Activity costing (ABC) is an example of:

• A.Inventory classification system.
• B.Generally accepted accounting principles.
• C.Asset cost estimate technique.
• D.Cost allocation technique.

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The United Nations Global Compact uses 10 guiding principles to:

• A.align the needs of businesses to increase profitability and the needs of individual countries to ensure their specific legal requirements are met.
• B.reduce uncertainty for multinational firms regarding legal, import/export, labor, and environmental standards across countries.
• C.help ensure that markets, commerce, technology, and finance promote advancement of economies and societies everywhere.
• D.set minimum levels of compliance across a broad range of transactional areas for businesses operating in multiple geographic regions.

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JIT uses what method to move items through the system?

• A.forward scheduling
• B.backward scheduling
• C.pull
• D.available to promise
• E.push

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QS-9000 is a quality standard for which industry?

• A.retail
• B.grocery
• C.automotive
• D.aerospace
• E.pharmaceuticals

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A main benefit of using customer relationship management (CRM) is:

• A.minimization of product returns.
• B.finding new markets for existing products and services.
• C.identification of customers with high lifetime value.
• D.maximization of on-time delivery.

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