question archive 1) Advocates of Beyond Budgeting believe Select one: A
1) Advocates of Beyond Budgeting believe Select one: A
Subject:AccountingPrice: Bought3
1) Advocates of Beyond Budgeting believe
Select one:
A. rewards and performance should be assessed in relation to competitors and peers
B. responsibility and accountability should be delegated to front-line teams
C. the annual budget should be abolished
D. all of the above
2. An important component of the balanced scorecard are cause and effect relationships The connectivity between objectives is best described through the use of
Select one:
A. An objectives statement
B. strategy map
C. The correct perspective
D. A destination statement
3. Strategic management accounting can be differentiated from traditional management accounting for all of the following except for
Select one:
A. Strategic management accounting focuses on financial performance, whereas traditional
management account focusses on non-financial performance
B. Strategic management accounting focuses on longer-term strategic performance, whereas
traditional management accounting focuses on short-term operational
C. Strategic management accounting is forward-looking, whereas traditional management accounting is more backward looking
D. Strategic management accounting is externally focused, whereas traditional management
accounting is internally focused
