Which One of the Following Is Not an Effective Strategic

question 13

Multiple Choice

Which one of the following is not an effective strategic corporate contribution program?

• A) it will be based on the longer-term, strategic self-interest of the company
• B) it will have a clearly stated strategy, agreed to by top management
• C) it will have clear, well-defined guidelines
• D) all of the above

---

Definitions:

Direct Labor-Hours

The complete count of hours expended by personnel directly part of the process in making a product or providing a service.

Standard Cost System

An accounting method that uses cost estimates for labor and materials to plan a budget and measure performance.

Fixed Manufacturing Overhead

Costs that do not vary with the level of production, such as rent, salaries, and insurance associated with manufacturing.

Variances

Differences between expected and actual performance in business metrics such as costs, revenues, and production levels.