Process Value Analysis (PVA)identifies All Activities of a Production And/or

question 5

Multiple Choice

Process value analysis (PVA) identifies all activities of a production and/or assembly operation for the purpose of

• A)preparing budgets based on activity centers.
• B)determining the value of the process.
• C)replacing cost drivers used in cost assignment analyses with activities.
• D)relating cost assignment to the activities that caused the cost to be incurred.

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Definitions:

Market Share

The portion of a market controlled by a particular company or product, often expressed as a percentage of total sales in that market.

BCG Portfolio

is a strategic business tool developed by the Boston Consulting Group that categorizes a company's products or business units into four types (stars, cash cows, question marks, dogs) based on market growth and market share.

Market Share

The percentage of an industry's total sales that is earned by a particular company over a specific time period, indicating the company's size and competitiveness in the market.

BCG Matrix

The BCG matrix is a framework for analyzing a company's product portfolio based on market growth and market share, categorizing them as stars, question marks, cash cows, or dogs.