Question
1. Which statement is true concerning economic value added (EVA)? a. EVA indicates how much employee wealth is being created by company managers. b. EVA
1. Which statement is true concerning economic value added (EVA)?
| a. | EVA indicates how much employee wealth is being created by company managers. |
| b. | EVA indicates how much shareholder wealth is being created by company managers. |
| c. | EVA indicates how much customer wealth is being created by company managers. |
| d. | EVA indicates how much national wealth is being created by company managers.
|
2. Joint-process cost allocations arise from the need to assign joint-process costs to
| a. | a single product manufactured from a common input. |
| b. | a single product manufactured from two or more common inputs. |
| c. | two or more products manufactured from a common input. |
| d. | two or more products manufactured from two or more common inputs. |
3. The methodology(ies) of allocating joint-process costs is(are) based on
| a. | net realizable value, only. |
| b. | physical measures, only. |
| c. | both net realizable value and physical measures. |
| d. | None of the answers is correct.
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