Fin-6313 summer 2013 Global Corporate Finance MULTIPLE CHOICE b 1. Over time‚ the primary main reason for U.S. multinationals to produce outside the U.S. has been to? a) lower costs b) respond more quickly to the marketplace c) avoid trade barriers d) gain tax benefits a 2. The main intent of the multinational organization is to? a.) maximize shareholder wealth b) maximize world production c) minimize
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Final Practice Key 1. Bridget Company uses activity-based costing. The company has two products: A and B. The annual production and sales of Product A is 2‚000 units and of Product B is 3‚000 units. There are three activity cost pools‚ with estimated total cost and expected activity as follows: The overhead cost per unit of Product A under activity-based costing is closest to: A. $6.00 B. $9.60 C. $8.63 D. $13.80 2. Austin Wool Products purchases raw wool and processes it into yarn. The spindles
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Name SOLUTIONS ACCT 1210DL Exam #1-Chapters 1‚ 2 & 4 Spring 2010 Ethical Statement – I ____ _________________ hereby (signature) attest that I completed this exam on my own with no assistance from others. If you e-mail this‚ you MUST include this statement in the body of your e-mail that has the exam attached. 1. Presented below is a list of costs and expenses incurred in the factory by Nu-Way Corporation‚ a manufacturer of recreational vehicles. Complete the following matrix
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the second project will result in smaller earnings reported to shareholders than the first. How might management’s observation influence its choice between the two investment projects? Ans: Sometimes‚ because of the conservatism of financial accounting‚ expenditures that are "investments" are not capitalized‚ but are written off currently‚ depressing current earnings but boosting future earnings. Such a phenomenon may well influence management to prefer projects with short-term benefits at the
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The Nazi policy of eliminating European Jews. The “Final Solution” was introduced to Heinrich Himmler and administered by Adolf Eichmann‚ this resulted in the murder of 6 million Jews in concentration camps between 1941 and 1945. The “Final Solution” and the results of‚ Concentration camps and creation. The “Final Solution” were the ones who created the concentration camps. In the Concentration camps was a place where‚ Jews suffered from starvation‚ labor‚ torture‚ separation from their families
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Hitler’s Final Solution Hitler officially came into power on the 30th of January‚ 1933‚ when he became Chancellor of Germany. Later on in that year‚ the Reichstag‚ the main German legislature‚ passed a decree giving him absolute power. He used this power to ban all political parties in Germany other than his. Many argue this is when Hitler became a dictator. Within months of coming into power‚ Hitler opened the first concentration camp in Dachau‚ Bavaria. The first to be sent here were Hitler’s
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Chapter 16 Managerial accounting concepts and principles 1) Direct costs are identified with and can be traced to a cost object. Indirect costs cannot be identified with or traced to a cost object. 2) Costs by function: A) Product costs consist of manufacturing costs: direct materials‚ direct labor and factory overhead. B) Period costs consist of selling and administrative expenses. 3) A) Prime costs which consist of direct materials and direct labor costs. B) Conversion costs which consist
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BUS216 Exam #2 Review – Discrete Distributions 1. The number of calls coming into a PBX has a mean of 120 calls per hour. What is the probability of no calls in a one-minute interval? .1353 2. A school is sending 18 children to a camp. If 15% of the children in the school are first graders‚ and the 18 children are selected at random from among all 6 grades at the school‚ find the mean and variance of the number of first graders chosen? The mean is 2.7‚ and the variance is 2.3. n
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UNIVERSIDAD CARLOS III DE MADRID Accounting I Mid-term exam March 2012 Name: NIU Group: MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. There is only one correct answer. Grading system: correct answer = 1 point; incorrect answer = -0‚33 points; no answer = 0 points. 1. Which of the following statements is FALSE? a. A proprietorship is a distinct and separate entity from the proprietor from an accounting viewpoint. b. The stable monetary
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Prologue Managerial Accounting and the Business Environment Study Suggestions ( The prologue describes important aspects of the contemporary business environment. While there are no written assignments‚ you should be familiar with the major ideas as background for your study of managerial accounting. HIGHLIGHTS A. In many industries‚ a company that does not continually improve will find itself quickly overtaken by competitors. The text discusses
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