________ Focuses on Reducing Costs During the Manufacturing Stage

question 21

Multiple Choice

________ focuses on reducing costs during the manufacturing stage.

• A) Target costing
• B) Kaizen costing
• C) Cost-plus pricing
• D) Life-cycle costing

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Definitions:

Investing Activities

Transactions involving the purchase or sale of long-term assets and other investments not considered cash equivalents, usually reflected in the cash flow statement of a company.

Cash Dividends

Payments made by a corporation to its shareholders, usually in the form of cash, out of its profits or reserves.

Payable

Refers to an amount of money that a company owes to its creditors or suppliers, to be paid at a later date.

Accounts Receivable

Money owed to a business by its customers for goods or services delivered on credit.