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Stichworte: Cost competitiveness
All of these are examples of cost sharing in a health insurance policy EXCEPT
A characteristic that was once an order winner may become an order qualifier.
Which of the following would occur if a company increases its variable cost per unit
Which of the following are not considered a relevant aggregate planning cost?
What are the risks of an integrated cost leadership differentiation strategy?
Which of the international operations strategies involves low cost reductions
Real wages represent the difference between wage increases and cost-of-living increases.
Which of these measures the quantity and quality of outputs relative to the cost of inputs?
To hold down distribution cost, the lowest cost carrier should always be used.
Which cost flow assumption most often approximates the physical flow of goods?
Identify the main difference between journal entries in process costing and job costing.
When using a perpetual inventory system, the journal entry for the cost of merchandise sold is
Lack of milestones has been a non contributing factor in many project failures
Describe the advantages and limitations of financial models in project selection.
Which of the following are avenues for performing value chain activities at a lower cost?
According to the cost schedule in the table above, the firm’s total fixed cost is
What is the name of the revenue account used by a company that sells inventory?
What type of industry is likely to use a job order cost system give some examples
In a standard cost system, Work in Process Inventory is ordinarily debited with
When opportunity costs are increasing the slope of the production possibilities frontier becomes?
Which variance is the difference between the actual cost of the input and its planned cost?
Which position has the duty to examine the cost implications of a proposed bill?
When marginal revenue is greater than marginal cost for a competitive firm then?
What are two characteristics of a firm who is operating under a cost leadership strategy?
Which of the following need to be included in a total cost of ownership TCO analysis Choose 2?
While appraisers use different types of appraisal approaches, real estate agents:
Which of the following inventory costing methods requires the organization to account for the actual cost paid for the unit being sold?
What is related to the particular cost object but Cannot be traced to that cost object in an economically feasible cost effective way?
Costs that cannot be easily and conveniently traced to that specific cost object are
Which of the following should not be included in determining the cost of inventory?
The competitive advantage of a best-cost provider like trader joe’s is derived from
Use the following information to calculate the cost of goods sold for for the month of
Using net book value (instead of gross cost) to calculate average operating assets
The cost of making capacity available for use is represented by service department
The objective of inventory management is to minimize the cost of holding inventory.
_____ risks refer to those that are direct results of implementing risk responses.
Cost of goods sold will show a higher balance during the accounting period if ______.
Acquisitions may reduce the cost of new product development and increase speed to market.
A a cost is something used up to produce revenues in a particular accounting period
Companies pursuing a focused low-cost or focused differentiation strategy strive to
Which structure is most appropriate for an organization that pursues a low cost strategy?
What ethical principle suggest to take the action that produces the least harm or potential cost?
The extent to which an organization uses fixed cost on its cost structure is called:
When using the conservative retail method What effect does freight have on the cost retail ratio?
Which of the following would be classified as an appraisal cost on a quality cost report?
Which of the following would be classified as a prevention cost on a quality cost report?
Which of the following is not a duty of the cost accountant in a process cost system
Calculate the predetermined overhead rate using machine hours as the allocation base
Which inventory cost flow method produces the highest net income in a period of rising prices?
Which of the following are the techniques used for efficient project cost control MCQ
When the cost of goods sold method is used to record inventory at net realizable value
For a cost or revenue to be relevant to a particular decision, the cost or revenue must
Which of the following is a manufacturing overhead cost for an automobile manufacturer?
Which of the following causes the production possibilities curve to shift to the right?
It is a group to which one does not belong and feels a sense of competitiveness or hostility
What is the dollars included in a cost estimate to mitigate cost risk by allowing for future situations that are difficult to predict?
__________ is a project performance measurement technique that integrates scope, time and cost data.
In the context of inventory costs, which of the following is considered a holding cost?
The selling price of a calculator is 89% of its cost price find the approximate loss percentage
Which performance tool measures the rate of return generated by an investment in assets?
Consider the following three processes. which process will have the lowest cost at low volume?
What are some of the factors that have contributed to the rapid rise in health care cost?
A firms average fixed cost is rs20 at 6 units of output what will be afc at 3 units of output
What do you call the term used to describe the satisfaction of the customer experiences or expect to experience by taking a given action relative to the cost of that action?
Which of the following is used to describe the additional cost of producing one more unit?
In short-run decision making, the alternative with the lowest overall cost is always chosen.
What are the three categories of product costs that flow through the work in process inventory account describe each one?
Which of these companies is achieving a competitive advantage through a low-cost strategy?
Which principle requires that the expenses incurred during a period should be recorded in the same period in which the related revenues are earned?
The weighted average for the year inventory cost flow method is applicable to which inventory system
Which would result if the current years ending inventory is understated in the cost of goods sold calculation?
Which of the following is true of the relationship between marginal cost and average cost functions?
Which of the following is true about relationship between marginal cost function and the average cost function?
It is the projected amount of costs that will be incurred to build a product or construct something.
When a job is completed in a job order cost accounting system the cost of the job is transferred to?
When actual fixed overhead cost is less than budgeted fixed overhead cost the budget variance is labeled (( enter either favorable or unfavorable?
What is the difference between the standard cost of overhead allowed and the actual overhead incurred?
Under variable costing an increase in fixed manufacturing overhead will affect the unit product cost
Which method of transfer pricing considered when the supply division is a monopoly producer?
Why do companies find it a difficult strategic challenge when they face high pressures for both cost reductions and local responsiveness?
Which term best describes a situation in which one country can produce a product at a lower opportunity cost than another country?
When a company sells a product for a price that is less than the cost of producing the product it is engaging in?
Which of the following approaches to pricing is most suitable when a company has high variable costs relative to its fixed costs?
Which of the following costs is an example of a cost that remains the same in total as the number of units produced changes?
Which of the following refers to the costs of production that fluctuate depending on the number of units produced?
What are the two variances between the actual cost and the standard cost for direct labor?
Which of the following is a certification offered by American Medical Technologists AMT )?
What would happen to the equilibrium price and quantity of lattes If the cost of producing steamed milk which is used to make lattes rises group of answer choices?
Which of the following are among the pitfalls to avoid when pursuing a low-cost provider strategy?
How long should pressure be applied on the venipuncture site for a patient on coumadin therapy?
Which of the following is not a factor that determines the cost of a disability income policy?
What provides organizations with the ability to manage the compliance of Azure resources across multiple subscriptions?
Which of the following are elements of the strategic management process required for a business to achieve strategic competitiveness and earn above average returns?
When a company focuses on increasing its profitability by reaping cost reductions that come from economies of scale and location economies it is using a N ):?
In which pricing strategy does a company advertise a low price for an item it has no intention of selling?
Which of the following is the formula to determine the return on investment for an advertisement?
Are the savings that come from producing two or more different outputs at a lower cost than producing each output individually?
When a country can produce a particular good or service at a lower cost than other countries a n?
When a country can produce a good or service at a lower opportunity cost than its competitors can it has quizlet?
In which contract the buyer pays the seller for the actual costs incurred in a project plus a fixed fee?
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