uestion Completion Status 26 27 28 20 30 31 13 15 16 17 18 19 20 21 22 23 24 25 6 7N 10r 11 12 14 1 2 3 QUESTION 11 Due to an eror in processing ievoices, some peodact cests were treated as period costs Which of the fellowing indicates how this error effects the financial stalements, assuming prodaction exceeded sales during the period? Net income is evenstated. Cross margin is overstaled Stockholders oquity is overstated. Ending inventory is understated QUESTION 12 Executive management at Ballard Books is very optimistic about the chain's ability to achieve significant increases in sales in each of the next five years. The company will most benefit if mana high operating leverage cost structure. low operating leverage cost structure. no operating leverage cost structure. medium operating leverage cost structure. QUESTION 13 Expressing plans for a business in financial terms is commonly called operational planning master planning. strategic planning. budgeting QUESTION 14 In the current year, the New Products Division of Testar Company had operating income of $8,000,000 and operating assets of $44,800,000. Testar has set a target return on investment (ROI) of