The Activity-Based Resource Usage Model Improves Managerial Control and Decision

question 34

Multiple Choice

The activity-based resource usage model improves managerial control and decision making such as

• A)the best way to use excess activity capacity in the system.
• B)maximization of individual unit performance.
• C)increasing the allocation of costs.
• D)focusing on managing costs rather than activities.

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Definitions:

Presentment

The formal presentation of a document such as a check or bill of exchange for payment or acceptance.

Negotiable Instrument

A document that ensures the payment of a specified sum of money, either upon request or at an established date, with the payer's name indicated on it.

Presentment Warranties

Guarantees made by the presenter of a negotiable instrument, such as a check, regarding the legitimacy and authority to transfer the instrument.

Liability

The state of being responsible for something, especially in terms of legal or financial obligations.