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Please answer Dow - A) Cond C) Investment and pre 21) Which of the following Hemdomos from the cost A) Promote endency B) Basis for
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Dow - A) Cond C) Investment and pre 21) Which of the following Hemdomos from the cost A) Promote endency B) Basis for performance evaluation C) Guarantee of accomplishing the profit objective D) Deterrent to waste 22) Net annual cash flow can be estimated by A) adding advertising expense to net income B) adding depreciation expense to net income C) deducting credit purchases from net income. D) deducting credit sales from net income. 23) Companies that sell products whose prices are set by market forces are called 23) A) price setters. B) price leaders. C) price givers. D) price takers. 24) What is a standard cost? 24) A) The total amount that appears on the budget for product costs B) The total number of units times the budgeted amount expected C) The per unit amount management thinks should be incurred to produce a good or service D) Any amount that appears on a budget 25) 25) Which of the following does not appear on the cash budget? A) Cash receipts B) Capital expenditures C) Depreciation expense D) Financing 26) 26) Ideal standards A) reflect optimal performance under perfect operating conditions. B) make allowances for errors and downtime. C) are the standards generally used in a master budget. D) will always motivate employees to achieve the maximum output. 27 27) In time-and-material pricing, a material loading charge covers all of the following except A) related overhead. B) purchasing costs. C) desired profit margin. D) All of these are coveredStep by Step Solution
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