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Which of the Following Is a Cost Control and Cost

question 1

Multiple Choice

Which of the following is a cost control and cost reduction technique that helps managers control operations by focusing primarily on material costs?


Definitions:

Performance

Conducting or fulfilling an action, task, or function.

Variable Interval

A schedule of reinforcement where a response is rewarded after an unpredictable amount of time has passed.

Reinforcement

Reinforcement is a principle in behaviorism that increases the likelihood of a behavior being repeated, which can be either positive (by adding a pleasant stimulus) or negative (by removing an unpleasant stimulus).

Amount of Time

The duration or span during which an event occurs or an action takes place.

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