Question 56 (1.25 points) When using a standard cost system, which of the following is not a potential behavioral problem associated with using material price variances as a single basis for evaluating the purchasing department? O Using less quantity than needed in the production process. O none of these. O Advantages associated with buying larger quantities of materials than needed. O Advantages associated with buying lower quality materials than standard. O Failure to investigate and determine vendor product quality before purchasing. Question 55 (1.25 points) Balanced Scorecard involves O consideration for the market and customers the company plans to serve O consideration for the critical internal process needed to compete. O consideration for the individual and organizational capabilities needed to compete. O all of the above. Question 54 (1.25 points) Managerial sub-strategies for separating ROI into two parts is based on O sales to net income ratio and investment to net income ratio. Onet income to investment ratio and sales dollars to costs ratio. O return on investment ratio and residual income ratio. O sales to investment ratio and net income to sales ratio. O none of these. Question 53 (1.25 points) A key distinction between how traditional job order costing and activity based costing treat manufacturing overhead costs is that O traditional cost allocations are usually based on a plant wide overhead rate, while ABC systems use industry-recommended overhead rates. O traditional costing treats only unit level costs as variable, while ABC systems treat unit level, batch level, and product level costs as variable. O traditional costing uses only production volume based drivers while activity based costing uses only non production volume based drivers. O none of these