Question 41 (1 point) Both the Canadian government (through the passing its Sarbanes-Oxley Acct) and the United States (through the passing its Bill 198) have placed greater responsibility on corporate senior management re. ensuring their organizations financial statements are accurate/representative. True False Question 42 (1 point) Fill in the Blank... "The operating income of each product line is used as a basis for assigning R&D department costs to the product lines." This is an example of the cost-allocation criteria ability to bear fairness or equity benefits received cause and effect Question 43 (1 point) Developing performance measurement & compensation packages for managers of multinationals is complicated by currency exchange fluctuations O different government policies/taxes affecting business all of the listed answers are correct social, economic and cultural differences between different countries Question 44 (1 point) When Company "O" develops new products, it first examines the marketplace for customers' potential product needs/price levels. Company "Q" then undertakes designing a new product that meets those needs at a cost that will deliver an acceptable profit line. The above is a good example of the following pricing strategy Value chain pricing Cost-plus pricing Target pricing Life-cycle pricing Question 45 (1 point) Life-cycle pricing strategies recognize BOTH "unit costs" and "selling prices" can change in either direction, over the life cycle of a product. True False Question 46 (1 point) For the month of July, the manufacturing Company "X"had zero units in beginning inventory of any kind, and started 1,200 units of which.. 700 good units were completed and shipped out: 100 units were in WIP at the end of the month. $100,000 was spent on materials during the month (all incurred at the beginning of the manufacturing process). "Normal spoilage" is budgeted at 30% of the completed & shipped out good units. Inspections occur at the end of the manufacturing process For the month of July "abnormal spoilage" was 400 units 190 units 183 units 210 units