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Commerce · Q401

Costing

Graduate and Post Graduate · Commerce · question 401

Q401

Industrial engineering method is used to analyze relationship between

A.
marketing and financing
B.
price and costs
C.
input and output
Answer
D.
units and batches

Answer: Option C

Solution

Answer: Option C
Solution:
Industrial engineering method is used to analyze relationship between input and output. Industrial engineering method is a physical way of examining the relationship between cost drivers and costs by analyzing the inputs coming into the company, the outputs that are created, and the work that goes into the process.