Which of the Following Statements Regarding the Usefulness of Learning

question 84

Multiple Choice

Which of the following statements regarding the usefulness of learning curves is FALSE?

• A)An external use of learning curves is in supply chain negotiations.
• B)A strategic use of learning curves is in evaluating company and industry performance.
• C)An internal use of learning curves is in establishing costs.
• D)An internal use of learning curves is in labor forecasting.
• E)A strategic use of learning curves is in establishing budgets.

---

Definitions:

Responsibility Accounting

A system of accounting that segments financial information by areas of responsibility within an organization, aiding in budgeting and performance evaluation.

Responsibility Reports

Reports designed to evaluate the financial performance of different segments of an organization, focusing on areas under a manager's control.

Direct Fixed Costs

Expenses that remain relatively constant regardless of the level of production or sales volume and are directly tied to the product or service.

Traceable Costs

Direct costs associated with a specific product, department, or segment that can be directly attributed to that area.