ACCOUNTING QUIZ QUESTIONS
WITH 100% SOLVED ANSWERS!!
1 of 54
Term
what should mission statement include?
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graphic what is our present situation?
forward-looking and directional where do we want to go from here?
focused, flexible and feasible how are we going to get there?
memorable
, - number and size of - identification
suppliers
of
- uniqueness of each
product/servic
supplier's product
e
- focal company's ability to
- target market/customers
sub
- stakeholders
- competitor differentiation
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2 of 54
Term
what is bargaining power of buyers?
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- barriers to entry
- economies of scale
- brand loyalty
- capital requirements
- cumulative experience
- government policies
- access to distribution channels
- switching costs
- number of competitors
- diversity of competitors
- industry concentration
- industry growth
- quality differences
- brand loyalty
- barriers to exit
- switching costs
, OA integrates the human activities and capital resource utilisation within a
structure of task allocation and coordination to achieve desired outcomes
and performance
- number of customers
- size of each customer order
- differences between competitors
- price sensitivity
- buyer's ability to substitute
- buyer's information availability
- switching costs
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3 of 54
Term
what are the costs of benchmarking?
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- inaccurate - Internally & backward orientated
- complacency - largely financial
- implementati performance measures
on
- Intended Strategy
- planning & decision
making - non-realised strategy
- competitive advantage - deliberate strategy
- goal congruence - emergent strategy
- market share & - realised strategy
profitability
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, 4 of 54
Definition
- does strategy fit business environment?
- does OA fit strategy?
- does OA link info & decision rights?
- does OA provide effective incentives?
does OA establish effective performance evaluation
system?
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what are some
important checks for what are threats of new entrants?
OA?
what are the tests of a What are Mitzberg's 5 P's of
winning strategy? Strategy?
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5 of 54
Term
What do Strategic management Accountants do?
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