Question: Select the term from the list provided that best matches each of the following descriptions. 1 Re-engineering 4 Just in time 2 Managerial accounting 3

 Select the term from the list provided that best matches eachof the following descriptions. 1 Re-engineering 4 Just in time 2 Managerial

Select the term from the list provided that best matches each of the following descriptions. 1 Re-engineering 4 Just in time 2 Managerial accounting 3 Continuous improvement 6 Financial Accounting Standards Board Activity-based management 5 7 Securities and Exchange Commission 8 Cost of goods sold 10 9 Nonvalue - added activities Upstream costs Match each of the options above to the items below. An inventory flow system that minimizes the amount of inventory on hand 4 The organization established by the accounting profession to develop accounting standards The area of accounting designed to meet information needs of internal users The government agency authorized to establish and regulate public company reporting practices Assessing the value chain to create new value-added activities Tasks that do not contribute to a product's ability to satisfy customer needs Costs incurred before the manufacturing process begins The process of changing an organization's production and delivery system to make the organization more competitive The ongoing process through which employees become more effective and learn to work more efficiently The term used for the amount of product costs expensed in the current period

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