Question
Understand only one can be answered but I give a thumbs up for giving the extra effort. Control of organization is achieved by evaluating the
Understand only one can be answered but I give a thumbs up for giving the extra effort.
Control of organization is achieved by evaluating the performance of:
A. man agers only:
B. Operations only:
C. managers and operations:
D. None of the above
Performance reports facilitate the use of:
A. incremental analysis
B. Man agreement by exception
C. Budgeting
D. Non-monetary data
An example of non-monetary information is the:
A. cost of materials
B. fixed costs for a period of time
C. number of product defects
D. value of the benefit forgone from selecting one alternative over another.
Which of the following is not a characteristic of managerial accounting?
A. it must comply with GAAP.
B. It Stresses future transactions
C. it emphasizes detailed information
D. It is aimed primarily at internal users.
The wages lost when you give up your job to attend school full-time is an example of
A. fixed costs
B. opportunity cost
C. Direct cost
D. Sunk cost
The cost of a machine purchased last year is an example of
A. opportunity cost
B. Variable Cost
C. Fixed Cost
D. Sunk Cost
Assume a company incurs $100,000 for total variable costs and $150,000 for total fixed costs to produce 10,000 units. What would the total cost be to produce 12,000 units?
A. $27,000
B $30,000
C. $250,000
D. $280,000
Company code of ethics aren't always a good guide to ethical behavior because.
A. they often specify what should be done.
B. they often specify what cant be done
C. they focus more on what's right than legal
D. They focus more on cost than on profit.
The top managerial accounting position is held by the:
A. CFO
B. Treasurer
C. controller
D auditor
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