tb chap 4 - 1. Primary concepts under activity-based...

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1. Primary concepts under activity-based management include all of the following except: a. activity analysis. b. total quality management. c. activity-based costing. d. cost driver analysis. correct: b 2. A repetitive action fulfilling a business function and increasing the worth of the product and the price that the customer is willing to pay for the product is referred to as a(n): a. non-value added activity. b. value-added activity. c. business value-added activity. d. activity analysis. correct: b 3. The actual time that a product must be delayed while waiting to be processed is called: a. service time. b. inspection time. c. transfer time. d. idle time. correct: d 4. In an activity-based cost system, batch-level cost types generally include: a. direct costs. b. direct materials. c. organizational advertising. d. inspections. correct: d 5. In an activity-based cost system, facility level costs include: a. direct labor. b.
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This note was uploaded on 12/12/2008 for the course ACCT 310 taught by Professor Nacemagner during the Fall '08 term at Western Kentucky University.

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tb chap 4 - 1. Primary concepts under activity-based...

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