Akuntansi Biaya Pertemuan 1

What is the primary purpose of management accounting?

• To report financial information to external parties

• To help managers make decisions to fulfill organizational goals

• To prepare financial statements in accordance with GAAP

• To evaluate a company's performance for investors

Which of the following is a key focus of financial accounting?

• Cost management strategies

• Future-oriented decision making

• Internal measures and reports

• Communicating financial position to external users

What does the value chain consist of?

• Cost analysis and budgeting

• Only production and marketing

• Financial reporting and auditing

• Research and Development, Design, Production, Marketing, Distribution, Customer Service

What is the first step in the five-step decision-making process?

• Implement the decision

• Identify the problem/uncertainties

• Obtain information

• Make predictions about the future

Which of the following is NOT a guideline for management accountants?

• Use of alternative cost comparisons

• Strict adherence to GAAP

• Behavioral and technical considerations

• Cost-benefit approach

What is the role of Customer Relationship Management (CRM)?

• To prepare budgets for the organization

• To manage financial reporting

• To integrate people and technology in business functions

• To analyze cost management strategies

What does strategic cost management focus on?

• Preparing financial statements

• Cost management that specifically focuses on strategic issues

• Reducing costs at all levels

• Evaluating past performance

Which of the following is a key success factor for companies?

• Ignoring customer feedback

• Limited product offerings

• High employee turnover

• Cost and efficiency

What does the Sarbanes-Oxley Act focus on?

• Increasing customer service efficiency

• Reducing production costs

• Enhancing marketing strategies

• Improving internal controls and corporate governance

What is the main difference between line management and staff management?

• Line management provides advice, while staff management achieves goals

• Line management is responsible for achieving organizational goals, while staff management provides support

• Staff management is more important than line management

• Line management focuses on external reporting