In quality costing, staff training on quality issues would normally be regarded as a form of cost: O A. prevention 0 B. internal failure 0 C. external failure 0 D. appraisal The objective of activity-based costing (ABC) is to derive the cost of production. O A. full 0 B. strategic O C. marginal O D. relevant Kaizen costing aims to reduce costs during the phase of a product's life. O A. production O B. design O C. post-production O D. testingSaltram Lid has the following budgeted sales for May, June and July: May June July Credit sales 60,000 75,000 80,000 Cash sales 72,000 45,000 48,000 60% of credit customers pay after 2 months and 40% pay after 1 month. Those that pay after 1 month receive a 10% discount for prompt payment. During July it is expected that a warehouse will be sold for E100,000 to help pay off the business's overdraft. What are the total budgeted cash receipts for July? O A. $280,000 O B. f228,000 O C. f211,000 O D. f214,000Activity-based costing (ABC) only differs from traditional costing in the manner in which it treats which one of the following? O A. Inventories O B. Employees 0 C. Working capital 0 D. Overheads Total life-cycle costing normally starts from the premise that the life cycle of a product or service has V phases. For some businesses, particularly those engaged in an advanced manufacturing environment, a very high proportion (perhaps as much as 80%) of the total costs incurred over the life of a particular product are either incurred, or committed, at the S phase. pre-production production decommissioning post-production