34. The financial accounting system is the primary source of information for A) improving the...
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Accounting
34. The financial accounting system is the primary source of information for A) improving the performance level of customer service. B) decision making on the factory floor. C) planning the budget for next year. D) preparing the income statement for stockholders.
35. Which of the following could be considered part of the value chain in a service firm? A) Distribution B) Inspection of product C) Advertising D) Raw materials
36. The field of accounting that reports according to generallly accepted accounting principles (GAAP) is called: A) financial accounting B) managerial accounting C) responsibility accounting D) cost accounting
37. R&D, production, and customer service are business functions that are all included as part A) of the supply chain. B) of the value chain. C) of marketing. D) of benchmarking.
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