In Figuring Out How to Eliminate Unnecessary Paperwork,a Manager Will

question 23

Multiple Choice

In figuring out how to eliminate unnecessary paperwork,a manager will use his or her ____ skills.

• A)time-management
• B)conceptual
• C)technical
• D)decision-making

Assess the impact of activity-based costing on customer cost analysis reports.

Analyze the capacity analysis report to identify unused capacity in minutes.

Evaluate the financial impact of matching capacity with demand in time-driven activity-based costing.

Calculate the cost per minute of resources supplied in department-specific activities.

---

Definitions:

Percentage-Of-Completion Method

An accounting method used to recognize revenue and expenses of long-term contracts proportionally to the amount of work completed.

Extractive Industry

Industries involved in the extraction of natural resources from the earth, such as mining, drilling for oil, or logging.

Allowance Method

A method of accounting for bad debts that involves estimating and recording the amount of uncollectible accounts receivable.

Direct Write-Off Method

An accounting method where uncollectible accounts receivable are directly written off against income at the time they are deemed non-recoverable.