What are the benefits and limitations of activity-based costing (ABC) systems?


Benefits include:

· More accurate product cost information that enables managers to focus on opportunities for continuous improvement.
· More accurate data are provided to managers during planning and budgeting processes.
· Greater ability for managers to control business operations by understanding which activities drive costs.

Limitations include:

· Increased costs to implement and maintain an accurate ABC costing system.

Business

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Which of the following forms of online advertising is expected to grow the most between 2018 and 2022?

A. paid search B. sponsorships C. search engines D. video

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Programs to manage diversity problems in organizations show that:

a. training programs sometimes backfire and increase polarization of attitudes. b. increasing awareness of minority issues is more important than improving communication skills. c. unequal status interactions among different types of people reduces prejudice. d. minority groups should be given different goals within the organization.

Business

If a person believes that he or she has been discriminated against in the workplace, he or she cannot immediately file a lawsuit against the employer

Indicate whether the statement is true or false

Business

Describe how the goal of “quality perfection” is approached by Six Sigma.

What will be an ideal response?

Business