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11/21/18 Chp 19 (5) Problem 4 Match the descriptions that follow with the corresponding terms...

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11/21/18 Chp 19 (5) Problem 4 Match the descriptions that follow with the corresponding terms Descriptions: 1. All activities associated with providing a product or performing a service. 2. A method of allocating overhead based on each product's us of activities in making the product. 3. Systems implemented to reduce defects in finished products with the goal of achieving zero defects 4. A performance measurement approach that uses both financial and nonfinancial measures, tied to company objectives, to evaluate a company's operations in an integrated fashion. 5. Inventory system in which goods are manufactured or purchased just as they are needed for use. 6. A company's efforts to employ sustainable business practices with regards to its employees, society, and the environment. 7. A code of ethical standards developed by the Institute of Management Accountants Terms: a. activity based costing b. balanced scorecard c. corporate social responsibility d. just in time inventory e. total quality management f. statement of ethical professional practice g. value chain

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