Multiple Choice
In throughput costing which of the following is untrue?
A) The throughput of a product is its selling price minus its totally variable costs
B) Investment is also called inventory
C) Profit is defined as throughput less operating expenses
D) Operating expenses are classified and thought of as direct costs
Correct Answer:
Verified
Correct Answer:
Verified
Q14: The philosophy of just-in-time processing results in
Q15: Which of these is not typically associated
Q16: Lean accounting may involve cutting:<br>A) the workload<br>B)
Q17: Which of these is not associated with
Q18: Under TOC a constraint that is a
Q20: Under a lean accounting approach the aim
Q21: Under a traditional accounting system any build-up
Q22: Which of these is not a benefit
Q23: The statement concerning the theory of constraints
Q24: Advantages of just-in time inventory management are