x
Info
x
Warning
x
Danger
 / 
 / 
 / 
159) The benefits of adopting ABC/ABM higher for companies in

Question : 159) The benefits of adopting ABC/ABM higher for companies in : 1876958

159) The benefits of adopting ABC/ABM are higher for companies in more competitive markets.

160) The goal of value-engineering is to eliminate all waste in the system by making the company's processes as effective and efficient as possible.

161) Value-engineering is accomplished by eliminating, reducing, or simplifying all non-value added activities, and examining whether value-added activities could be improved.

162) The movement of parts is considered a non-value-added activity.

163) The storage of raw materials is considered a value-added activity.

164) Inspection is considered a non-value-added activity.

165) Non-value-added activities can be described as activities for which the customer is willing to pay.

166) Waste activities is another name for non-value-added activities.

167) Non-value added activities are activities that neither enhance the customer's image of the product or service nor provide a competitive advantage.

168) Value-added activities are activities that could be reduced or removed from the process with no ill effect on the end product or service.

Solution
5 (1 Ratings )

Solved
Accounting 1 Year Ago 10 Views
This Question has Been Answered!
Unlimited Access
Explore More than 2 Million+
  • Textbook Solutions
  • Flashcards
  • Homework Answers
  • Documents
Signup for Instant Access!
Ask an Expert
Our Experts can answer your tough homework and study questions
150233 Accounting Questions Answered!
Post a Question