100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
COMM 226 CHAPTER 3 QUESTIONS AND ANSWERS CA$19.45   Add to cart

Exam (elaborations)

COMM 226 CHAPTER 3 QUESTIONS AND ANSWERS

 4 views  0 purchase
  • Course
  • COMM 226
  • Institution
  • COMM 226

COMM 226 CHAPTER 3 QUESTIONS AND ANSWERS

Preview 2 out of 7  pages

  • October 29, 2024
  • 7
  • 2024/2025
  • Exam (elaborations)
  • Unknown
  • COMM 226
  • COMM 226
avatar-seller
COMM 226 CHAPTER 3 QUESTIONS AND ANSWERS
Preventive maintenance
Correct Answer -is performed periodically—for example, the routine
maintenance of a machine in a factory


corrective maintenance
Correct Answer -is done as needed—for example, repairing a machine when
it breaks down


two support processes
Correct Answer -are related to people and projects


Human capital management (HCM) processes (people)
Correct Answer -focus on the people within the organization and include
functions such as recruiting, hiring, training, and
benefits management.


Project management processes (projects)
Correct Answer -used to plan and execute large projects such as the
construction of a new factory or the production of complex products such as
airplanes.


an accounting process called settlement
Correct Answer -is periodically carried out throughout the life of the project
and at the end of the project to assign costs and revenues to the appropriate
parties.

, two processes, which track the financial impacts of processes
Correct Answer -Financial accounting processes and Management
accounting or controlling processes


Financial accounting (FI) processes (track-external )
Correct Answer -track the financial impacts of process steps with the goal of
meeting legal reporting requirements—for example, the Internal Revenue
Service (IRS) or the Securities and Exchange Commission ( SEC).


steps in the different processes have an impact on an organization's
financial status. Organizations analyze this impact using processes
Correct Answer -in financial accounting: general ledger,
accounts receivable, accounts payable, and asset accounting.


Management accounting or controlling (CO) processes
(track-internal )
Correct Answer -focus on internal reporting to manage costs and
revenues.


major costs management accounting tracks are
Correct Answer -materials costs, labor costs, and overhead costs.


material
Correct Answer -products, components, parts that an organization uses

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller saraciousstuvia. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for CA$19.45. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

71184 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
CA$19.45
  • (0)
  Add to cart