Which of the Following Is an Example of Improved Managerial

question 38

Multiple Choice

Which of the following is an example of improved managerial control and decision making under the activity-based resource usage model?

• A)knowing the best way to use excess activity capacity in the system
• B)maximizing individual unit performance
• C)increasing the allocation of costs
• D)focusing on managing costs rather than activities

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Definitions:

Accounts Payable Subsidiary Ledger

A detailed record used to track amounts owed to suppliers or creditors separate from the general ledger.

General Ledger

A comprehensive ledger that contains all the financial accounts of a business, recording every transaction that occurs.

Accounts Receivable Subsidiary Ledger

A detailed ledger that tracks individual transactions with customers, supporting the summary balances shown in the main accounts receivable account.

Accounts Payable

Accounts payable refers to the amounts owed by a company to its creditors for goods or services received that have not yet been paid for.