The Type of Product Costing System Used by a Company

question 2

Multiple Choice

The type of product costing system used by a company is determined by the:

• A) production process.
• B) plant supervisor.
• C) project manager.
• D) chief executive officer.

---

Definitions:

Balanced Scorecard

A strategic planning and management system that organizations use to communicate what they aim to accomplish, align day-to-day work with strategy, prioritize projects, and measure and monitor progress.

Dow Jones Sustainability Index

A global index that tracks the performance of the world's leading companies in terms of economic, environmental, and social criteria.

Sustainability

The practice of maintaining processes or states in a way that does not deplete the resources used.

Strategy Map

A visual tool that illustrates how an organization plans to achieve its strategic objectives.