Match the columns and writing inside each parenthesis the number that

precedes the correct answer.

1. Are quantitative plans for the future.

(1 ) Budget 1.

2. All management levels must be aware of the

budget’s importance to the company and must
(8) Communicating results know that the Budget.

3. Management plan the financing of assets and

(4) The planning process
results in a projected balance sheet.

4. The results in a formal Budget provides an

(10) Management
opportunity for various levels of management to
think through and commit future plants to writing.

(9) Fexibility
5. Management uses budgets to show how it
intends to acquire and use resources to achieve
the company’s long-range goals.
(6) Follow-up
6. Data feedback are part of the control aspect of
budgetary control.
(7) Budgeting

7. Involves the coordination of financial and

nonfinancial planning to satisfy organizational
(5) Participation in goal setting goals and objectives.

8. People should be promptly and clearly informed

(2) Top management support of their progress.

9. If the basic assumptions the Budget change

(3) The financial budget during the years, the planned operating Budget
should be restated.
Manufacturing philosophy
involving an integrated set of
10. Should frequently compare accounting data with
budgeted projections during the budget period
and investigate any differences.
procedures/ activities designed to archieve a volumen of production using minimal
inventories?
A. Jit
B. Management
C. System
2. what are the 7 wastes?
A. Time, system, quality, testability, inventory, resoucers, respond to customer.
B. Over production, waiting, transportation, underutilization of employee,
inventory, motion and making defective products.
C. Fexibility, Follow-up, Budgeting, Participation in goal setting, Top
management support, The financial Budget.
3. when did they implement toyota?
 1950
4. what is the supplier management?
 Establish long term relationships with few suppliers.
5. what is the SMP method?
 Is based on manufacturing method called JIT(Just-in-time)