Walmart, Costco, and Dollar General are retailers that probably compete on the basis of
A) quality and customer service.
B) product differentiation.
C) low prices.
D) desirable locations.
Answer: C) low prices.
The management accountants in an organization probably report directly to the
A) controller.
B) treasurer.
C) chief executive officer (CEO).
B) chief financial officer (CFO).
Answer: A) Controller
Which of the following is the correct sequence in which cost management information is developed and used?
A) Business events, data, information, analysis, decisions
B) Business events, data, analysis, information, decisions
C) Business events, information, analysis, knowledge, decisions
D) Business events, data, information, knowledge, decisions
Answer: D) Business events, data, information, knowledge, decisions.
