Question
Please choose the correct answer and NO explanation needed, thank you. Question 1: If a manager is considering shifting the mnufacture of their products to
Please choose the correct answer and NO explanation needed, thank you.
Question 1: If a manager is considering shifting the mnufacture of their products to a different country, what would be some of the implications to consider?
1) What will be the differences in resourece consupmtion?
2) What will be the difference in social impact?
3) What are the implications for transportation-related costs and impacts?
4) All of there choice
Question 2: Which of the following statement is TRUE in relation to special purpose financial statement (SPFS's)?
1) Special purpose financial statement (SPFS's) are financial statements intended for users of finiancial information who are unable to command the preparation of statements tailored to their specific information needs
2) Special purpose finiancial statement ( SPFS's) need to comply with accounting standards
3) Refering to the finiancial statements as 'special purpose finiancial statements' (SPFS's), signals that they comply with the accouting standards and other disclosure requirements typically required of larger organisations.
4) Smaller organisations, with a relatively low level of separation of owners and managers, will generally issue special purpose finiancial statement (SPFS's)
Question 3: Which of the following statements is FALSE in relation to the internal rate of return method for evaluating capital investment decisions?
1) The internal rate of return method considers all expected future cash flow associated with the project
2) The internal rate of return method considers the timing of when the cash flows will occur
3) The internal rate of return method identifies the actual expected interest rate on the project
4) The internal rate of return method considers the various social and environmental impacts that might arise throughout the life of the investment
Question 4: Which of the following transactions should be recognized by a large organisation as income in the current reporting period?
1) An organisation receives $50,000 cash in advance for work that will be performed in the following reporting period
2) An organisation receives $30,000 cash for work that waas carried out and invoiced in the prior reporting period
3) An organisation carries out work and invoices $70,000 for this work in the current reporting period but is not expected to receive the cash until the following reporting period
4) All of these choices
Question 5: Which of the following is an example of a performance measure that would fall under the finiancial perspective of the Balanced Scorecard?
1) Market share
2) Number of new products
3) Total sales
4) None of these choices
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