Selection of target price, understanding customer requirements, improving product designs and use of cross functional teams are considered as aspects of
A. target pricing
B. target costing
C. value engineering
D. all of above
Answer: Option D
Solution(By Examveda Team)
Selection of target price, understanding customer requirements, improving product designs and use of cross functional teams are considered as aspects of target pricing, target costing and value engineering.Related Questions on Management Accounting
A. resourcing
B. value acquiring
C. production
D. value acquaintance
Examining of past performance, exploring alternative and planning future is
A. learning
B. alternating
C. examining
D. deciding
Time that a company takes to create and produce a new product is classified as
A. management factor
B. time factor
C. customer factor
D. chain factor
Purpose of management accounting is to
A. past orientation
B. help banks make decisions
C. help managers make decisions
D. help investors make decision
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