Question 11 Nor yet answered Marked out of 1.00 P Flag question 11. Which of the following would be the best option to help management reduce budgetary slack? Select one: o a. Incorporate stretch or challenge targets O b. Use external benchmark performance measures c. Award bonuses for achleving budgeted amounts O d. Reduce projected cost targets by 10% across all areas Finis Question 12 Not yet enswered Marked out of 1.CO Flag question Time 12. A maintenance manager is MOST likely responsible for which of the following responsibility centres? Select one: a. revenue centre o b. Investment centre . cost centre o d. profit centre Question 13 Nor yet ansered Marked out of 1.00 P Flag question 13. A manager of a revenue center is responsible for all of the following EXCEPT: Select one: o a. service quality and units sold o b. the acquisition cost of the product or service sold o c. selling price, product mix. and promotional activities d. investments of excess cash Question 14 Not yet answered Marked out of 1.00 P Flag question 14. A manager of a profit center is responsible for all of the following EXCEPT: Select one: O a. sales revenue o b. the cost of merchandise purchased for resale o c. expanding into new geographic areas o d. selling and marketing costs Question 15 Not yet answered Flag question Marked out of 1.00 15. Monica's Mantles has a strategic objective of offering high quality mantles to discerning customers who are prepared to pay a premium price, only if top of the line materials are used to make the mantles. Monica's Mantles has secured lower grade materials at a substantially lower price. Which of the following best assesses this performance action? Select one: a, a good thing, as reduced cost of sales increases gross margin % and is in line with strategic objectives b. a bad thing, as reduced cost of sales may increase gross margin %, but it is not in line with strategic objectives o c. a good thing, as it enables price redutions and sales volume increases o d. a bad thing, as profitability will decline