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Ask the Tutor ACCA PM
Key Characteristics of services.....
Q1: You need to watch the free lecture - I cannot type it out here :-)
Q2: I am not sure what you mean - the first one should be "input/output analysis". (They are all explained in the free lecture notes)
Q3: It should read ".....is limiting the rate of production". Again the free lecture on throughput accounting will help you.
Q4: Causes cost to change is correct. For example, if the cost driver is the number of set-ups, then the more set-ups there are then the more the cost will be. The free lecture on ABC will help you.
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