Question 1

Which of the following is descriptive of activity-based responsibility accounting?

Accepted Answer

A)  It assumes that activities can be collected into independent subgroups.
B)  Its focus is the organization.
C)  It assigns responsibility to processes.
D)  Its standards are engineered and tend to be static.

Question 2

Which of the following is NOT a necessary condition for classification as a value-added activity?

Accepted Answer

A)  The activity produces no change of state.
B)  The change of state was not achievable by preceding activities.
C)  Activity enables other activities to be performed.
D)  All of these are necessary conditions.

Question 3

The process of identifying, describing, and evaluating the activities an organization performs is called:

Accepted Answer

A)  Activity inputs
B)  Driver analysis
C)  Activity analysis
D)  Value-added activities

Exam 12: Activity-Based Management

Which of the following is descriptive of activity-based responsibility accounting?

Correct Answer
verified

Which of the following is NOT a necessary condition for classification as a value-added activity?

Correct Answer
verified

The process of identifying, describing, and evaluating the activities an organization performs is called:

Correct Answer
verified

Exam 12: Activity-Based Management

Which of the following is descriptive of activity-based responsibility accounting?

Correct AnswerverifiedShow Answer

Which of the following is NOT a necessary condition for classification as a value-added activity?

Correct AnswerverifiedShow Answer

The process of identifying, describing, and evaluating the activities an organization performs is called:

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified