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The following is a list of terms related to managerial accounting practices. 1 . Activity - based costing 2 . Just - in - time
The following is a list of terms related to managerial accounting practices.
Activitybased costing
Justintime inventory
Balanced scorecard
Value chain
Match each of the terms with the statement below that best describes the term.
a
select an appropriate term
A performancemeasurement technique that attempts to consider and evaluate all aspects of performance using financial and nonfinancial measures in an integrated fashion
b
select an appropriate term
The group of activities associated with providing a product or service
c
select an appropriate term
An approach used to reduce the cost associated with handling and holding inventory by reducing the amount of inventory on hand
d
select an appropriate term
A method used to allocate overhead to products based on each products use of the activities that cause the incurrence of the overhead cost
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