Which of the following partial measures of performance does NOT relate to the cost objective?
A) Labour productivity
B) Cycle time
C) Utilisation of resources
D) Efficiency

Question

Quizplus · Accepted Answer

Cycle time is a measure of the time it takes to complete a process or activity. It is not directly related to the cost objective, as it does not consider the resources or expenses involved in the process. Labour productivity, utilisation of resources, and efficiency are all measures that do relate to the cost objective, as they consider the amount of resources used and the value generated from those resources.

Which of the Following Partial Measures of Performance Does NOT