which statement is CORRECT?

A.In general, profit potential of an organization increases withgreater competition and stronger potential entrants

B.An organization that is using the cost leadership approach wouldfocus on innovation and R&D.

C.Manufacturing downtimeis a measure of the balanced scorecard's customer perspective

D.All of the other three statement are wrong

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which statement is CORRECT?

A.All the future information is relevant information

B.Company A is operating in its full capacity.Aclient Tom is approachingthe Company to get a one-time-special order.The variable costs (Direct labor, Direct materials, etc) are $8/each unit. If the Company accept Tom's oder, the Company has to stop Jack's order that generates income as $3/each unit. In this situation, the minimumprice the Company should chargethe clientTom is $11/each.

C.I do not like ACCT 312(please do not select this oneas a Correct statement....)

D.Whenthe company makes decisions of dropping and adding customers, the depreciation expense is always irrelevant because it is the sunk cost

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which of the following costs is NOT inventoried when using Absorption costing?

A.electricity consumed in manufacturing process that varies with the level of production

B.advertising fixed costs incurred in manufacturing department for the product

C.straight-line depreciation expense forCEO'scomputer

D.rent on factory building

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Which statement is CORRECT regarding CH21?

A.Ifthe NPV of a project is ($5,000)(negative $5,000), and the required rate of return is 5%, then the project's IRR should be more than 5%.

B.Ifan equipment has net book value of $150. The selling price is $100. Then the relevant cash inflow of selling the equipment will be more than $100 after considering the tax effect on Gain or Loss due to the transaction.

C.AARR method takes all the cash inflows into the calculation and then adjust for the Depreciation expense.

D.The IRR method assumes that project cash flows can be reinvested at the company's required rate of return.

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Which statement is CORRECT?

A.Under the cause and effect criterion, reasonableness is a matter of judgment rather than an operationalcriterion.

B.To reduce distribution-channel costs, a company couldmake fewer customer visits

C.Managers should consider other factors besides the profitability of customers when allocating resources among customers.

D.All customers are equally important to a company and should receive equal levels of attention.

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Which statement is WRONG regarding CH3 CVP analysis?

A.Total revenues and total costs are linear in relation to output units.

B.Selling price varies with demand and supply of the product.

C.The difference between total revenues and total variable costs is called contribution margin.

D.The breakeven point is the quantity of output at which total revenues equal total costs.