Which of the following is true of refinement of a costing system?
A) While refining a costing system, companies should identify as many indirect costs as is economically feasible.
B) A homogeneous cost pool will use multiple cost drivers to allocate costs.
C) It reduces the use of broad averages for assigning the cost of resources to cost objects.
D) It is likely to yield the most decision-making benefits when direct costs are a high percentage of total costs.
Answer: C
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From the research summarized in the text, which of the following categories of personal and organizational variables has the greatest impact on sales performance?
A. Aptitude B. Personal characteristics C. Motivation D. Role perceptions E. No one category has the greatest impact
_______ is when a new offering takes a portion of its sales from an existing offering of the firm
a. Cannibalization b. Newness map c. Newness of project d. Newness of market