A Technique for Improving Performance of Activities and Processes That

question 77

Multiple Choice

A technique for improving performance of activities and processes that predicts activity costs as activity output changes is called

• A)value-added reporting.
• B)activity flexible budgeting.
• C)Kaizen costing.
• D)benchmarking.

---

Definitions:

Creditor Beneficiary

A third party that benefits from a contract, especially one to whom a debtor owes a payment or performance.

Debt

An obligation or amount of money owed by one party to another, typically as a result of a loan or credit arrangement.

Contracts

Legally enforceable agreements between two or more parties that create mutual obligations.

Assignee

The party to whom rights or properties are transferred in an agreement or by legal means.