Short Answer
The continuous process of measuring products, services, and activities against the best levels of performance
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q2: Where a specific product is the cost
Q3: A reason that more organizations in manufacturing
Q4: _ is not true.<br>A)That a cost may
Q5: Whenever economically feasible, managers prefer costs to
Q7: An example of an unallocated cost is
Q8: _ need aggregate rather than detailed cost
Q9: Traditional costing systems work well with complex
Q11: That part of the cost management system
Q37: A merchandising firm typically has _ inventory
Q75: Allocation of costs to cost objectives may