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

Which of the Following Activity Performance Measures Is Concerned with Doing

Question 68
Multiple Choice

Which of the following activity performance measures is concerned with doing the activity right the first time it is performed? A) time B) efficiency C) quality D) velocity

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Q 69
What is the term for the time required to produce one unit of a product? A) efficiency B) velocity C) speed D) cycle time
Q 70
What type of product meets or exceeds customer expectations? A) a robust product B) a defective product C) a traditional product D) a quality product
Q 71
Which of the following is a view of conformance that assumes an acceptable range of values exists for each specification or quality characteristic? A) standard B) normal C) common D) traditional
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