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Problem 1: What is an appropriate practice when implement cost containment initiatives?
Select One
A) Secure organization commitment before taking action
B) Use only industry proven best practices
C) All of the statements
D) Make sure actions are quantifiable and measurable
Problem 2: What information should not be included in a business case ?
A) An explanation of why the initiative is necessary and recommendation
B) Financial and non-financial analysis results
C) The key assumptions behind the initiative
D) A deadline for when the business case must be reviewed and approved or denied
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This individual assignment is based on the TerraCycle Inc.
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A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.
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