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Jacket
Management Accounting
Willie Seal, University of Essex, UK
Ray Garrison, Brigham Young University, Provo, Utah, USA
Eric Noreen, INSEAD, France

Strategic management accounting and the Balanced Score Card

Self-test Questions



1

One of the following is not a feature of SMA
(Learning Objective 1 Ch 17)
A)The development and monitoring of business strategy
B)Linking goods and MIS
C)The absence of key performance indicators
D)Provision and analysis of Management Accounting data
2

The impact of corporate strategy will not involve one of the following
(Learning Objective 2 Ch 17)
A)Strategic Relativity
B)Strategic Choice
C)Organisational Learning
D)The fact that competitive position will not just depend on price but the marketing mix
3

The need for additional information for the SMA will not involve one of the following
(Learning Objective 3 Ch 17)
A)Attribute Costing
B)Life Cycle Costing
C)Target Costing
D)Corporate Costing
4

One of the following statements does not reflect the relationship between SMA and Management Accounting
(Learning Objective 4 Ch 17)
A)NPV can use data produced by SMA
B)Compared to an SMA model an NPV model is limited
C)NPV is almost incompatible with SMA
D)SMA integrates certain strategic choice models with the strategic intelligence approach
5

One of the following statements regarding lean technology is not true
(Learning Objective 5 Ch 17)
A)Lean enterprises tend to avoid competition through strategic planning
B)Lean technologies collide
C)New technology means customers may become self reliant
D)Lean enterprises tend to have temporary rather than long term advantages
6

One of the following would not be considered a good feature of the balanced scorecard
(Learning Objective 6 Ch 17)
A)Immediate feedback
B)A large number of performance measures
C)A number of non-financial measures
D)An employee is only held responsible for what he/she can influence
7

One of the following statements is not true of Emergent Strategies and Organisational Learning
(Learning Objective 7 Ch 17)
A)Organisational Learning isn’t a top down centralised process
B)Strategic Management seeks to establish absolute market positioning and costs
C)Management Accounting may be seen as a an interactive communication process
D)Strategic Management Accounting may involve new applications of existing approaches rather than new techniques