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Lindsay purchased a affle ticket for s5. Just before the grandprize drawing two peopletried to buy her ticket. hat is Lindsay's opportu nity cost of

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Lindsay purchased a affle ticket for s5. Just before the grandprize drawing two peopletried to buy her ticket. hat is Lindsay's opportu nity cost of keeping the ram. The first person offered S30, and another offered s9s w ticket? Select one: O A. $65 O B. $95 O C. $90 O D. $60 Which of the following is true regarding a responsibility accounting system? Select one: A. i is designed to measure the performance of managers n terms of contrllable cots B. It can be applied at any level of an organization. OC. It should not hold a manager responsible for costs over which the manager has no influence. O D. It assigns responsibility for costs to the appropriate managerial level that controls those costs. E. All of the above are true. From an economic perspective, a company's profit-maximizing quantity is found where: Select one: 0 A.the marginal c ith the demand curves he marginal ve h m OC. the total cost ourve intersects with the marginal cost ourve O D. the marginal revenue curve intersects with the demand curve. E. the total revenue curve intersects with the average revenue curve. For purposes of decision making, avoidable costs are costs that: Select one: O A. will be incurred in the future based on the alternative chosen. O B. differ between alternatives. O C. were not incurred in the past. D. All of the above are true. E. None of the above is correct. Select the correct statement regarding relevant revenues. Select one: O A. Revenues are not considered relevant in the same way as relevant costs. B. Relevant revenues must differ between the alternatives being considered. O C. Relevant revenues must make a difference in the decision under consideration O D. Past revenues are relevant. 0 E. None of the above statements is true O F. More than one of the above statements are true. Which of the following is a not an advantage of decentralization? Select one: A. Managers are motivated to improve productivity O B. Lower level managers are trained for increased responsibilities O C. Upper-level managers are able to concentrate on important decisions. O D. All of these are advantages of decentralization

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