which statement is CORRECT?

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

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

C.Manufacturing downtime is 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. A client Tom is approaching the 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 minimum price the Company should charge the client Tom is $11/each.

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

D.When the 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 for CEO's computer

D.rent on factory building

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Which statement is CORRECT regarding CH21?

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

B.If an 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 companys 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 operational criterion.

B.To reduce distribution-channel costs, a company could make 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.