1- Which revenues and costs should be included in a segment evaluation? (Points : 3)

a) Those over which the CEO has control b) Those over which the CFO has control c) Those over which the plant accountant has control d) Those over which the manager has control

2-

What is the difference between a cost center, a profit center, and an investment center? (Points : 3)

a) It only applies to service companies b) It concerns the level of decision making and control the manager has c) It is relevant only to manufacturing companies d) It varies based on the type of product sold and services provided to customers

3-

Which can be included in financial ratios? (Points : 3)

a) Capital, liquidity, leverage, and market measures b) Working capital, leverage, profitability, and market measures c) Liquidity, leverage, profitability, and market measures d) Liquidity, leverage, profitability, and common stock measures

4-

Which is the totaled margin for all segments less common fixed expenses equal to? (Points : 3)

a) Operating income b) Gross margin c) Cost of goods sold d) Cost of goods manufactured