Question 1

The process of identifying, describing, and evaluating the activities an organization performs is called:

Accepted Answer

A) Activity inputs 
B) Driver analysis 
C) Activity analysis 
D) Value-added activities 
A) Activity inputs 
B) Driver analysis 
C) Activity analysis 
D) Value-added activities

Question 2

Which of the following is descriptive of activity-based responsibility accounting?

Accepted Answer

A) It assumes that activities can be collected into independent subgroups. 
B) Its focus is the organization. 
C) It assigns responsibility to processes. 
D) Its standards are engineered and tend to be static. 
A) It assumes that activities can be collected into independent subgroups. 
B) Its focus is the organization. 
C) It assigns responsibility to processes. 
D) Its standards are engineered and tend to be static.

Question 3

Which of the following is NOT a necessary condition for classification as a value-added activity?

Accepted Answer

A) The activity produces no change of state. 
B) The change of state was not achievable by preceding activities. 
C) Activity enables other activities to be performed. 
D) All of these are necessary conditions. 
A) The activity produces no change of state. 
B) The change of state was not achievable by preceding activities. 
C) Activity enables other activities to be performed. 
D) All of these are necessary conditions.

The process of identifying, describing, and evaluating the activities an organization performs is called:

Which of the following is descriptive of activity-based responsibility accounting?

Which of the following is NOT a necessary condition for classification as a value-added activity?

Introduction to Cost Management

Basic Cost Management Concepts

Cost Behavior

Activity-Based Costing

Product and Service Costing: Job-Order System

Process Costing

Allocating Costs of Support Departments and Joint Products

Budgeting for Planning and Control

Standard Costing: a Functional-Based Control Approach

Decentralization: Responsibility Accounting, Performance

Strategic Cost Management

The Balanced Scorecard: Strategic-Based Control

Quality and Environmental Cost Management

Lean Accounting and Productivity Measurement

Cost-Volume-Profit Analysis

Activity Resource Usage Model and Tactical Decision Making

Pricing and Profitability Analysis

Capital Investment

Inventory Management: Economic Order Quantity, Jit, and the Theory of Constraints

Filters

Exam 12: Activity-Based Management

The process of identifying, describing, and evaluating the activities an organization performs is called:

Which of the following is descriptive of activity-based responsibility accounting?

Which of the following is NOT a necessary condition for classification as a value-added activity?

Introduction to Cost Management

Basic Cost Management Concepts

Cost Behavior

Activity-Based Costing

Product and Service Costing: Job-Order System

Process Costing

Allocating Costs of Support Departments and Joint Products

Budgeting for Planning and Control

Standard Costing: a Functional-Based Control Approach

Decentralization: Responsibility Accounting, Performance

Strategic Cost Management

The Balanced Scorecard: Strategic-Based Control

Quality and Environmental Cost Management

Lean Accounting and Productivity Measurement

Cost-Volume-Profit Analysis

Activity Resource Usage Model and Tactical Decision Making

Pricing and Profitability Analysis

Capital Investment

Inventory Management: Economic Order Quantity, Jit, and the Theory of Constraints

Filters