In Performance Evaluations

question 5

Multiple Choice

In performance evaluations:

• A)the performance of the division prior to the manager assuming control should be considered
• B)economic conditions for the specific industry should not be considered
• C)to have an effective and fair evaluation, a manager should be evaluated over several time periods
• D)Both A and C are correct.

Assess the impact of lean production on process costing and equivalent units of production.

Understand the principles and objectives of activity-based management.

Differentiate between unit-level, batch-level, product-level, and facility-level activities.

Recognize how overhead costs are assigned using plantwide, departmental, and activity-based costing methods.