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 Osales 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. Osales 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. c) trad traditional costing uses only production volume based drivers while activity based costing uses only non production volume based drivers. O none of these