True or False 1.Staff functions are tasks performed that reflect the organizations primary goal and mission

2.Assigning administrative tasks is not a major element of the strategic management process.

3. Benchmarking is a process for obtaining a measure of comparison and a method to identify gaps in an organization's processes in order to achieve a competitive advantage.

4.Business process reengineering is also known as process innovation and core process redesign refers to the search for and implementation of radical change in a business process to other breakthrough results.

5.Chief accounting officer is also called finance director in many countries.

6.Computer-integrated manufacturing (CIM) plants allow management to create brand recognition.

7. Controller is responsible for finance duties and activities.

8. A firm that follows a product differentiation strategy attempts to earn higher returns and competitive advantages through offering products or services at the lowest prices in the industry.

9.Corporate social responsibility is a concept where business organizations consider solely the needs of all shareholders when making decisions.

10.Customer value is the various organizational routines and processes that determine how efficiently and effectively the organization transforms inputs into outputs.

11.If a financial manager/management accountant has a problem in identifying unethical behavior or resolving an ethical conflict, the first action he/she should normally take is to discuss the problem with his/her immediate superior.

12. Integrity is an ethical requirement for all financial managers/management accountants. Integrity requires refraining from improper use of inside information.

13.Just-in-time is the philosophy that activities are undertaken only as needed or demanded. It is a push-it-through approach.

14.Management accounting is considered successful when it helps managers improve decisions.

15.Just-in-time purchasing requires smaller and less frequent purchase orders