Which of the Following Is a Reason That Has Accelerated

question 75

Multiple Choice

Which of the following is a reason that has accelerated the demand for refinements to the costing system?

• A) The declining demand for customized products has led managers to decrease the variety of products and services their companies offer.
• B) The use of product and process technology has led to an increase in indirect costs and a decrease in direct costs.
• C) The increased of automated processes has led to the increase in direct manufacturing cost leading to a decrease in break even point.
• D) The increasing competition in product markets has led to an increase in contribution margin resulting in a decrease of break even point.

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Definitions:

In-house Expertise

The specialized knowledge or skills possessed by individuals or groups within an organization, as opposed to external or outsourced expertise.

Crowdsourcing

The method of gathering information, ideas, or content by requesting input from a wide audience, particularly from those in an online community.

Clearly Stated

Explicitly articulated or expressed in a manner that leaves little to no room for misunderstanding or ambiguity.

Evidence-based Management

An approach to making managerial decisions and organizational practices based on the best available evidence from various sources, including scientific research and business data.