Thursday, March 12, 2015

60 Free Test Bank for Managerial Accounting 1st Edition by Balakrishnan

There are many exam questions in order to provide students of accounting about managerial accounting. But it does not work so that they can understand all the concepts as well as students always have misunderstanding about managerial accounting and financial accounting. Thus, we are here to help them improve effectively their skills and knowledge by providing a lot of online free questions and full answers from Free Test Bank for Managerial Accounting 1st Edition By Balakrishman. It is comprehensively free for all online practice. Let’s enjoy us now!
Please go to the link below to get full questions and answers:
In applying the four-step decision-making framework, which of the following is a difference in individuals’ and organizations’ decision making process?
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In the planning and control cycle, the Plan stage deals with:
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The value of an option equals its:
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Which of the following statements is false?
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Which one of the following is the best example of an organizational goal?
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Firms promote goal congruence by:
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The owner of a driving range is trying to determine the value of hiring additional part time help. If she is able to hire someone to work in the shop for 15 hours per week for $10 per hour, she estimates that she can teach approximately 10 additional lessons for which she charges $40 per lesson. The value of hiring a new employee is:
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Monitoring to enforce policies and procedures might include:
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Which of the following is not a stage in the planning and control cycle?
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The opportunity cost of any decision option is:
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Which of the following is a reason for forming an organization?
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Which of the following is not one of the four steps in the decision making process?
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In order to make a good decisions, management must rely on:
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In the planning and control cycle, the Implement stage deals with:
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What is the first step in the decision-making process?
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Managerial accounting is a branch of accounting which:
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Janice is traveling to see a friend in New York next month and she is trying to decide whether to fly or take the train. She found a round-trip airline ticket for $170. Janice feels that traveling on the train would be more convenient and she was able to find a ticket for $159, however the total trip time traveling by train will take two hours more than by plane. Janice should:
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Which of the following is the best example of an opportunity cost?
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The proper order for the steps in a planning and control cycle are:
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In the planning and control cycle, the Revise stage deals with:
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Which of the following is not associated with how organizations motivate employees to achieve their goals?
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In the planning and control cycle, the Evaluate stage deals with:
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Which of the following is something owners might do to influence employees to achieve organizational goals?
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The organizational goal of management at Friedman Enterprises is to maximize profits. The goal of individual employees is to maximize their paychecks. One way in which management can try to align these goals would be to:
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Which part of the four step framework for making decisions is linked directly to the formulation of the decision maker’s goals?
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Greg, a college student, knows that the opportunity cost of taking a class this summer is $1,200. This means that:
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John has three options for summer work. He can do lawn work for $100 per week, babysit for $125 per week, or work at the local pool for $175 per week. All of the options would require approximately 20 hours of work per week. In addition, if he chooses to work at the pool, he will incur $20 in gas costs per week. The opportunity cost if he chooses to babysit is:
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