The Cost Accounting System That Minimizes Wasteful or Unnecessary Transaction

question 74

Multiple Choice

The cost accounting system that minimizes wasteful or unnecessary transaction processes is:

• A) performance measure.
• B) benchmarking.
• C) budgeting.
• D) lean accounting.

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Definitions:

Pollution Abatement

Measures and efforts undertaken to reduce, control, or eliminate pollution from various sources to protect the environment.

Consumer Tastes

The preferences and inclinations of consumers which influence their buying behavior and choice of products.

Pollution Abatement

Measures or actions taken to reduce, control, or eliminate pollution from various sources in order to protect the environment.

Marginal Benefit

The heightened enjoyment or usefulness one receives by using an additional unit of any good or service.