Which of the Following Is Not a Contemporary Management Technique

question 16

Multiple Choice

Which of the following is not a contemporary management technique used by the management accountant to respond to the changing business environment?

• A)Enterprise risk management
• B)Lean manufacturing
• C)Life cycle costing
• D)Enterprise sustainability

---

Definitions:

Variable Selling

denotes the costs that vary directly with the level of sales, such as commissions or shipping charges.

Administrative Costs

Expenses related to the general administration of a business, such as salaries of executive staff, office supplies, and utilities.

Target Costing

A pricing approach where a company determines the potential selling price of a product and then subtracts desired profit to arrive at a target cost, subsequently focusing on reducing manufacturing costs to meet this target.

Return on Investment

A financial metric used to evaluate the efficiency or profitability of an investment, calculated by dividing the profit gained from an investment by the cost of the investment.