In a firm's "waterfall," who is paid after preferred shareholders?

The term that describes the action by which a local building authority permits an inconsistency to the construction, systems or standards within applicable building codes is best known as:

A: An infraction; B: An exemption; C: A permit; D: A variance.

Toyota, Sony, Olympus, and Komatsu are some of the well-known Japanese companies that use target costing, a process which is also known as "design to cost."

Indicate whether the statement is true or false