Which of the Following Process Dimensions of the Activity-Based Management

question 18

Multiple Choice

Which of the following process dimensions of the activity-based management model deals with "why"?

• A)resources
• B)cost driver analysis
• C)activities
• D)performance measures

Comprehend the role of throughput time and its calculation.

Understand the balanced scorecard approach and its application in strategic management and performance improvement.

Recognize the importance of financial measures and their indications as lag indicators of past performance.

Understand the core principles and phases of Business Process Improvement (BPI).

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Definitions:

Fixed Manufacturing Overhead Budget Variance

The discrepancy between the budgeted fixed overhead costs and the actual fixed overhead incurred during production.

Fixed Manufacturing Overhead Volume Variance

The difference between the budgeted and actually applied fixed manufacturing overhead, based on standard costs for a given period.

Fixed Overhead Budget Variance

The difference between actual fixed overhead costs and the budgeted or expected fixed overhead costs.

Volume Variance

A measure of the difference between the budgeted and actual volume of production, impacting costs.