The Cost of Implementing an ABC System Is Likely to Be

question 61

Multiple Choice

The cost of implementing an ABC system is likely to be lower if the number of times an activity is performed:

• A) Is low
• B) Is high
• C) Does not fluctuate seasonally
• D) Can easily be tracked

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Definitions:

Lawsuit

A legal action taken by one party against another in a court of law, typically over disputes involving contracts, torts, or claimed violations of rights.

Accountability

Responsibility for one’s own actions and acceptance of the consequences of one’s own behaviour.

Charismatic Leadership

A leadership style that inspires enthusiasm, commitment, and confidence in followers through the personal magnetism and persuasive ability of the leader.

Transactional Leadership

A leadership style focused on supervision, organization, and performance; it revolves around exchanges between leaders and followers, often involving rewards for achievements.