The Pareto Principle Is Important to Consider When an Organization

Multiple Choice

The Pareto principle is important to consider when an organization is

A) assessing whether to employ activity-based costing versus attribute-based costing.
B) evaluating the number of activities that are value-added versus those that are non-value-added.
C) deciding whether to offer a product in one color versus in ten colors.
D) determining whether simultaneous engineering activities will be impacted by the "Rule of One."