Question 18 Not yet Gearing ratios tend to highlight: answered Marked out of 1.00 The time taken by the business to pay its suppliers The extent to which the business uses borrowings, The efficiency of the business to use certain resources The ability to the business to meet its short term obligations P Flag question Question 16 Not yet At the top of ladder or pyramid of business's planning process is the: answered Marked out of 1.00 P Flag question Strategic goals Operations plans Mission Statement Strategic objectives Question 15 Target costing was developed by: Not yet answered Marked out of 1.00 Flag question Nissan Toyota Cooper and Kaplan Kaplan and Norton 16. Question 14 Not yet Activity-based costing answered Marked out of 1.00 P Flag question uses direct labor as its primary cost driver is a two-stage overhead cost allocation system that identifies activity cost pools and cost drivers can be used only in a job order costing system is the initial phase of converting to ajust in time operating environment Question 19 Not yet A technique that involves the establishment of target costs for each product and each product related activity, starting with the design of the product and culminating with the sale of the product is known as answered Marked out of 1.00 P Flag question Target Costing Process Costing Standard Costing Activity Based Costing 20