The Cost Accounting System That Minimizes Wasteful or Unnecessary Transaction

question 74

Multiple Choice

The cost accounting system that minimizes wasteful or unnecessary transaction processes is:

• A) performance measure.
• B) benchmarking.
• C) budgeting.
• D) lean accounting.

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Definitions:

Required Return

The minimum expected return by investors for investing in a particular security or project, considering the risk involved.

Dividend

A share of profits paid by a company to its shareholders, typically on a regular basis.

ROE

Return on Equity, a measure of financial performance calculated by dividing net income by shareholders' equity, indicating how efficiently a company is using its equity to generate profits.

Dividend Growth Rate

The annualized percentage rate of growth that a particular stock's dividend undergoes over a period of time.