Why is process value analysis not part of the general ledger accounting system?
Process value analysis currently is not a system used in general ledger accounting. PVA is an element of activity-based management (ABM), which aims at identifying value-adding and nonvalue-adding activities in order to improve management decisions and increase profitability. General ledger accounting focuses on recording actual expenses and income based on past transactions.
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Goods held on consignment should be included in the consignee's ending inventory
Indicate whether the statement is true or false
Sarakose Co. is a U.S. company with sales to Canada amounting to C$5 million. Its cost of materials attributable to the purchase of Canadian goods is C$7 million. Its interest expense on Canadian loans is C$5 million. The dollar value of Sarakose's "earnings before interest and taxes" would ____ if the Canadian dollar appreciates; the dollar value of its cash flows would ____ if the Canadian dollar appreciates.
a. increase; increase b. decrease; increase c. decrease; decrease d. increase; decrease e. increase; be unaffected
Store security relates to both _____
a. insurance and personal security b. personal security and merchandise security c. crisis management and pilferage control d. safety management and crisis management
A firm is comparing two designs for a new product. Data concerning the design for disassembly for both designs are provided in the tables below
Which design appears to be the best environmental design based on revenue retrieval opportunity? Design 1: Component Resale Revenue per Unit Recycling Revenue per Unit Processing Cost per Unit Disposal Cost per Unit A $5.60 $8.90 $3.50 $2.85 B $2.56 $3.67 $3.25 $4.00 C $1.34 $4.32 $0.69 $3.34 Design 2: Component Resale Revenue per Unit Recycling Revenue per Unit Processing Cost per Unit Disposal Cost per Unit A $4.76 $5.68 $6.00 $2.13 B $3.21 $5.28 $2.42 $3.59 C $5.31 $6.98 $2.47 $4.90