Question 3 (1 point) True or False: As discussed in this course, department managers are expected to have full "control" over ALL areas of their department's budget. True False Question 4 (1 point) "Behavioural & Technical Consideration" implications should be routinely considered by management accountants to guide their work. An example of this would be utilize budget preparation methodologies that would promote budget "buy in" by department managers routinely search for technology that would economically & accurately track "indirect costs" (thus changing them to "direct costs") all of the listed answers are correct provide reports to front line managers that plainly report on key items necessary to run their departments Question 7 (1 point) True or false: "Normal Costing" techniques typically require end of period adjustments to indirect costs. True False Question 8 (1 point) You need a month ending inventory of 967 finished units. You have a starting inventory of 345 finished units at the beginning of the month. You expect to sell & ship 679 finished units during the month. How many finished units do you need to manufacture during the month to meet theses goals? 57 units 1301 units 633 units 679 units True or False: Successfully implementing an ABC costing system can lead to further efficiencies, as it forces a manager to further scrutinize their department's functions. True False Question 13 (1 point) True or false: Under "variable" costing, as inventories decrease, operating income is higher versus "absorption" costing. True False True or False: The successful implementation of a Quality Program in an organization will eliminate non-conformances True False Question 21 (1 point) A "flexible budget" variance analysis "isolates" variances by taking into account price differences versus budget production/sales volume differences versus budget fixed cost differences versus budget differences in material consumption versus budget