Activity Based Costing (ABC) is an (36) technique that allows an organization to determine the actual (37) associated with each product and service produced by the organization without regard to the organizational structure. This chapter explains some of the uses and benefits of Activity Based Costing. We use IDEFO (38) modeling in conjunction with ABC to enable more effective business (39) design decisions. In order to achieve the major goals of business process improvement, process simplification and improvement, FAA managers need to fully understand the cost, time, and quality of activities performed by employees or machines throughout an entire organization. ABC methods enable (40) to cost out measurements to business simplification and process improvement.
A. computing
B. campaigning
C. programming
D. accounting
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Activity Based Costing (ABC) is an (36) technique that allows an organization to determine the actual (37) associated with each product and service produced by the organization without regard to the organizational structure. This chapter explains some of the uses and benefits of Activity Based Costing. We use IDEFO (38) modeling in conjunction with ABC to enable more effective business (39) design decisions. In order to achieve the major goals of business process improvement, process simplification and improvement, FAA managers need to fully understand the cost, time, and quality of activities performed by employees or machines throughout an entire organization. ABC methods enable (40) to cost out measurements to business simplification and process improvement.
A. activity
B. quality
C. cost
D. process
Project (24) Management includes the processes required to ensure that the project includes all the work required, and only the work required, to complete the project successfully.
A. Integration
B. Scope
Configuration
D. Requirement
Project Quality Management must address the management of the project and the (27) of the project. While Project Quality Management applies to all projects, regardless of the nature of their product, product quality measures and techniques are specific to the particular type of product produced by the project.
A. performance
B. process
C. product
D. object
Given the estimated decrease in personal profit, what action you should take (46) .
A. Invoice for the full $1,000,000 based on the contract.
B. Add tasks to improve the outcome and increase the actual project cost.
C. Inform the end-user that you can add features to the project in order to use the entire budget.
D. Communicate the projected financial outcome to the project sponsor.