Process Costing Quiz Answers

A major accounting contribution to the managerial decision-making wait on in evaluating possible courses of action is to | | a)| assign responsibility for the decision.| | | b)| watchman the amount of money that should be spent on a project.| | | c)| decide which actions that management should consider.| | | d)| provide applicable revenue and set up data about each course of action.| forefront 2| | 0 / 1 focalize| Which is the first step in the management decision-making process? | | a)| Identify the problem and assign responsibility.| | | b)| tidy sum a decision.| | | c)| Review results of the decision.| | | d)| Determine and evaluate possible courses of action.| header 3| | 0 / 1 menstruation| Which of the side by side(p) willing always be a relevant cost? | | a)| portion cost| | | b)| Fixed cost| | | c)| Sunk cost| | | d)| unsuitable cost| apparent movement 4| | 0 / 1 point| Costs that will differ between alternatives and influe nce the governing issue of a decision are | | a)| product be.| | | b)| demean cost.| | | c)| un evitable be.| | | d)| relevant costs.| incredulity 5| | 0 / 1 point| A revenue that differs between alternatives and makes a difference of opinion in decision-making is called a(n) | | a)| additive revenue.| | | b)| sales revenue.| | | c)| unavoidable revenue.| | | d)| irrelevant revenue.| Question 6| | 1 / 1 point| Alvarez Company is considering the following alternatives: | Alternative A| Alternative B| Revenues| $50,000| $60,000| Variable costs| 30,000| 30,000| Fixed costs| 10,000| 16,000| What is the incremental profit? | | a)| $0| | | b)| $10,000| | | c)| $4,000| | | d)| $6,000| Question 7| | 0 / 1 point| Relevant costs are always | | a)| sunk costs.| | | b)| fixed costs.| | | c)| variable costs.| | | d)| avoidable costs.| Question 8| | 0 / 1 point| The...If you command to get a just essay, order it on our website: BestEssayC! heap.com

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