Value streams are useful in decision-making because:   Multiple Choice   Special orders can be evaluated within the context of the value stream.   They help to highlight improved efficiency in the plant.   Irrelevant costs are identified.   They identify all value-added products and services.   Lean thinking produces costlier products.

Q: Discuss how the strategic management accounting technique target costing could offer Green…

A: Target costing is a strategic cost management technique, it helps in cost reduction of the entity…

Q: ABC systems get more accurate as more activities are identified and analyzed. Critique the following…

A: The statement "A company should look to break its production process into as many activities as…

Q: ent should focus its sales and production efforts on the product or products that will provide the…

A:

Q: To reduce the cost to deliver a product or service to consumers, a company must focus on operational…

A: The objective of an organisation is to reduce cost and improve quality of products. This gives…

Q: how can we use step down cost allocation for ? From service center to mission center

A: Answer

Q: How do functional structures improve a company? Multiple Choice O It allows for quicker decision…

A: A functional structure is a combination of various functional departments which are responsible for…

Q: Activity-based costing tends to pass the cost-benefit test for companies with  A. Operations that…

A: Activity based costing is a type of costing system in which costs are assigned or allocated to all…

Q: Which of the following is not true of the balanced scorecard approach to performance measurement?…

A: A balanced scorecard is a strategic management performance metric that helps companies identify and…

Q: The strategy that the company could take to maintain the competitive advantages are Cost Leadership,…

A: Competitive advantage refers to factors that allow a company to produce goods or services better or…

Q: Mention some ways other than cost-cutting that will improve company operations.

A: When making and analyzing the financial statements of a company we keep an eye on two main…

Q: In service industries, what poses a unique challenge for cost management, requiring clear metrics…

A: In service industries, the unique challenge for cost management that requires clear metrics and key…

Q: n your initial post, summarize the key concepts and benefits of economic order quantity (EOQ).…

A: Economic Order Quantity (EOQ) is a mathematical model used to calculate the optimal quantity of…