Question Details

(Solved) (Latest ver. Aug 2020) - Multiple Choice Accounting Questions

Brief item decscription


Item details:

Question:

Choose the correct answer:

9. How is performance evaluated for a profit center?
a. Actual costs incurred compared to budgeted costs.
b. Actual segment margin compared to budgeted segment margin.
c. Comparison of actual and budgeted return on investment (ROI) based on segment margin and assets controlled by the segment.
d. None of the above.

10. Val's travel budget for October was $720, based on her plan to drive 3,000 miles at a cost of $0.24 per mile. During October, she actually drove 2,800 miles at a total cost of $700. A flexed budget performance report would show a variance of:
a. $30 U
b. $50 F
c. $20 F
d. $28 U

11. ______________ can be measured as the income that could have been earned on an asset, based on the potential rate of return that is lost or sacrificed when one alternative use of the asset is chosen over another.
a. Sunk cost
b. Opportunity cost
c. Target cost
d. Allocated cost

12. In a make or buy decision which of the following costs would be considered relevant?
a. Unavoidable costs.
b. Allocated costs.
c. Sunk costs.
d. Avoidable costs.

13. Which of the following is typically not important when calculating the net present value of a project?
a. Method of financing the project.
b. Timing of cash flows from the project.
c. Income tax effect of cash flows from the project.
d. Amount of cash flows from the project.

 







About this question:
STATUS
Answered
QUALITY
Approved
ANSWER RATING

This question was answered on: Sep 16, 2020

PRICE: $11.5

Solution~00011122.zip (18.37 KB)

Buy this answer for only: $11.5

Pay using PayPal (No PayPal account Required) or your credit card. All your purchases are securely protected by PayPal.
SiteLock

Need a similar solution fast, written anew from scratch? Place your own custom order

We have top-notch tutors who can help you with your essay at a reasonable cost and then you can simply use that essay as a template to build your own arguments. This we believe is a better way of understanding a problem and makes use of the efficiency of time of the student. New solution orders are original solutions and precise to your writing instruction requirements. Place a New Order using the button below.

Order Now