When a Company Is Choosing Between Different Types of Volume

question 53

Multiple Choice

When a company is choosing between different types of volume based cost drivers, which of the following factors suggest the use of outputs as a cost driver?
i. The company has only one product.
ii. The company is labour intensive.
iii. The company uses large quantities of direct materials.

• A) i
• B) i and iii
• C) ii
• D) ii and iii

Critically evaluate the limitations and critiques of systems theory in organizational analysis.

Illustrate the application of systems concepts through real-world organizational situations.

Differentiate between the mechanistic and organic views of organizations as described by systems theorists.

Understand the fundamental principles of systems theory.

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Definitions:

Variable

A symbolic name associated with a value and whose associated value may be changed during the course of program execution.

Implicit Type Coercion

The automatic conversion of a value from one data type to another by the compiler, often for compatibility in operations.

Data Type

A classification identifying one of various types of data, such as integer, floating-point, or string, that determines the possible values for that type.

Single Line Comments

A programming convention used to annotate code with explanations or notes, not executed by the compiler or interpreter.