QUESTION 5 The labor rate variance mea standard hours allowed for the actual output O True sures the difference between the actual hourly rate and the standard hourly rate, multiplied by the o False 1 poin QUESTION 6 es the difference between the actual level of activity and the standard The variable overhead efficiency variance measur activity allowed for the actual output, multiplied by the variable part of the predetermined overhead rate. O True O False 1 point QUESTION 7 Return on investment (ROI) equals margin multiplied by sales O True Save All Click Save and Submit to save and submit. Click Save All Answers to save all answers. rch QUESTION 10 When discounted cash flow methods of capital budgeting are used, the working capital required for a project is ordinarily counted as a cash outflow at the beginning of the project and as a cash inflow at the end of the project. False QUESTION 11 Neither the net present value method nor the internal rate of return method can be used as a screening tool in capital budgeting decisions O True O False QUESTION 12 The internal rate of return is computed by finding the discount rate that equates the present value of a project's cash outflows with the present va of its cash inflows. O True O False Click Save and Submit to save and submit. Click Save All Answers to save all answers. 0 Type here to search