Answers

MR

Answered

When using the indirect approach to write a report,you can include a descriptive synopsis that describes

A) the names,places,and subjects mentioned in the text of the report.
B) what the report is about,without divulging how the report ends.
C) what the report is about,including how the report ends.
D) the content of the entire report for readers who lack the time or motivation to read the report.

On Aug 08, 2024


B
MR

Answered

The fixed overhead budget variance is measured by:

A) the difference between actual fixed overhead cost and applied fixed overhead cost.
B) the difference between budgeted fixed overhead cost and applied fixed overhead cost.
C) the difference between budgeted fixed overhead cost and standard fixed overhead cost.
D) the difference between budgeted fixed overhead cost and actual fixed overhead cost.

On Jul 11, 2024


D
MR

Answered

What is the cash conversion cycle and what does it indicate about the company?

On Jul 08, 2024


It is a measure of how effectively working capital is being managed.It is calculated as days' sales in accounts receivable plus days' sales in inventory less days' payable outstanding.The result is the average time it takes to convert cash outflows into cash inflows.The most efficient companies report cash conversion cycles of 30 days or less.
MR

Answered

Which of the following will show a hostile audience that your message is credible?

A) Use claims that are emotionally based
B) Make promises based on the needs of the audience
C) Incorporate logic,evidence,and compelling narratives
D) Use high pressure and "hard sell" tactics
E) Identify which of the audience's beliefs or attitudes are incorrect

On Jun 10, 2024


C
MR

Answered

Which of the following does NOT have incremental cash flow effects and thus should NOT be considered in capital budgeting decisions?

A) A new product will generate new sales, but some of those new sales will be from customers who switch from one of the firm's current products.
B) A firm must obtain new equipment for the project, and $1 million of costs for shipping and installing the new machinery will be required.
C) A firm has spent $2 million on R&D associated with a new product. These costs have been expensed for tax purposes, and they cannot be recovered if the new project is rejected.
D) A firm can produce a new product, and the existence of that product will stimulate sales of some of the firm's other products.

On Jun 07, 2024


C
MR

Answered

Within the relevant range, variable costs can be expected to:

A) vary in total in direct proportion to changes in the activity level.
B) remain constant in total as the activity level changes.
C) increase on a per unit basis as the activity level increases.
D) increase on a per unit basis as the activity level decreases.

On May 11, 2024


A
MR

Answered

The first-in first-out (FIFO) inventory method results in an ending inventory valued at the most recent cost.

On May 08, 2024


True