Complete the following statements with one of the terms listed here. You may use a term more

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Complete the following statements with one of the terms listed here. You may use a term more than once, and some terms may not be used at all.

Complete the following statements with one of the terms listed

a. ________ is a broad holistic report that describes all material elements of value ­creation, not just the financial elements.
b. ________ is the management process of overseeing the company€™s day- to- day operations.
c. The ________ manages the company on a daily basis.
d. The ________ was enacted to restore trust in publicly traded corporations, their management, their financial statements, and their auditors.
e. Firms acquire the ________ certification to demonstrate their commitment to quality.
f. The three pillars of sustainability are: ________, ________, and ________.
g. The ________ focuses on people, planet, and profit.
h. ________ is the management process of setting goals and objectives for the company and determining how to achieve them.
i. The role of the ________ function is to ensure that the company€™s internal controls and risk management policies are functioning properly.
j. ________ serves the information needs of people in accounting as well as people in marketing and in the warehouse.
k. ________ is a language that utilizes a standardized coding system companies use to tag each piece of financial and business information in a format that can be quickly and efficiently accessed over the Internet.
l. ________ is both a philosophy and a business strategy of operating without waste.
m. Typically, the treasurer and the controller report directly to the ________.
n. ________ is the time between buying raw materials and selling the finished products.
o. ________ is the management process of evaluating the results of business operations against the plan and making adjustments to keep the company pressing toward its goals.
p. _____ is the ability to meet the needs of the present without compromising the ability of future generations to meet their ownneeds.

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Managerial Accounting

ISBN: 978-0133428377

4th edition

Authors: Karen W. Braun, Wendy M. Tietz

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