Functional Benchmarking

question 45

Multiple Choice

Functional benchmarking

• A) is not very useful for organizations with a divisional organizational structure.
• B) endeavours to determine best practices regardless of industry.
• C) restricts the search for best practices to competitors.
• D) is useful when researching industry-specific standards.

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Definitions:

Depletion Expense

An accounting method used to allocate the cost of extracting natural resources over the period their benefits are received.