In an Activity Framework,what Do Controlling Costs Translate Into

question 133

Multiple Choice

In an activity framework,what do controlling costs translate into?

• A)managing activities
• B)reducing direct labour hours
• C)selling more goods
• D)carefully identifying resource drivers

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Definitions:

Salvage Value

An asset's forecasted residual value once it has fulfilled its period of usefulness.

Sales

The total amount of revenue generated from the sale of goods or services by a company.

Net Present Value Method

A financial analysis tool used to evaluate the profitability of an investment by determining the present value of expected future cash flows.

Working Capital

The difference between a company's current assets and its current liabilities, indicating short-term financial health.