This quiz works best with JavaScript enabled. Home > Accounting > Cost Accounting > Cost Management Systems > Cost Management Systems – Quiz 1 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Cost Management Systems Quiz 1 (3 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. The management accountants in an organization probably report directly to the A) Controller. B) Chief financial officer (CFO). C) Chief executive officer (CEO). D) Treasurer. Show Answer Correct Answer: A) Controller. 2. A management method in which managers and employees commit to a process of continuous improvement is best described as A) Lean accounting. B) Business process improvement. C) The theory of constraints. D) Total quality management. Show Answer Correct Answer: B) Business process improvement. 3. Walmart, Costco, and Dollar General are retailers that probably compete on the basis of A) Product differentiation. B) Desirable locations. C) Low prices. D) Quality and customer service. Show Answer Correct Answer: C) Low prices. Related QuizzesCost Accounting QuizzesAccounting Quizzes 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books