F5 P4

F5 P4

Professional Development

35 Qs

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F5 P4

F5 P4

Assessment

Quiz

English

Professional Development

Practice Problem

Easy

Created by

K59 Binh

Used 2+ times

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35 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Q106: Concerning limiting factor analysis, is the statement "If there is one limiting factor, the best contribution would be earned by maximizing the contribution per unit of that limiting factor" TRUE or FALSE?

true'
false'

2.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Q107: Is the statement about depreciation TRUE or FALSE? "Depreciation is not a relevant cost because it is not a cash flow."

true'
false'

3.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Q108: Is the statement about the decision rule for make or buy decisions TRUE or FALSE? "When there are no limiting factors restricting the in-house production capacity, the relevant costs are the differential costs between the two options."

true'
false'

4.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Q109: Regarding outsourcing, is the statement "The outsourcing option is likely to give management more direct control over the work of products or services from external suppliers" TRUE or FALSE?

true'
false'

5.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Q110: Is the statement "A budget is a quantified plan of action for a forthcoming accounting period" TRUE or FALSE?

true'
false'

6.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Q111: Is the statement "Control is not one of the objectives of a budgeting system" TRUE or FALSE?

true'
false'

7.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Q112: Concerning planning, is the statement "Planning forces management to look ahead, to set out detailed plans for achieving the targets for each department, operation, and each manager" TRUE or FALSE?

true'
false'

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