A high level of precision between resources used and output produced exists with:
A)engineered costs
B)discretionary costs
C)both engineered and discretionary costs
D)neither engineered nor discretionary costs

Question

Quizplus · Accepted Answer

Engineered costs are costs that can be precisely traced to a specific product, service or activity. These costs are often used in manufacturing processes and involve a high level of precision between resources used and output produced. Discretionary costs, on the other hand, are costs that are not directly tied to a specific product or service and can be adjusted or eliminated at management discretion. Therefore, the answer is A) engineered costs.

A High Level of Precision Between Resources Used and Output