In a Time-Driven ABC System, Once the Managers Determine the Cost

question 54

Multiple Choice

In a time-driven ABC system, once the managers determine the cost of per time unit of supplying resources to activities, the next step would be

• A)for managers to determine how long an employee takes to do an activity.
• B)assign costs of a department's resources to the customer who uses the services.
• C)for managers to determine the time it takes to carry out one unit of each kind of activity.
• D)attempt to estimate practical capacity.

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Definitions:

Evolutionary Theory

A scientific theory that explains the diversity of life on Earth by means of natural selection and genetic inheritance.

Evolutionary Perspective

An approach in various fields that explains how aspects of human psychology and behavior can be understood in terms of evolutionary adaptions.

Dual-Process Model

A theory in psychology that explains two different types of cognitive processing: one that is fast, automatic, and non-conscious, and another that is slower, more deliberate, and conscious.

Self-Perception

An individual's awareness of their own characteristics, emotions, and behavior, influenced by their personal experiences and societal feedback.