26 Aug Property taxes Building maintena
Direct costs include:
Property taxes
Building maintenance
Training
Labor
2. Price and cost is the same thing to a supply chain professional.
True
False
3.Indirect costs include:
Material and labor
Fixed costs
4.A financial (capital) lease is used to fill a temporary need.
True
False
5.Cost analysis includes examining:
Structure of the industry
Market structure
Technology trends
All of the above
6.All of the following are associated with the Sarbanes-Oxley Act of 2002 except:
Establishes criminal and civil penalties
Requires periodic reporting
Establishes international accounting standards
Accurate financial reporting
7.Lean inventory practices may include all of the following except :
Reduced inventory costs
Expedited shipping costs for missed deliveries
Larger safety stock
Direct spend reduction
8.All of the following are variable costs except:
Direct labor
Property taxes
Material
Sales commissions
9.The elements of cost include all of the following except:
Standards
Direct
Indirect
Goodwill
10.Profit margin equals price minus cost.
True
False
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