Once the ________ System Highlights the Cost of Unused Capacity

question 11

Multiple Choice

Once the ________ system highlights the cost of unused capacity as a separate line item,managers are able to pursue a number of options to reduce unused capacity and improve performance.

• A)traditional
• B)information
• C)financial
• D)ABC

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Definitions:

Interest Payable

The amount of interest expense that has been incurred and is owed but has not yet been paid as of the balance sheet date.

Interest Expense

An entity's expense from acquiring funds through loans over a specific time frame.

Notes Payable

Written agreements where a borrower agrees to pay back a sum of money to a lender by a certain date.

Cash

An asset account representing currency or currency equivalents that can be accessed immediately or near-immediately.