Title |
Teaser |
|---|---|
| MACHINE LANGUAGE |
programming instructions that the computer can execute directly. The statements are in binary... |
| MACHINE-HOUR |
cost allocation base that provides a systematic and contemporaneous method of applying overhead... |
| macroeconomics |
The study of aggregate economic behavior, of the economy as a whole. |
| MACROS |
technique that allows the user to combine several keystrokes into one. Macros are simply... |
| MAGNETIC TAPE |
external storage device of Mylar tape coated with a material that can be magnetized to store... |
| MAINFRAME |
large computer that may support 100500 users at one time. Typically, mainframes have a word... |
| MAINTENANCE |
periodic expenditures undertaken to preserve or retain an asset's operational status for its... |
| MAKE-OR-BUY DECISION |
|
| MALPRACTICE INSURANCE |
liability insurance for the accountant against legal action in connection with professional... |
| managed exchange rates |
A system in which governments intervene in foreign-exchange markets to limit but not eliminate... |
| MANAGEMENT ADVISORY SERVICES (MAS) |
consulting services performed by CPA firms to improve client efficiency and effectiveness.... |
| MANAGEMENT AUDIT |
examination and appraisal of the efficiency and effectiveness of management in... |
| MANAGEMENT BY EXCEPTION |
concept or policy by which management devotes its time to investigating only those... |
| MANAGEMENT BY OBJECTIVE (MBO) |
system of performance appraisal having the following characteristics: (1) each... |
| MANAGEMENT CONSULTING SERVICE |
broad service area covering aspects of organizational management, such as planning... |
| MANAGEMENT CONTROL SYSTEM |
plan assuring that resources are obtained and used effectively and efficiently in the... |
| MANAGEMENT DECISION CYCLE |
five steps managers take in making decisions and following up on them. The five steps are: (1)... |
| MANAGEMENT GAME |
form of simulation used in management training. Both SIMULATION and... |
| MANAGEMENT INFORMATION SYSTEM (MIS) |
computer-based or manual system that transforms data into information useful in... |
| MANAGEMENT REVIEW |
analysis and evaluation by the external auditor of management's performance,... |
| MANAGEMENT'S DISCUSSION AND ANALYSIS OF EARNINGS |
|
| MANAGER |
1. executive whose function is to plan, organize, and control, and to make decisions in order to... |
| MANAGERIAL EFFORT |
extent to which a manager attempts to accomplish a goal. Managerial effort may include... |
| MANAGERIAL MOTIVATION |
a combination of managerial effort and goal congruence. |
| MANAGERIAL(MANAGEMENT) ACCOUNTING |
process of identification, measurement, accumulation, analysis, preparation, interpretation, and... |
| MANUFACTURING AND PRODUCTION SYSTEM |
plan that either creates goods or provides services (or both). Manufacturing and production... |
| MANUFACTURING CELLS |
|
| MANUFACTURING COST FLOW |
flow of manufacturing costs (direct materials, direct labor, and manufacturing... |
| MANUFACTURING COSTS |
expenses associated with the manufacturing activities of the company. They consist... |
| MANUFACTURING CYCLE EFFICIENCY (MCE) |
quotient of the time required for value-added production divided by TOTAL CYCLE TIME. It is a... |
| MANUFACTURING CYCLE TIME |
delay from the moment the order is ready for setup to its completion. Sometimes called... |
| MANUFACTURING OVERHEAD VOLUME VARIANCE |
difference between the manufacturing overhead costs budgeted for the level of... |
| MANUFACTURING RESOURCE PLANNING (MRP-II) |
integrated information system that steps beyond first-generation MRP to synchronize all aspects... |
| MARGIN |
1. partial payment made by an investor to a broker for securities purchased, with the remainder... |
| MARGIN OF SAFETY |
difference between the actual level of sales and BREAK-EVEN SALES. It is the... |
| MARGINAL ANALYSIS |
approach utilizing such concepts as marginal revenue, marginal cost, and marginal profit for... |
