Solve the problem factor determinessegment reportingWhichboundaries?a) Management's operational decision-makingstructureb) Geographic locations alone define segmentsc) Product lines create automatic divisionsd) Legal entities establish permanent boundaries

Explanation of Segment Reporting: This is the practice of dividing a company's financial information…

Answered: factor determines segment reporting…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter9: Responsibility Accounting And Decentralization

Section: Chapter Questions

Problem 8MC: In a centralized organization, where are goals established? A. at the lower level of the...

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If operating segments are based on geography rather than products or services, can they still be aggregated?
In a centralized organization, where are goals established? A. at the lower level of the organization and promoted upward B. outside the organization based on best practices in the industry C. by each segment of the organization D. at the highest level of the organization and promoted downward
An important goal of a responsibility accounting framework is to help ensure which of the following? A. decision-making is made by the top executives. B. investments made by each segment are minimized. C. identification of operating segments that should be closed. D. segment and company financial goals are congruent.
Which of the following does not describe a management control system? A. establishes a companys strategic goals B. implements a companys strategic goals C. monitors a companys strategic goals D. a system that only measures profitability
Discuss the difference between centralized and decentralized organizations. Does the size of the organization influence whether the organization has a centralized or decentralized structure? Explain.
Management accounting: emphasizes special-purpose information relates to the company as a whole is limited to strictly cost figures is controlled by GAAP
Which of the following characteristics does NOT pertain to management accounting?A. Has externally imposed standardsB. Provides information and estimates about future activityC. Provides financial and operating data multidisciplinary in scopeD. Generates specific-purpose financial statements and reports
Which of the following statements doesn't describe the organizational strategies: Select one: O a. Tactics that managers use to work toward the organisational vision O b. Contain organisation structure, financial structure, and long-term resource allocation strategies O c. Long term in nature O d. Short term in nature
5. 6. is the process of giving employees the authority to make important decisions and to be responsible for their outcomes. e. a. Centralization b. Standardization Matrix b. c. d. e. Empowerment C. d. is a design that groups people together based on their common expertise and experience or because they use the same resources. a. Functional structure Divisional structure e. Management by objectives Horizontal differentiation Matrix structure Hybrid structure Network structure
The management approach requires a firm to define segments on the basis of its internal organizational structure. What are the advantages in defining segments on this basis?
The management approach requires a firm to define segments on the basis of its internal organizational structure. What are the advantages in defining segments on this basis?
Managers in which of the following responsibility centers are held responsible forprofits? (You may select more than one answer.)a. Revenue centersb. Cost centersc. Profit centersd. Investment centers

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factor determines segment reporting Which boundaries? a) Management's operational decision-making structure b) Geographic locations alone define segments c) Product lines create automatic divisions d) Legal entities establish permanent boundaries