Multiple Choice
Match the options below with the correct phrase:
-six sigma
A) a relationship of two numbers
B) income - expenses = profit or loss
C) a budget that always must be justified from "square one"
D) a formal investigation conducted to determine if financial documents are correct and consistent with the organization's policies, rules, and procedures
E) treats employees as assets
F) details how each financial responsibility center will manage its cash
G) provides estimates of revenues and expenses for a given period of time
H) assets = liabilities + stockholders' equity
I) each financial responsibility center's financial plan
J) an organizational unit that contributes costs, revenues, profits, or investments
K) involves selecting two critical figures from a financial statement and expressing their relationship as a ratio or percentage
L) a feedforward control technique that
M) a person responsible for planning and overseeing managment of all risks
N) a disciplined process that focuses on developing near-perfect products
O) cash flow statement
P) designed to measure and monitor specific aspects of an organization
Q) an inventory control system that matches purchasing with need
Correct Answer:

Verified
Correct Answer:
Verified
Q114: Often an employee can follow _ when
Q115: Examples of feedforward controls include _ controls.<br>A)therapeutic<br>B)backlash<br>C)diagnostic<br>D)prevention
Q116: Match the options below with the correct
Q117: Standards are either qualitative or quantitative measuring
Q118: The concept that measurements provided by the
Q120: A financial responsibility center is an organizational
Q121: The balance sheet is a financial statement
Q122: Controls can create general support as well
Q123: A highly disciplined process that helps companies
Q124: The objectives that eventually become the foundation