Which of the Following Cost-Reduction and Process-Improvement Techniques Is Often

question 2

Multiple Choice

Which of the following cost-reduction and process-improvement techniques is often used in conjunction with target costing?

• A) Linear programming.
• B) Deterministic simulations.
• C) Cost allocation.
• D) Budgetary padding.
• E) Value engineering.

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Definitions:

ACM

Stands for Association for Computing Machinery, a global learned society for computing.

Network

An interconnected group of computers, servers, and other devices that can exchange data and resources with one another.

Operating System

The software that manages a computer's hardware and software resources, providing common services for computer programs.

ROM

Read-Only Memory, a type of non-volatile storage that is primarily used to store firmware or application software in electronic devices.