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    Fundamentals of Cost Accounting Study Set 3
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    Exam 18: Performance Measurement to Support Business Strategy
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    Total Factor Productivity
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Total Factor Productivity

Question 118

Question 118

Multiple Choice

Total factor productivity:


A) is a ratio of the value of output to the value of all key inputs.
B) is the same thing as the production volume variance.
C) focuses on an individual input.
D) includes materials and labor but not overhead.

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