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Please see questions below: QUESTION 29 If ABC Company has a Current Ratio of 2, its Quick Ratio will probava be a lower number (such

Please see questions below:

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QUESTION 29 If ABC Company has a Current Ratio of 2, its Quick Ratio will probava be a lower number (such as 1.5). 0 True 0 False QUESTION 30 When calculating cost variances, if the actual price is less than the standard price, there is an \"unfavorable" variance. QUESTION 31 So long as a product provides a positive oontribution margin, there is some point (level of sales), which, if it can be achieved, will result in a net profit for the company. QUESTION 32 When using the linear regression equation \"Y : a + bx", the letter \"b" represents 0 variable cost per unit. 0 fixed costs. 0 total costs. 0 revenue per unit. QUESTION 33 A balanced scorecard measures performance in a number of areasl one of which is customer focus. Which of the following is the best lagging indicator of customer satisfaction? 0 total sales 0 percentage of customers retained from previous year 0 hours of sales training 0 cycle time for introduction of new service QUESTION 34 The most common ow of product material costs in a manufacturing company is as follows: 0 Raw Materials to WorkinProcess to Cost of Goods Sold to Finished Goods. 0 Raw Materials to WorkinProcess to Finished Goods to Cost of Goods Sold. 0 WorkinProcess to Cost of Goods Sold to Raw Materials to Cost of Goods Sold. 0 Work-in-Process to Finished Goods to Cost of Goods Sold to Raw Materials. QUESTION 35 The actual and standard direct materials costs for producing a specified quantity of product are as follows: Actual: 51,000 pounds at $5.05 per pound Flexible Budget Amount (standard): 50,000 pounds at $5.00 per pound The direct materials price variance is: 0 $50.00 U 0 $2,500 U 0 $2,550 0 0 $1550 0

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