Answered step by step
Verified Expert Solution
Question
1 Approved Answer
I have 8 Multiple Choice question attached. I need answers in 2 hours and 30 minutes. Please only accept if that deadline is do able.
I have 8 Multiple Choice question attached. I need answers in 2 hours and 30 minutes. Please only accept if that deadline is do able.
4. (TCO 4) Which of the following statements regarding the risk associated with R & D activities is incorrect? (Points : 5) The amount of time between the R & D activity and the cash flows from the project does not affect risk. Greater risk is associated with creating new products than with improving existing products. Risk increases as the time between the R & D activity and the cash flows from the project increases. Assessing risk is a vital part of research and development. 7. (TCO 6) The accounting rate of return method is based on _____. (Points : 5) income data the time value of money data market values cash flow data 8. (TCO 6) A project that cost $80,000 with a useful life of 5 years is being considered. Straightline depreciation is being used and salvage value is $5,000. The project will generate annual cash inflows of $21,375. The accounting rate of return is _____. (Points : 5) 26.7% 45.5% 7.8% 18.74% 13. (TCO 7) Sargent.Com plans to sell 2,000 purple lawn chairs during May, 1,900 in June, and 2,000 during July. The company keeps 15% of the next month's sales as ending inventory. How many units should Sargent.Com produce during June? (Points : 5) 1,915 2,200 1,885 Not enough information to determine 14. (TCO 8) A variance that results from expected economic conditions that do not materialize is called what? (Points : 5) Sales variance Planning variance Economic variance Material variance 16. (TCO 9) Which of the following is not a cost classification? (Points : 5) Mixed Multiple Variable Fixed 17. (TCO 9) At the high level of activity in November, 7,000 machine hours were run and power costs were $12,000. In April, a month of low activity, 2,000 machine hours were run and power costs amounted to $6,000. Using the highlow method, what is the estimated fixed cost element of power costs? (Points : 5) $12,000 $6,000 $3,600 $8,400 18. (TCO 10) What do you call a budget report that is prepared to report on unusual events that require immediate attention? (Points : 5) Advance report Special report Unique report Progress reportStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started