Question 6 (Q7) Match each of the following terms with the phrase that most closely describes...

Question 6 (Q7)

Match each of the following terms with the phrase that most closely describes it. Each answer may be used only once.

	1.	Noncontrollable costs
	2.	Opportunity costs
	3.	Supply Chain Management systems
	4.	Sunk costs
	5.	Customer Relationship Management systems
	6.	Variable costs
	7.	Budgets
	8.	Controllable costs
	9.	Direct costs
	10.	Fixed costs
	11.	Incremental costs
	12.	Indirect costs
	13.	Enterprise Resource Planning system

Costs that increase or decrease in total in response to increases or decreases in the level of business activity
Costs that are directly traceable to a product, activity, or department
Costs that a manager can influence
The difference in costs between decision alternatives
Costs incurred in the past that are not relevant to present decisions
Costs that cannot be influenced by a manager
Financial plans prepared by management accountants
Value of the benefits forgone when one decision alternative is selected over another
Costs that cannot be directly traced to a product, activity, or department, or are not worth tracing
Costs that do not change in total with changes in the level of business activity
Systems that prepare a master production schedule and provide support across various other departments of the company
Allows companies and suppliers to share information to improve efficiency in getting inputs
Allows customer data analysis and support, often in online format for customers

Solutions

Expert Solution

Note: No explanations have been provided in the answer below since once we map the options to the question given, question options themselves become the explanation for the answer.

Question Items	Answer Options
A. Costs that increase or decrease in total in response to increases or decreases in the level of business activity	6. Variable Costs
B. Costs that are directly traceable to a product, activity, or department	9. Direct Costs
C. Costs that a manager can influence	8. Controllable Costs
D. The difference in costs between decision alternatives	11. Incremental Costs
E. Costs incurred in the past that are not relevant to present decisions	4. Sunk Costs
F. Costs that cannot be influenced by a manager	1. Noncontrollable Costs
G. Financial plans prepared by management accountants	7. Budgets
H. Value of the benefits forgone when one decision alternative is selected over another	2. Opportunity Costs
I. Costs that cannot be directly traced to a product, activity, or department, or are not worth tracing	12. Indirect Costs
J. Costs that do not change in total with changes in the level of business activity	10. Fixed Costs
K. Systems that prepare a master production schedule and provide support across various other departments of the company	13. Enterprise Resource Planning System
L. Allows companies and suppliers to share information to improve efficiency in getting inputs	3. Supply chain management systems
M. Allows customer data analysis and support, often in online format for customers	5. Customer Relationship management systems

ekkarill92 answered 1 year ago

Next > < Previous

Related Solutions

Match each of the following phrases with the term that it most closely describes it. Each...

Match each of the following phrases with the term that it most closely describes it. Each term will be used only once. job cost sheets materials requisitions receiving report time tickets cost allocation the process by which factory overhead is assigned to a cost object these make up the work in process subsidiary ledger serves as the basis for recording direct labor on a job cost sheet prepared when materials that have been ordered are received and inspected serves as...

QUESTION 1 Match each of the following documents to the correct phrase: - ...

QUESTION 1 Match each of the following documents to the correct phrase: - Purchase Requisition - Purchase Order - Receiving Report - Disbursement Voucher - Voucher Package A. Created when a supplier invoice is approved for payment and identifies the supplier, outstanding invoices, and net amount to be paid. B. Combination of supplier invoice and associated supporting documentation such as purchase order and receiving report required to...

Select the letter of the phrase most closely associated with the term in the list. Question...

Select the letter of the phrase most closely associated with the term in the list. Question 1 options: ?? logical and ?? control variable ?? pre-test loop ?? element ?? assignment operator ?? logical not ?? equality operator ?? scope ?? logical or ?? array ?? iteration ?? subscript ?? post-test loop 1. == symbol 2. describes a while loop 3. value in an array 4. place where something can be called by name 5. fixed-size data structure to store...

Match each intervention strategy to the level of the Ecological Model it most closely corresponds to:...

Match each intervention strategy to the level of the Ecological Model it most closely corresponds to: (½ pt each): A. Intrapersonal B. Interpersonal C. Organizational D. Community E. Policy ____ Incentives and disincentives ____ Health-related services ____ Health education ____ Environmental change ____ Organizational culture ____ Health policy ____ Social support ____ Behavior modification ____ Community mobilization

Match the following terms to the definition that best describes the term. _ Finance _...

Match the following terms to the definition that best describes the term. ___ Finance ___ Equity financing ___ Debt financing ___ Short-term loan ___ Intermediate loan ___ Long-term loan ___ Collateral ___ Interest ___ Unsecured loan ___ Budget ___ Cash budget ___ Capital budget ___ Financial manager ___ Financial plan (a) Loan that matures in one to five years. (b) Assets that a bank accepts...

Match the following terms to the definition that best describes the term. ___ Skimming pricing ...

Match the following terms to the definition that best describes the term. ___ Skimming pricing ___ Distribution ___ Retailers ___ Demand-based pricing ___ Target costing ___ Prestige pricing ___ Odd-even pricing ___ Penetration pricing ___ Cost-based pricing ___ Wholesalers ___ Supply chain Pricing strategy that determines how much to invest in a product by figuring out how much customers will pay and subtracting an amount for profit. Practice of pricing products a few...

Part II. Matching Match each of the following terms with their most appropriate description. A. Target...

Part II. Matching Match each of the following terms with their most appropriate description. A. Target risk B. Countervailing risk C. Synergistic effect 1.The risk scenario which prompts the whole decision process, often reflected by the main objective 2.The risk that arises from the action of managing the target risk 3.Desirable consequence of managing risk other than reducing the target risk

Match each of the terms to the most appropriate statement .....Examples of these include the presence...

Match each of the terms to the most appropriate statement .....Examples of these include the presence of foreign bodies, rippling, compression, and scratches. ..........The microvilli-covered surface of a cell adjacent to a lumen ............The microtubule organizing center associated with mitotic spindle formation. ......Cellular projections with an internal structure of 9X2 +2 microtubules. ......Flat/tubular membranous sacs associated with Endoplasmic Reticulum and Golgi Apparatus ........Cell splitting, as occurs at the end of mitosis .........Made of three types of protein fiber; microfilaments, intermediate...

please match nitrogen from the phrase that best describes it: _Most abundant form of nitrogen _disrupts...

please match nitrogen from the phrase that best describes it: _Most abundant form of nitrogen _disrupts 03-o2 equilibrium and is a greenhouse gas _most oxidized form of nitrogen 1. NO 2. N2 3. N2O 4.NO3 5.HNO2

1-For each of the descriptions given, tell whether this most closely describes TH1 cells, TH2 cells,...

1-For each of the descriptions given, tell whether this most closely describes TH1 cells, TH2 cells, TH17 cells, CD8+ cells, or all T cells. (a) Causes macrophage over-activation leading to granulomas in leprosy (b) Involved in asthma by producing IL-5, a growth factor for eosinophils (c) Produces IL-10, which reduces inflammatory responses (d) Produces IL-17 and IL-22 to protect against some fungal infections (e) Kills tumor cells that have tumor-specific peptides bound to their surface MHC class I molecules (f)...

Subjects