What is the difference between an intermediate cost center and a final cost center?
What will be an ideal response?
Any cost center whose costs are charged to other departments in the organization is called an intermediate cost center, whereas, a final cost center is one whose costs are not allocated to another cost center.
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In the ______________________________ approach to systems implementation, both the new and old systems operate together for a period of time
Fill in the blank(s) with correct word
Non-programmed decisions are those that are:
A) Programmed by authority B) Not programmed by authority C) Repetitive and routine D) Infrequent
Bottlenecks are
a. useful for identifing any production spot slowdown. b. machine constraints that restrict the production cycle so idle time at other processes occurs. c. restrictions on raw material sources but not the quality of the output. d. machine constraints in the production line.
Good strategy execution requires which of the following?
A. strengthening the competitive environment arena outside the company's operating territory B. a universal business model to raise profits and lower costs C. a planned budget to protect the company's financial condition and eliminate wasteful use of cash D. passive pressures stemming from the dominance of outside market buyers E. putting those resources and capabilities into place, strengthening them as needed, and then modifying them as market conditions evolve