To provide with an incentive; move to action; impel
What is Motivate
100
costs associated with goods for sale until the time period during which the products are sold, at which time the costs become expenses.
What is Product costs
100
Little standardization
Low Volume
Unique products
ex- Disney
What is JOB SHOP
100
The extra cost incurred to produce one additional unit.
What is Marginal Cost
200
DEVELOPING A DETAILED FINANCIAL AND OPERTIONAL DESCRIPTION OF ANTICIPATED OPERATIONS
What is Planning
200
To give help or support to, especially as a subordinate or supplement; aid
What is assisting
200
costs that are expensed during the time period in which they are incurred
What are Period costs
200
Multiple products
Low Volume
ex- Caterpillar
What is Batch
200
The total cost to produce a quantity divided by the?quantity produced
What is Average Cost
300
RUNNING AN ORGANIZATION ON A DAY-TO-DAY BASIS
What is Directing Operational Activities
300
An evaluation or a basis of comparison on the job one is doing or has completed
What is Measuring performance
300
THE DIFFERENCE IN A COST ITEM UNDER TWO DECISION ALTERNATIVES
What is DIFFERENTIAL COST
300
Few major products
Higher Volume
ex- Ford
What is Assembly Line
300
All costs incurred in the past that cannot be changed by any decision made now or in the future are sunk costs. Sunk costs should not be considered in decisions
What is Sunk Costs
400
ENSURING THAT A ORGANIZATION OPERATES IN THE INTENDED MANNER AND ACHIEVES ITS GOALS
What is Controlling
400
A MODEL OF BUSINESS PERFORMANCE EVALUATION THAT BALANCES MEASURES OF FINANCIAL PERFORMANCE, INTERNAL OPERATIONS, INNOVATION AND LEARNING, AND CUSTOMER SATISFACTION
What is Balanced Score Card
400
THE INCREASE IN COST FROM ONE ALTERNATIVE TO ANOTHER
What is INCREMENTAL COST
400
Many standardized components
High Volume
Customized combination of components
ex- Dell
What is Mass Customization
400
A cost that can be significantly influenced by a manager is a controllable cost