Environmental Internal Failure Costs Would Be Defined as

question 115

Multiple Choice

Environmental internal failure costs would be defined as

• A)costs of activities performed because contaminants and waste have been produced, but not discharged into the environment.
• B)costs of activities carried out to prevent the production of contaminants or waste that could cause damage to the environment.
• C)costs of activities executed to determine if processes, products, and other activities within the firm are in compliance with appropriate environmental standards.
• D)costs of activities performed after discharge of contaminants into the environment.

Identify direct and indirect expenses in a department store setting.

Understand the distinction between cost centers, profit centers, and investment centers in an organizational context.

Calculate and interpret service department charge rates and allocations across divisions.

Evaluate the performance of a manager in a profit center using return on investment (ROI) and residual income.