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_____ is the process of measuring products servicesand activities against the best levels of performance.

An accountant may have difficulty classifying costs asfixed or variable because _____.a.costs may behave in a nonlinearwayb.costs may be affected by more thanone cost driverc.the decision […]

Where a specific product is the cost object thematerials used to manufacture the productwould probably beclassified as a(n) _____.

Costs that change abruptly at intervals of activitybecause the resources and their costs come in indivisible chunksare called _____.

If the proportions in a sales mix change the_____.a.contribution margin per unitincreasesb.break even point will remainthe samec.cost volume profit relationshipalsochangesd.netincome will not be altered

_____ will decrease a companys break-evenpoint.a.Reducing its total fixedcostsb.Decreasingcontribution margin per unitc. Increasing variable cost perunitd.Decreasing the selling priceper unit

BCOM 275 Complete Course! weeks 1-5

Output measures of both resources and activities are_____.a.cost driversb.stages of productionc.fixed activitiesd.variable activities

Ethical accountants are important to society because _____.a.they pay their taxesb.the information produced isreliablec.theywill not go to prison and waste taxpayers moneyd.none of these answers iscorrect