Managers and Management Accountants Argue That in the Long Run,customers

question 43

Multiple Choice

Managers and management accountants argue that in the long run,customers and products must eventually be profitable on a ________ basis.

• A)product cost
• B)full-cost
• C)variable cost
• D)fixed cost

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Definitions:

Subjective Evaluation

A process of assessing or making judgments based on personal feelings, tastes, or opinions rather than external criteria or factual evidence.

Reproductive Potential

The maximum capacity of an organism to reproduce under optimal environmental conditions.

Economic

Pertaining to the production, consumption, and transfer of wealth within a society or geographical area.

Maleness-femaleness

The continuum of attributes that distinguish between the characteristics traditionally associated with males and females.