My Home/ My S/ Term/ Spring 2016 - 4b/ Spr

My home /My courses /Term /Spring 2016 - 4B /SPR16_I_MBA502B_93169 /Week 4 - Responsibility Accounting, Differential Analysis and Product Pricing /Week 4 ExamTop of FormQuestion 31Not yet answeredPoints out of 2.00Flag questionQuestion textThe criteria that results in an allocation of costs that discourages superior management or segment performance isSelect one:a. Ability to bear.b. Cause and effect.c. Benefits received.d. Fairness or impartiality.Question 32Not yet answeredPoints out of 2.00Flag questionQuestion textA budget for planning purposes is more likely to be effective ifSelect one:a. employees and managers at the lower levels are involved in the budgeting process.b. it is done at the end of the budget period.c. it has the approval of the external auditors.d. it is not used to evaluate a manager's performance.Question 33Not yet answeredPoints out of 2.00Flag questionQuestion textA static budget is NOT appropriate for evaluating a manager’s effectiveness in controllingSelect one:a. Variable manufacturing costs.b. Sales (sales manager)c. Fixed selling and administrative costs.d. Fixed manufacturing costs.Question 34Not yet answeredPoints out of 2.00Flag questionQuestion textThe flexible budget for indirect materials at 10,000 direct labor hours is $27,000. If $26,500 of indirect materials costs are incurred at 9,500 direct labor hours, the flexible budget report should