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Arisa [49]
3 years ago
5

Accounting systems that use standards for product costs are called budgeted cost systems. True False

Business
1 answer:
Yuri [45]3 years ago
7 0

Answer:

False.

Explanation:

Accounting systems that use standards for product costs are standard cost systems.

In Financial accounting, various business firms or companies use the standard cost systems to determine the variances or differences between the actual (real) cost of goods produced and the estimated cost for the goods that were produced by the company.

Hence, standard cost systems are used by business firms or companies as a strategic tool or technique for the management and control of costs, budget planning, and analyzing cost management performance at a specific period of time.

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Which of the following describes the management function that includes determining which tasks will be done, who will do them, h
ololo11 [35]

Answer:

Planning management function

Explanation:

Planning is a management procedure which aims to identify objectives for the long term future of an organization and to determine the tasks and resources required in achieving these objectives. Managers should create a business plan or a marketing plan for achieving objectives.

4 0
3 years ago
a strategy involves employing essentially the same strategic theme (low-cost, differentiation, focused, best-cost) in all countr
harkovskaia [24]

The correct answer is option B. Transnational strategy involves employing essentially the same strategic theme in all country markets while allowing some country-to-country customization to fit local market conditions.

In its operations, a transnational strategy makes use of a high degree of local responsiveness and a high degree of global integration. It aims to standardize as much as it can while simultaneously localizing its offerings to each worldwide market. Offering specialized goods and services for regional markets while maintaining a high level of standardization to gain from economies of scale is the aim of multinational strategy.

Large corporations that have a variety of subsidiaries, branches, or offices across numerous international markets frequently employ transnational strategy. Determining what remains constant across all worldwide communications and processes and where local subsidiary adjustments in global marketplaces are changed or authorized presents a difficulty.

Learn more about Transnational strategy at

brainly.com/question/28199118?referrer=searchResults

#SPJ4

5 0
1 year ago
How were the experiences of the urban unemployed and the rural poor similar?
Luba_88 [7]
Both feared a terrible plight, both had debt so bad they lost their houses, farms, etc
8 0
3 years ago
_____ is defined as a strategy in which a firm engages in several different businesses that may or may not be related in order t
Vlad1618 [11]

Answer:

Diversification

Explanation:

The key words here are 'several businesses'. A company engage in many businesses in order to mitigate or reduce its business risk, and also to create and add more value to customers. This offers a far advantage position than a stand alone entities who deal with only one product or service.

6 0
3 years ago
For each cost pool, identify an appropriate cost driver.
nikklg [1K]

Answer:

accounts receivable processing

or

order department

8 0
3 years ago
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