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Ali is considering the decision of whether or not to go and study a Master degree. He is currently working as an accountant in XYZ

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Ali is considering the decision of whether or not to go and study a Master degree. He is currently working as an accountant in XYZ Company. He is thinking of getting a Master Degree. If he decided to study the Master Degree, he would expect to earn higher salary than his current one. On the other hand, the study of the Master Degree would force him to take unpaid leave from his current job. Furthermore, Ali recently purchased a new car. For Ali, the unpaid salary when Ali goes to study the Master Degree is referred to as: Select one: a. Opportunity Revenue b. Sunk revenue c. Differential revenue d. Differential cost e. Opportunity cost The management function that focuses on setting out future goals for the organization is referred to as Select one: a. Counseling b. Controlling c. Decision making d. Planning e. Advising Ali's accounting work normally has more focus on future perspective, has be timely and involves preparing segment reports. Ali is most likely to be a: Select one: a. A managerial accountant b. A financial accountant c. A human resource manager d. A marketing manager e. A cost accountant Manufacturing overhead: Select one: a. includes all selling costs. b.includes indirect materials, indirect materials, indirect labor, and factory depreciation. c. is a pool of direct production costs that must somehow be attached to each unit manufactured d. should not be assigned to individual jobs because it bears no obvious relationship to them. e. is easily traced to jobs

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