Which of the Following Cost Classifications Do Not Apply to Service

question 4

Multiple Choice

Which of the following cost classifications do not apply to service organisations?
i. Direct/indirect
ii. Fixed/variable
iii. Production/non-production
iv. Controllable/uncontrollable

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

Understand the role and impact of analytics in business decision-making.

Recognize the contributors and benefits of crowdsourcing as a decision aid.

Comprehend the concept and application of evidence-based management in organizational decisions.

Identify key companies that have successfully applied analytics and crowdsourcing in their operations.

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Definitions:

Veto Power

The authority possessed by a person or body to unilaterally stop or reject a legislative act or decision.

Congress

The national legislative body of the United States, consisting of two houses: the Senate and the House of Representatives.

Legislation

The act of making or enacting laws. It is the process through which legislatures create statutes and regulations.

Elected President

An individual who has been chosen by voters to hold the presidential office in a democratic system of government.