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  1. Topics
  2. Business
  3. Cornerstones of Managerial Accounting Study Set 1
  4. Quiz 7: Activity-Based Costing and Management

What Is the Term for the Process of Choosing Among

Question 63
Multiple Choice

What is the term for the process of choosing among different sets of activities caused by competing strategies? A) activity elimination B) activity reduction C) activity costing D) activity selection

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Q 64
What is the term for the process of decreasing the time and resources required by an activity? A) activity reduction B) activity sharing C) activity elimination D) activity mapping
Q 65
What is the term for increasing the efficiency of necessary activities by using economies of scale? A) activity elimination B) activity sharing C) activity management D) activity selection
Q 66
Which of the following focuses on the relationship of activity inputs to activity outputs? A) quality B) efficiency C) time D) cycle time
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