The Most Useful Data for Evaluation of a Manager's Cost

question 71

Multiple Choice

The most useful data for evaluation of a manager's cost performance is based on:

• A)Controllable costs.
• B)Contribution percentages.
• C)Departmental contributions to overhead.
• D)Uncontrollable expenses.
• E)Direct costs.

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Definitions:

Central Processing Units

The primary component of a computer that performs most of the processing inside a computer to execute instructions from both hardware and software.

Systems Competition

A form of competition that occurs not just between individual products or services, but between entire systems or platforms.

Network Externalities

The effect that one user of a product or service has on the value of that product to other people, often positive, where the value increases as more people use it.

Profit-maximizing

The process or strategy of adjusting production and sale levels to achieve the highest possible profit.