ACG 4341 - Review Sheet - Spring 2012 Multiple Choice Identify the choice that best completes the statement or answers the question. ____ 1. Which of the following defines variable cost behavior? Total cost reactionto increase in activity|Cost per unit reactionto increase in activity| a.|remains constant remains constant| b.|remains constant increases| c.|increases increases| d.|increases
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Chapter 15—Managing Quality and Performance TRUE/FALSE 1. The systematic process of regulating organizational activities to make them consistent with the expectations in plans‚ targets‚ and standards of performance refers to organizational control. ANS: T PTS: 1 DIF: 1 REF: 604 NAT: AACSB: Analytic | AACSB: Operations Management MSC: F 2. Effectively controlling an organization requires information about product standards and actual products‚ as well as actions to correct any deviations
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CASE 46 The Hilton—ITT Wars Professor William Z Ripley of Harvard‚ the leading authority on corporations in the 1920s‚ warned President Calvin Coolidge that "prestidigitation‚ double-shuffling‚ honeyfugling‚ hornswoggling‚ and skulduggery" were threatening the entire economic system. Plus Ca change‚ plus c ’est la même chose.’ —Rand V Araskog‚ CEO of ITT Surprised by the announcement of ITT Corporation’s (ITT) restructuring proposal‚ on July 17‚ 1997‚ Matthew J. Hart‚ the chief financial officer
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References: Needles‚ B. E. (2010). Managerial Accounting. Florida: Cengage Learning. Warren‚ C. S. (2013). Managerial Accounting. Chicago: Cengage Learning.
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Week 11 3 LO10 TRANSFER PRICING • The transfer price affects the income of the buying and selling units and therefore affects: (1) the performance evaluations of both managers and (2) the operating decisions that the managers might make. – If managerial decisions are unaffected and there are no tax complexities involving multinational companies‚ the transfer price has no impact on overall company profit. ACTG 2020 Week 11 4 Setting Transfer Prices
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CHAPTER 2 TEST QUESTIONS True-False 1. The utility created through the basic marketing activities is known as place utility. ANSWER: False‚ Page 40 2. Transportation is the physical movement or flow of goods. ANSWER: True‚ Page 42 3. During the 1990s and 2000s‚ logistics costs as a percentage of gross national product declined. ANSWER: True‚ Page 47 4. An aircraft manufacturer is a good example of an organization with a heavy inbound flow and a simple outbound flow. ANSWER: True
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Fundamentals of Multinational Finance‚ 3e (Moffett) Chapter 1 Globalization and the Multinational Enterprise 1.1 Multiple Choice and True/False Questions 1) Which of the following are critical to a firm trying to reach the top of the "firm value pyramid"? A) an open market place B) high quality strategic management C) access to capital D) all of the above Answer: A Topic: Firm Value Skill: Conceptual 2) A
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Circuit Variables 1 Assessment Problems AP 1.1 To solve this problem we use a product of ratios to change units from dollars/year to dollars/millisecond. We begin by expressing $10 billion in scientific notation: $100 billion = $100 × 109 Now we determine the number of milliseconds in one year‚ again using a product of ratios: 1 year 1 hour 1 min 1 sec 1 year 1 day · · · = · 31.5576 × 109 ms 365.25 days 24 hours 60 mins 60 secs 1000 ms Now we can convert from dollars/year to dollars/millisecond
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route should be omitted from the linear program. Answer: FALSE Diff: 2 Page Ref: 229 Main Heading: The Transportation Model Key words: transportation problem 7) In an unbalanced transportation problem‚ if demand exceeds supply‚ the optimal solution will be infeasible. Answer: FALSE Diff: 2 Page Ref: 229 Main Heading: The Transportation Model Key words: transportation problem 8) The transshipment model includes intermediate points between the sources and destinations. Answer: TRUE
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The Eighth Amendment The 8th Amendment to the Constitution of the United States prohibits cruel and unusual punishment‚ as well as the setting of excessive bail or the imposition of excessive fines. However‚ it has also been deemed unconstitutional by the Supreme Court of the United States (according to the Eighth Amendment)to inflict physical damage on students in a school environment for the purpose of discipline in most circumstances. The 8th Amendment stipulates that bail shall not
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