Question 5 (1 point) The presence of "Safety Stock" increases "Carrying Costs" associated with inventory True False Question 6 (1 point) Generally the higher the level of management, the greater the emphasis on long- term performance measures used to formulate the compensation package. True False Question 7 (1 point) By mistake, you've underestimated the % completion for labour in your WIP. As a result, your calculated unit costs for labour using this incorrect information will be underestimated Question 10 (1 point) Tax authorities prefer the following method in setting Transfer Prices due to its simplicity/verifiability. Cost-based Negotiated Institutional Market-based Question 12 (1 point) All successful "price setting strategies" must take into account the "3 C's" (i.e. Costs, Competitors & Customers) True False Question 13 (1 point) Saved For companies thinking of operating plants in different tax jurisdictions where Transfer Prices are in play, your instructor argued that it is best to get an "Advanced Tax Ruling" from the tax authorities to avoid unexpected tax bills making a poor investment due to inaccurate cost information fines for tax avoidance Question 16 (1 point) Fill in the Blank..... "The number of calls by/per product to your "customer complaint hotline" is used as a basis for assigning Customer Service department costs to the product lines." This is an example of the cost- allocation criteria fairness or equity benefits received ability to bear cause and effect