BF180 Quiz 2 Review

1234567891011
Across
  1. 1. Process that begins by attempting to increase price to meet reported product costs, losing market, reporting still higher costs, and so on, until the firm is out of business.
  2. 2. Cost accounting system that provides measures at the work cell or process level and minimizes wasteful or unnecessary transaction processes.
  3. 3. Forecasting method that ranges from a simple visual extrapolation of points on a graph to a highly sophisticated computerized time series analysis.
  4. 6. Statement of cash on hand at the start of the budget period, expected cash receipts, expected cash disbursements, and the resulting cash balance at the end of the budget period.
  5. 7. Information about local conditions, markets, regulations, and so on.
  6. 8. Organization subunit responsible only for costs.
  7. 9. artificial intelligence.
  8. 10. activity based costing
  9. 11. Financial plan of the revenues and resources needed to carry out activities and meet financial goals.
Down
  1. 1. Delegation of decision-making authority to a subordinate.
  2. 4. Actual volume for the period.
  3. 5. A process designed to provide reasonable assurance that an organization will achieve its objectives.