Which of These Do Managers Use in Choosing Activities and Cost

question 11

Multiple Choice

Which of these do managers use in choosing activities and cost drivers to include in an ABC system?

• A) Linear programming
• B) Simple regression
• C) Judgment
• D) Activity-based management

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Definitions:

Cumulative Voting

A method of voting in corporate elections that allows shareholders to concentrate all their votes on one candidate as opposed to distributing them among multiple candidates.

Corporate Veil

A legal concept separating the actions and liabilities of a corporation from those of its shareholders or directors.

Personal Liability

The legal responsibility of an individual to settle a debt or pay for damages out of their own assets.

Fraud

The intentional deception made for personal gain or to damage another individual.