New Computer Technology Has

question 129

Multiple Choice

New computer technology has

• A)increased the cost of financial innovation.
• B)increased the demand for financial innovation.
• C)reduced the cost of financial innovation.
• D)reduced the demand for financial innovation.

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Definitions:

Controllable Costs

Expenses that can be modified or managed through the actions of management in the short term.

Cost-Based Transfer Pricing

A transfer pricing method where the price of goods transferred between departments or subsidiaries is based on the cost of production.

Goal-Congruence Problems

Issues that arise when the objectives of individual members or groups within an organization do not align with the overall goals of the organization, potentially leading to inefficiency or conflict.

Optimal Decisions

The best possible choices made after assessing all available information, resources, and alternatives, aiming to achieve the maximum benefit or efficiency.