Which of the Following Is a Contemporary Management Technique Used

question 30

Multiple Choice

Which of the following is a contemporary management technique used by the management accountant to identify and monitor the costs of a product throughout all steps from product design to the finished product?

• A)Enterprise risk management.
• B)Target costing.
• C)Life cycle costing.
• D)Enterprise sustainability.

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Definitions:

Worker Participation

The involvement of employees in the decision-making processes of an organization, often aimed at improving morale and productivity.

Social Norms

The unwritten rules that govern the behavior of individuals within a society, influencing how they act and interact.

Main Street

Symbolically represents the average, everyday concerns and interests of working-class citizens, often contrasted with Wall Street's financial interests.

Principal Determinant

The primary or most significant factor that influences the outcome of a situation or the development of a process.