In goals set by top managers flow down through the organization and become subgoals for each organizational area.

a. traditional planning

b. management by observation

c. traditional goal setting

d. management by objectives

Which of the following statements is true? a job costing system will have a separate work in process account for each of the major processes. a process costing system will have a single work in process account. a process costing system will have a separate raw materials account for each of the major processes. a process costing system will have a separate work in process account for each of the major processes.

Which of the following would classify as a general education requirement

Which one of the following is not a typical current liability? a. interest payable b. current maturities of long-term debt c. salaries payable d. mortgages payable