Questions:
1. What are the relationships among financial, management, and cost accounting?
2. What are the sources of authoritative pronouncements for the practice of cost accounting?
3. What are the sources of ethical standards for cost accountants?
4. What is a mission statement, and why is it important to organizational strategy?
5. What must accountants understand about an organization's structure and business environment to perform effectively in that organization?
6. What is a value chain, and what are the major value chain functions?
7. How is a balanced scorecard used to implement an organization's strategy?
8. Why is ethical behavior so important in organizations?