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Question 2 Complete the following sentences by matching the definitions with the correct terms: square is an approach to control costs by trying continually to make cost savings from one time period to the next during the manufacturing and production stage of the product life cycle. square is a technique for relating overheads to specific production or provision of a service based on the fact that overheads do not just occur but are caused by activities (cost drivers) square a strategic management tool that integrates financial and non-financial measures of performance in a single concise report for the purpose of incorporating performance management within the strategic management process. square is the provision and analysis of management accounting data about a business and its competitors for the purpose of developing and monitoring the business strategies. square is the costing technique that relates to reporting all the costs that will be incurred during the entire life of a product or service. 10 pts

Question 1 Complete the following sentences by matching the definitions with the correct terms: square v is a cost that has an element of both fixed and variable costs. square is a cost that can be identified with a specific cost unit.to the extent that the effect of the cost can be measured in respect of that cost unit. square is an example of a direct cost. v square is an example of a fixed cost. square v is the cost incurred when one course of action prevents an opportunity to derive some benefit from another course of action. 10 pts

Question 4 Operations management is the set of activities that creates value in the form of tangible goods, not services, by transforming inputs into outputs. True False 1

Join Online tech support link (Microsoft Teams Meeting) B Question 37 In process-focused facilities, utilization of facilities is high. True False 1 pts

Question 47 With the "many suppliers"sourcing strategy, the order usually goes to the supplier that offers the highest quality. True False 1 pts