Management and Organizational Studies 3370A/B Study Guide - Quiz Guide: List Of Fables Characters, Gross Margin, Variable Cost

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 3370A/B
• Professor: Maria Ferraro

Document Summary

The cost object has no bearing on whether a cost is direct or indirect. To make effective trade-offs among the attributes of performance measures, organizations often: C. select a single performance measure that possesses of the characteristics of an effective performance measure. Finished goods inventory costs represent the costs of goods that are. A. the sum of labour and manufacturing overhead. B. the sum of fixed and variable overhead costs. C. the sum of material, labor, and overhead costs. D. the sum of materials and labour costs. A characteristic of an effective performance measure is that it is easy to understand and communicate. D. real estate taxes on the manufacturing plant. When making a business decision, the value of each alternative must always be expressed in monetary terms. A companys chief executive officer (ceo) reports to __________. B. nobody; the ceo is the head of the company. The organizational goal of management at zhung inc. is to maximize profits.