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ACCRO
FACULTY OF MANAGEMENT SCIENCES
UNIVERSITY OF BENIN
COURSE CODE: ACC 211 (FINANCIAL ACCOUNTING 1) SESSION: 2017/2018
FULL - TIME FIRST SEMESTER EXAMINATION
TIME: 1:30 flores
INSTRUCTION: Answer all Questions
1. The standard that guide the preparation and presentation of inventory is called
a) IAS 4 b)
IAS 1 C) IAS 10 d) IAS 2
7 Nntinnal transactions are
to the receipt and payment account (a) debited (b) written off (c)​

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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