Question: if possible plesse tell me why when false Section - True/False 1. The focus of Lean Manufacturing is to eliminate waste, which is anything that
if possible plesse tell me why when false
Section - True/False 1. The focus of Lean Manufacturing is to eliminate waste, which is anything that does not add value to the end user (customer). a. True 2. b. False The most precise of the three methods of cost assignment is direct tracing since it relies on observable causal relationships. a. True 3. b. False The percentage of variability in the dependent variable explained by an independent variable (i.e. measure of activity output) is called the coefficient of correlation. a. True b. False 4. A number of cost behavior patterns do not follow a linear pattern, instead, they follow a nonlinear cost curve called the learning curve. a. True b. False 5. If applied overhead is lesser than actual overhead, it is called overapplied overhead. a. True b. False 6. Inseparability means that production and consumption are inseparable for services. a. True b. False 7. Companies operating in job-order industries produce a variety of products or jobs that are quite different from each other. a. True 8. b. False In a job-order costing system, direct labor costs assigned to a job are different than the costs assigned to work- in-process inventory. a. True b. False 9. The activity-based management model has two dimensions: a cost dimension and a process dimension. a. True b. False 10. Activity-based responsibility accounting assigns responsibility to processes and uses only nonfinancial measures of performance. a. True b. False Section - True/False 1. The focus of Lean Manufacturing is to eliminate waste, which is anything that does not add value to the end user (customer). a. True 2. b. False The most precise of the three methods of cost assignment is direct tracing since it relies on observable causal relationships. a. True 3. b. False The percentage of variability in the dependent variable explained by an independent variable (i.e. measure of activity output) is called the coefficient of correlation. a. True b. False 4. A number of cost behavior patterns do not follow a linear pattern, instead, they follow a nonlinear cost curve called the learning curve. a. True b. False 5. If applied overhead is lesser than actual overhead, it is called overapplied overhead. a. True b. False 6. Inseparability means that production and consumption are inseparable for services. a. True b. False 7. Companies operating in job-order industries produce a variety of products or jobs that are quite different from each other. a. True 8. b. False In a job-order costing system, direct labor costs assigned to a job are different than the costs assigned to work- in-process inventory. a. True b. False 9. The activity-based management model has two dimensions: a cost dimension and a process dimension. a. True b. False 10. Activity-based responsibility accounting assigns responsibility to processes and uses only nonfinancial measures of performance. a. True b. False
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