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Chapter 18 Review

Across
____ costs cannot be easily and cost-beneficially traced to a single cost object
Setting goals and making plans to achieve them
Having a customer _____ means that managers and employees understand the changing needs and wants of customers
_____ control. Policies and procedures used in a company to protect assets on the inside. Ensure consistency in operations and reliability in accounting.
Factory _____ consists of all manufacturing costs that are not direct materials or direct labor
Down
The process of monitoring planning decisions and evaluating an organization’s activities and employees
Direct _____ are used directly to create finished goods
Companies report financial accounting information to _____ users. Such as investors, creditors, and regulators.
_____ costs are traceable to a single cost object
_____ costs change in proportion to a company's volume of activity
____ costs do not change with changes in the volume of activity