QUESTION 32

1. Cash increase due to the proceeds from the bond issuance would be found in which section of the statement of cash flows?

   		The accrual activities section
   		The operating activities section
   		The investing activities section
   		The financing activities section

QUESTION 33

1. Which of the following would most likely be classified as a profit center?

   		The automotive division of a large, decentralized corporation
   		The Mt Pleasant branch of the Kohl's department store chain
   		The Parks and Resorts business segment of the Walt Disney Company
   		The accounting department of manufacturing company

QUESTION 35

1. In which section of the balanced scorecard would you track the number of returned products?

   		The financial perspective
   		The internal business process perspective
   		The customer perspective
   		The learning and growth perspective

QUESTION 39

1. The Rubber Division of Morgan Company manufactures rubber moldings and sells them externally for $50. At the current level of production, its variable cost is $20 per unit, and its fixed cost per unit is $7. Morgan's president wants the Rubber Division to transfer 5,000 units to another company division. Assuming the Rubber Division has available capacity for 5,000 additional units, the economic rule would set transfer price as:

   		$27.
   		$50.
   		$7.
   		$20.