Question

12. Which of the following is an example of a non-value added activity?     a. Storing...

12. Which of the following is an example of a non-value added activity?
    a. Storing excess inventory for future sales
    b. Making products
    c. Making customer contacts
    d. Providing after sale service

13. Which of the following statements is false?
    a. Some firms have tried Activity-Based-Costing and found that their costs exceeded their benefits
    b. Activity-Based-Costing focuses on current processes while Activity-Based-Management is concerned with improved processes
    c. Activity-Based-Costing and Activity-Based-Management are simple and inexpensive to implement
    d. Many recent applications of Activity-Based-Management have been in service departments of manufacturing firms rather than producing departments

Business   Accounting   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Which of the following statements regarding activity-based management is true? Select one: A. Activity-based management is...
Which of the following statements regarding activity-based management is true? Select one: A. Activity-based management is concerned primarily with calculating the cost of products accurately B. Activity-based-management focuses managerial attention on what is most important among the activities performed to create value for customers. C. Activity-based management is not possible unless activity-based costing is also used for product costing D. All of the statements are true
Which of the following statements about activity-based costing is correct? A. Activity-based costing and activity-based management...
Which of the following statements about activity-based costing is correct? A. Activity-based costing and activity-based management techniques are not limited to manufacturing companies. Service providers may benefit from implementing activity-based management, but the cost and time of activity-based costing far exceeds the benefits. B. Activity-based .costing and activity-based management techniques are limited to manufacturing companies. Service providers, non-profit organizations, retailers, and governments cannot benefit from implementing some form of activity-based costing and activity-based management because they are prohibitively expensive. C....
Which of the following is not a method to mitigate the incentive to overproduce in an...
Which of the following is not a method to mitigate the incentive to overproduce in an absorption costing system? A. Charge managers inventory holding costs B. Evaluate managers on residual income C. Require senior management approval for all inventory purchases D. Institute a Just-in-time (JIT) production system Which of the following statements about variable costing systems is true? A. Variable overhead costs are treated as period costs B. Fixed overhead costs are treated as product costs C. Only direct materials...
1) Which of the following is NOT a value-creating activity associated with the differentiation strategy? a....
1) Which of the following is NOT a value-creating activity associated with the differentiation strategy? a. intensive training programs to improve employee efficiency b. strong capability in new product development. c. rapid and timely deliveries to customers. d. procurement systems focused on finding the highest quality raw materials. 2) A certain marble quarry provides a unique type of marble that is richly colored and strikingly veined. It has been used for churches and public buildings throughout the world. The architect...
1) Which of the following is not a valid way that a CRM system can collect...
1) Which of the following is not a valid way that a CRM system can collect information? A. accounting system B. order fulfillment system C. inventory system D. customer’s personal computer 2)Which of the following is a common marketing CRM metric? A. number of new prospective customers B. average number of service calls per day C. average time to resolution D. cost per interaction by marketing campaign 3)Which question below represents a CRM reporting technology example? A. Why did sales...
Restructure, Outsource or Redesign? Choosing a strategic direction and evaluating the effectiveness of HR are only...
Restructure, Outsource or Redesign? Choosing a strategic direction and evaluating the effectiveness of HR are only the first steps in making an organization competitive in the global environment. The next step is figuring out how to improve human resources based on the strategy and issues that may have been raised during the evaluation process. The effectiveness of HRM can be improved in three main ways. First, a company may decide to restructure the HR function to increase its efficiency. Next,...
Question 1) Which of the following are considered valid criticisms of the legalistic model of crime...
Question 1) Which of the following are considered valid criticisms of the legalistic model of crime and criminology? a. Law in action departs substantially from the ideal behavior of the law. b. Focusing only on legally criminalized behavior makes it impossible to consider the impact of gender, race, age and ethnicity. c. Legalistic definitions ignore acts that cause great harm. d. The legalistic model suggests that these are absolute standards for judging right and wrong. e. All of the above....
HASBRO DEVELOPS A GLOBAL SYSTEMS STRATEGY If you’ve ever played in a sandbox with a Tonka...
HASBRO DEVELOPS A GLOBAL SYSTEMS STRATEGY If you’ve ever played in a sandbox with a Tonka dump truck, accessorized a My Little Pony, manipulated a Transformer, or engaged in mock combat with a G.I. Joe, you have experienced a piece of the Hasbro Inc. juggernaut. Begun by brothers Henry, Hilal, and Herman Hassenfeld in 1923 as a pencil box and school supplies company, Hasbro transitioned to toys in the 1940s. Acquisitions, including Milton Bradley, Tonka, and Wizards of the Coast...
Which of the following best describes a project management plan? The project charter, WBS, and project...
Which of the following best describes a project management plan? The project charter, WBS, and project scope statement The schedule, management plans, and budget A formal, approved document used to control the project The project manager's plan for managing and controlling the work The engineering department wants the project objective to be a 10 percent improvement in throughput. The information technology department wants no more than 5 percent of its resources to be used on the project. Management, who is...
Sign In INNOVATION Deep Change: How Operational Innovation Can Transform Your Company by Michael Hammer From...
Sign In INNOVATION Deep Change: How Operational Innovation Can Transform Your Company by Michael Hammer From the April 2004 Issue Save Share 8.95 In 1991, Progressive Insurance, an automobile insurer based in Mayfield Village, Ohio, had approximately $1.3 billion in sales. By 2002, that figure had grown to $9.5 billion. What fashionable strategies did Progressive employ to achieve sevenfold growth in just over a decade? Was it positioned in a high-growth industry? Hardly. Auto insurance is a mature, 100-year-old industry...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT