Are avoidable costs always relevant costs? Explain.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (8 reviews)
By definition an avoidable cost is one that can b...View the full answer
Answered By
Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Managerial Accounting
ISBN: 978-1259024900
9th canadian edition
Authors: Ray Garrison, Theresa Libby, Alan Webb
Question Posted:
Students also viewed these Managerial Accounting questions
-
Are variable costs always relevant in decision making? Explain.
-
Relevant costs always determine which alternative should be chosen. Do you agree or disagree? Explain.
-
Consider avoidable versus unavoidable costs Opportunity costs are often relevant Strategic issues may include: Quality of the purchased product Delivery responsiveness, technical capabilities, labour...
-
Implement the method contains() for HashST.
-
What case can be made that flexible exchange rates reduce the flow of long-term foreign direct investment? What case can be made that flexible rates might actually lead to more foreign direct...
-
What is the present value of a stream of $390 cash flow that occurs from year 5 through 9? Required rate of return is 7%
-
2 What are the main features of an effective cross-cultural interview? List the features in order of importance.
-
Waterways Corporation is a private corporation formed for the purpose of providing the products and the services needed to irrigate farms, parks, commercial projects, and private lawns. It has a...
-
(6) What is a tax shelter? What are five of the most popular means? Include reference please
-
Prove each of the following statements: a. Breadth-first search is a special case of uniform-cost search. b. Breadth-first search, depth-first search, and uniform-cost search are special cases of...
-
Why should relevant costs be isolated when analyzing a decision situation?
-
Davis Company is considering dropping one of its product lines. What costs of the product line would be relevant to this decision? Irrelevant?
-
1. Why is this a dominant strategy game? 2. How would Nigels choice of strategy be affected if he had instead been involved in a joint crime with Rikki, Kate, Amrita and Dave, and they had all been...
-
What should be the equivalent units of production for (1) Dept M and (2) Dept. P? Can you please show the solutions and answer. Thanks Problem 1 Lee Gon Mfg. Co has its product processed in two...
-
Moullierat Mfg. is considering a rights offer. The company has determined that the ex-rights price will be $95. The current price is $102 per share, and there are 24 million shares outstanding. The...
-
This question involves hypothesis testing. The following numbers will help you answer these questions. The random variable Z ~N(0, 1) is standard normal. P(Z >1.28).1 P(Z1.65) .05 P(Z1.96) .025 P(Z...
-
Human service organizations require strong and effective leadership. Understanding what qualities make up an effective leader and how these qualities can be cultivated is of critical importance for...
-
18. What is the name of the heat treatment performed on a cold worked sample? 19. What is the percent coldwork of a sample with an initial thickness of 11mm and a final thickness of 7mm? 20. Which...
-
As a normal part of tests of controls for cash disbursements, an auditor examines signatures and endorsements on canceled checks, if they're available, looking specifically for unusual items. Give...
-
A stock has had returns of 8 percent, 26 percent, 14 percent, 17 percent, 31 percent, and 1 percent over the last six years. What are the arithmetic and geometric average returns for the stock?
-
Distinguish between the utilitarian philosophy and deontology. Supply an example of a business that has used each to make a decision.
-
Selected sales and operating data for three divisions of different structural engineering firms are given as follows: Required: 1. Compute the return on investment (ROT) for each division using the...
-
Selected sales and operating data for three divisions of different structural engineering firms are given as follows: Required: 1. Compute the return on investment (ROT) for each division using the...
-
Pecs Alley is a regional chain of health clubs. The managers of the clubs, who have authority to make investments as needed, are evaluated based largely on return on investment (ROT). The Springfield...
-
If you purchase a $1000 par value bond for $1065 that has a 6 3/8% coupon rate and 15 years until maturity, what will be your annual return? 5.5% 5.9% 5.7% 6.1%
-
Famas Llamas has a weighted average cost of capital of 8.8 percent. The companys cost of equity is 12 percent, and its pretax cost of debt is 6.8 percent. The tax rate is 22 percent. What is the...
-
The common stock of a company paid 1.32 in dividens last year. Dividens are expected to gros at an 8 percent annual rate for an indefinite number of years. A) If the company's current market price is...
Study smarter with the SolutionInn App