While doing resource smoothing, the start of noncritical activities are delayed beyond their latest start times (but not beyond their earliest start times) in order to maintain a uniform level of required resources. True False

Q: The cost of maintaining records of Information is an example of cost. Internal failure costa Extemal…

A: Internal Failure Costs- Internal failure costs refers to the cost of product or service which is not…

Q: Properly designed management control systems have both fixed compensation and contingent…

A: Properly designed management control systems typically include both fixed compensation and…

Q: Explain how the activity resource usage model is used in assessing relevancy.

A: Decision making is an important component of every single business. The end results of the…

Q: “The inspection point is the key to the allocation of spoilage costs.” Do you agree? Explain.

A: Spoilage: Spoilage is the defective item at intermediate or final stage. The spoilage goods cannot…

Q: Possible terms: Activity-Based Costing Appraisal or Inspection Costs Batch-Level Activities…

A:

Q: why do managers use IRR for strategic decison more than NPV?

A: Capital Budgeting tools and techniques help managers appraise investment opportunities.  It is…

Q: Which one of the following techniques would most likely be used to analyze reductions in the time…

A: Learning curve is a graphical representation that reports the relationship between cost and the…

Q: Why is it important to distinguish flexible and committed resources?

A: The economic elements that allow one to perform activities are referred to as the resources.…

Q: What type of Risks are exists in the conversion cycle?

A: Cash conversion cycle (CCC) CCC is a tool for tracking the time the company spends to get the cash…

Q: Explain the term Flaws in Project Ranking by IRR?

A: Answer: IRR is nothing but an internal rate of return; it is the rate of discount which makes a…

Q: Define the term accelerated cost recovery system (AC RS)?

A: The AC RS is a method of depreciation. It is used for depreciating the property for tax purposes

Q: Why is the reporting of segment information required? Justify your response. Why is the reporting of…

A: Segment reporting deals with in-detail segment-wise financial reporting in the financial statements…

Q: How can Replacement Analysisbe used when the Required Service Period Is Long?

A: Replacement analysis tells a company about the replacement time of an asset. The asset gets obsolete…

Q: What is modified accelerated cost recovery system (MACRS)?

A: Any fixed asset purchased has a fixed life throughout which it has to be used. Over the course of…

Q: What should be done with any activities that remain incomplete at the time of project closure? Oa…

A: Project closure is the final phase of a project lifecycle, where the project is formally completed,…

Q: An example of activity capacity that is acquired but not used and will not provide future benefits…

A: The question is asking for an example of a type of capacity that a company might acquire but not…

Q: Cost allocation bases are ideally based on a cause and effect basis. That is not always easy when…

A: Cost allocation is the process of assigning or distributing a company's indirect costs to various…

Management by Exception

A manager’s job is a very tough one. A manager needs to look at the various areas of work and as a manager he has to look after two or more important jobs or activities at the same time for the growth of the business. In order to do all these things in an effective manner, a manager must adopt or practice different management styles and tactics.