Standard costs:
A. allow a company to practice management by exception.
B. provide management with a basis for performance evaluations.
C. allow a manager to assess the efficiency of operations.
D. if set correctly, can provide a motivational tool for employees.
E. All of the answers are correct.
Answer: E
You might also like to view...
When cause or blame is placed on the individual’s circumstances such as family issues or lack of co-operation from co-workers, this is a case of ______.
a. avoidant behavior b. performance prove behavior c. external attribution d. internal attribution
________ represents a formalization of the measurement of customer expectations of a service compared to perceptions of actual service performance.
A. Service encounter B. Service quality C. Customer delight D. Service excellence E. Moment of truth
Which type of manager would be allowed to decide whether or not new manufacturing equipment should be purchased?
A) Production manager B) Cost center manager C) Profit center manager D) Investment center manager
The manufacturing cycle occurs at the
A) customer/retailer interface. B) retailer/distributor interface. C) distributor/manufacturer interface. D) manufacturer/supplier interface.