Examveda
Examveda

Level of used input to achieve a determined level of output is termed as

A. efficiency

B. effectiveness

C. growth evaluation

D. performance evaluation

Answer: Option A

Solution(By Examveda Team)

Level of used input to achieve a determined level of output is termed as efficiency. Efficiency is the (often measurable) ability to avoid wasting materials, energy, efforts, money, and time in doing something or in producing a desired result.

This Question Belongs to Management >> Management Accounting

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