ACCT 331-1 Chapter 16 Hw Exam With
Complete Solutions
The decomposition of the sales variances uses the ____ _____ to analyze changes in sales
over the prior years. - ANSWER Flexible Budget
Which of the following is NOT a key determinants of an organization's productivity?
a.Control of waste
b.Fluctuations in the sales prices
c.Product and process innovation
d.Fluctuations in demand - ANSWER b. fluctuations in the sales prices
The focus on waste and balanced production flows is also called ____ _______. - ANSWER
lean manufacturing
A key determinant of competitiveness in productivity is ______ - ANSWER product and
process innovation
The ratio of output to input is . (Enter only one word per blank.) - ANSWER productivity
,Managers can see how changes in product mix, market size, and market share affect
profits by decomposing the ____ _____variance. - ANSWER sales volume variance
Either the numerator and denominator (or both) is a dollar amount when measuring
______ productivity. - ANSWER financial
Key determinants of an organization's productivity include ______.
Multiple select question.
*process innovation
*fluctuations in demand
*control of waste
*fluctuations in the cost of inputs - ANSWER process innovation
fluctuations in demand
control of waste
Partial productivity measures include output per ______.
Multiple select question.
*machine hours
*labor dollar
*worker
*unit of materials
,dollar value of inputs - ANSWER machine hours
labor dollar
worker
unit of materials
Elements of the Toyota Production System include ____
fluctuations in production levels
process innovation and improvement
good relationships with suppliers
stability in the cost of inputs - ANSWER process innovation improvements
good relationship with suppliers
stable production level
The number of tables manufactured per dollar of manufacturing cost is a(n) ____
productivity measure. - ANSWER total
True or false: Organization productivity is rarely influenced by the business cycle. -
ANSWER false
True or false: Changes in productivity of different resources always occur in the same
direction or at an equal rate. - ANSWER false
, Productivity = _____ ÷______ - ANSWER ouput,input
Number of units manufactured ÷ number of units or cost of a single input is the
formula for ______ productivity.
Multiple choice question. - ANSWER partial productivity
Both the numerator and denominator are physical units when measuring ______
productivity. - ANSWER operational
Past productivity measures of a firm, the productivity of another firm in the same
industry, and the industry standard or average are all examples of ______ used in
assessing productivity - ANSWER benchmarks
The relationship between one of the input factors and the output attained is a(n) ____
productivity measure. - ANSWER partial
Units of output per dollar value of input is a(n) ______ productivity measure. - ANSWER
total
When a firm's productivity of direct material usages improves, its direct labor
productivity _____ - ANSWER may go down
The following information was collected for a company for the past two quarters:
Complete Solutions
The decomposition of the sales variances uses the ____ _____ to analyze changes in sales
over the prior years. - ANSWER Flexible Budget
Which of the following is NOT a key determinants of an organization's productivity?
a.Control of waste
b.Fluctuations in the sales prices
c.Product and process innovation
d.Fluctuations in demand - ANSWER b. fluctuations in the sales prices
The focus on waste and balanced production flows is also called ____ _______. - ANSWER
lean manufacturing
A key determinant of competitiveness in productivity is ______ - ANSWER product and
process innovation
The ratio of output to input is . (Enter only one word per blank.) - ANSWER productivity
,Managers can see how changes in product mix, market size, and market share affect
profits by decomposing the ____ _____variance. - ANSWER sales volume variance
Either the numerator and denominator (or both) is a dollar amount when measuring
______ productivity. - ANSWER financial
Key determinants of an organization's productivity include ______.
Multiple select question.
*process innovation
*fluctuations in demand
*control of waste
*fluctuations in the cost of inputs - ANSWER process innovation
fluctuations in demand
control of waste
Partial productivity measures include output per ______.
Multiple select question.
*machine hours
*labor dollar
*worker
*unit of materials
,dollar value of inputs - ANSWER machine hours
labor dollar
worker
unit of materials
Elements of the Toyota Production System include ____
fluctuations in production levels
process innovation and improvement
good relationships with suppliers
stability in the cost of inputs - ANSWER process innovation improvements
good relationship with suppliers
stable production level
The number of tables manufactured per dollar of manufacturing cost is a(n) ____
productivity measure. - ANSWER total
True or false: Organization productivity is rarely influenced by the business cycle. -
ANSWER false
True or false: Changes in productivity of different resources always occur in the same
direction or at an equal rate. - ANSWER false
, Productivity = _____ ÷______ - ANSWER ouput,input
Number of units manufactured ÷ number of units or cost of a single input is the
formula for ______ productivity.
Multiple choice question. - ANSWER partial productivity
Both the numerator and denominator are physical units when measuring ______
productivity. - ANSWER operational
Past productivity measures of a firm, the productivity of another firm in the same
industry, and the industry standard or average are all examples of ______ used in
assessing productivity - ANSWER benchmarks
The relationship between one of the input factors and the output attained is a(n) ____
productivity measure. - ANSWER partial
Units of output per dollar value of input is a(n) ______ productivity measure. - ANSWER
total
When a firm's productivity of direct material usages improves, its direct labor
productivity _____ - ANSWER may go down
The following information was collected for a company for the past two quarters:
