To Focus on the Facts That Make a Difference in Their

question 38

Multiple Choice

To focus on the facts that make a difference in their decisions,managers need to know how to eliminate

• A)Avoidable costs.
• B)Non-value added activities.
• C)Irrelevant information.
• D)All of these ans choices are correct.

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Definitions:

Minimum Food Budget

The least amount of money required to cover the basic needs for nutritious food for an individual or family, depending on location and dietary requirements.

General Revenues

Funds collected by the government from various sources, like taxes and fees, that are not earmarked for specific purposes.

SNAP Program

The Supplemental Nutrition Assistance Program, a federal aid program that provides food-purchasing assistance for low- and no-income people living in the United States.

Medicare

A federal health insurance program in the United States for people aged 65 and older, as well as for some younger people with disabilities.