A cost center where the relationship between inputs and outputs is readily measurable is known as a discretionary cost center.
Correct Answer:
Verified
Q9: Achieving the budget mostly means also achieving
Q10: In zero-based budgeting, managers must justify budget
Q11: The process of considering the effect of
Q12: Kaizen budgeting is designed to improve quality
Q13: The longer cash remains tied up in
Q15: The core of the Beyond Budgeting movement
Q16: Centralised firms are more likely to use
Q17: Planning this year's expenditure based solely on
Q18: In any planning exercise, profit is regarded
Q19: Kaizen costing is a system used for
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents