tb chap 16 - 1. The cost control methods used after a...

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1. The cost control methods used after a control point event include: a. budgeting and standard setting. b. cost understanding. c. cost reduction. d. monitoring and correcting. correct: c 2. Which of the following is correct with regard to discretionary fixed costs? a. Discretionary cost activities are usually service oriented. b. Discretionary cost activities are normally dictated by long-run management decisions. c. Discretionary cost activities typically include lease rentals, property taxes, and depreciation. d. All of the choices are true regarding discretionary fixed costs. correct: a 3. The cost consciousness attitude that considers finding acceptable alternatives to higher cost materials or not spending money for unneeded goods is referred to as: a. cost understanding. b. cost containment. c. cost avoidance. d. cost reduction. correct: c 4. The cost consciousness attitude directly related to lowering current costs overall is referred to as: a. cost understanding. b.
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tb chap 16 - 1. The cost control methods used after a...

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