or supply side 
D)  None of the statements is untrue, i.e. all are true statements 
A)  The theory is only relevant to a small number of businesses 
B)  It centres on identifying bottlenecks in the organisation 
C)  Constraints can be on the demand or supply side 
D)  None of the statements is untrue, i.e. all are true statements

Question 2

The originator of the total quality management (TQM) approach was an American, W. Edwards Deming.

Accepted Answer

A) True 
 B)False

Question 3

Under a value chain approach to quality management, product inspections are an example of which category of quality costs?

Accepted Answer

A)  Appraisal activities 
B)  Internal activities 
C)  Prevention activities 
D)  External activities 
A)  Appraisal activities 
B)  Internal activities 
C)  Prevention activities 
D)  External activities

Question 4

A just-in-time system reduces costs in all of these ways, except:

Accepted Answer

A)  maximising the use of space 
B)  reducing defect rates 
C)  reducing the range of products produced 
D)  enhancing manufacturing flexibility 
A)  maximising the use of space 
B)  reducing defect rates 
C)  reducing the range of products produced 
D)  enhancing manufacturing flexibility

Question 5

A limitation of the theory of constraints and throughput costing is that:

Accepted Answer

A)  Management's attention is too focused on long-term results 
B)  Labour and overhead costs may be built up to excessive levels 
C)  Any product mix changes would not generate immediate cash flow effects 
D)  a and b are limitations 
A)  Management's attention is too focused on long-term results 
B)  Labour and overhead costs may be built up to excessive levels 
C)  Any product mix changes would not generate immediate cash flow effects 
D)  a and b are limitations

Question 6

Activities performed under a value chain approach to quality management, to insure defect-free production, such as routine equipment maintenance or quality training, represent which category of quality costs?

Accepted Answer

A)  External activities 
B)  Internal activities 
C)  Prevention activities 
D)  Appraisal activities 
A)  External activities 
B)  Internal activities 
C)  Prevention activities 
D)  Appraisal activities

The statement concerning the theory of constraints (TOC) that is not true is:

The originator of the total quality management (TQM) approach was an American, W. Edwards Deming.

Under a value chain approach to quality management, product inspections are an example of which category of quality costs?

A just-in-time system reduces costs in all of these ways, except:

A limitation of the theory of constraints and throughput costing is that:

Activities performed under a value chain approach to quality management, to insure defect-free production, such as routine equipment maintenance or quality training, represent which category of quality costs?

The Role of Accounting Information in Management Decision Making

Cost Concepts, Behaviour and Estimation

A Costing Framework and Cost Allocation

Cost-Volume-Profit Cvp Analysis

Job Costing Systems

Process Costing Systems

Absorption, Variable and Throughput Costing

Activity Analysis: Costing and Management

Relevant Costs for Decision Making

Standard Costs, Flexible Budgets and Variance Analysis

Operational Budgets

Strategy and Control

Planning and Budgeting for Strategic Success

Capital Budgeting and Strategic Investment Decisions

The Strategic Management of Costs and Revenues

Responsibility Accounting, Performance Evaluation and Transfer Pricing

The Balanced Scorecard and Strategy Maps

Rewards, Incentives and Risk Management

Sustainability Management Accounting

Filters

Exam 16: Strategic Management Control: a Lean Perspective

The statement concerning the theory of constraints (TOC) that is not true is:

The originator of the total quality management (TQM) approach was an American, W. Edwards Deming.

Under a value chain approach to quality management, product inspections are an example of which category of quality costs?

A just-in-time system reduces costs in all of these ways, except:

A limitation of the theory of constraints and throughput costing is that:

Activities performed under a value chain approach to quality management, to insure defect-free production, such as routine equipment maintenance or quality training, represent which category of quality costs?

The Role of Accounting Information in Management Decision Making

Cost Concepts, Behaviour and Estimation

A Costing Framework and Cost Allocation

Cost-Volume-Profit Cvp Analysis

Job Costing Systems

Process Costing Systems

Absorption, Variable and Throughput Costing

Activity Analysis: Costing and Management

Relevant Costs for Decision Making

Standard Costs, Flexible Budgets and Variance Analysis

Operational Budgets

Strategy and Control

Planning and Budgeting for Strategic Success

Capital Budgeting and Strategic Investment Decisions

The Strategic Management of Costs and Revenues

Responsibility Accounting, Performance Evaluation and Transfer Pricing

The Balanced Scorecard and Strategy Maps

Rewards, Incentives and Risk Management

Sustainability Management Accounting

Filters