35)

Maintenance cost is an example of:

a.

True Variable cost

b.

Managed fixed cost

c.

Step variable cost

d.

Committed fixed cost

22)

Process Reengineering includes all of the following steps except:

a.

Constructing a diagram flowcharting the current process

b.

Elimination of non-value-added activities

c.

Elimination of all constraints

d.

Redesigning the process

40)

Marginal costing is also known as:

a.

Direct costing

b.

Direct costing and Variable costing

c.

Variable costing

d.

None of the mentioned