Managerial Accounting - Exam 3

Managerial Accounting - Exam 3

University

14 Qs

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Managerial Accounting - Exam 3

Managerial Accounting - Exam 3

Assessment

Quiz

Business

University

Practice Problem

Easy

Created by

Kayla Ruge

Used 3+ times

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14 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The fist step in management's decision-making process is, "Determine and evaluate possible courses of action."

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Variable costs will change under alternative courses of action, but fixed costs will not

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Decisions involve a choice among alternative courses of action

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The process used to identify the financial data that change under alternative courses of action is called incremental analysis

True

False

5.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Media Image

Determine the target cost for the filter. Target cost per unit $_____

6.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Media Image

Target selling price $____

7.

FILL IN THE BLANK QUESTION

1 min • 1 pt

Media Image

Markup percentage ___%

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