Which of the Following Is Cost Savings Usually Attributed to Superior

question 95

Multiple Choice

Which of the following is cost savings usually attributed to superior management skills and other difficult-to-measure managerial factors?

• A) Economies of scale
• B) Economies of scope
• C) Economies of synergy
• D) X-efficiencies

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Definitions:

Common Law

A legal system based on judicial precedents and customs rather than statutory laws.

Tort Liability

Legal responsibility that arises from the commission of a tort, which is a civil wrong, such as negligence, that causes harm to another.

Negligence

The failure to exercise a level of care that a reasonably prudent person would in similar circumstances, potentially causing harm or damage.

Sarbanes-Oxley Act

A U.S. federal law enacted in 2002 to protect investors by improving the accuracy and reliability of corporate disclosures in financial statements and other corporate events.