Friday, March 20, 2015

79 Free Test Bank for Cost Management Measuring Monitoring and Motivating Performance 2nd Edition by Eldenburg

Cost Management measuring seems to make even Accounting experts confusing by series of regulations and fomulars of measuring methods. To prominate such difficult field requires you a concrece experience background in real cases. The more you try, the experienced you become. That is why we offer you that specialized test which covers all significant parts of cost management measuring tools. With Questions, 79 free test bank for Cost Management Measuring Monitoring and Motivating Performance 2nd Edition by Eldenburg Multiple Choice Questions puts you in cases that occur everyday in a business. Please try it for free, you will realize that hard works of studying Cost Management measuring are absorbed in the most effective way ever. Furthermore, site also provide all cost accounting questions andfree testing database in other fields of accounting in 79 following questions to better your background at anytime. Please remember again practise makes perfect, try our test as much as possible.
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Which of the following is the best example of an internal report that might come from an organization’s information system?
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Cost accounting information is used for
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Uncertainties and biases can affect: I. Organizational vision; II. Core competencies; III. Operating plans.
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Pet Snacks Company has 500 pounds of liver-flavored dog biscuits that are not selling well. The selling price of the biscuits could be reduced from $3.00 to $2.50 per pound. Or, they could be cheese-coated and sold for $4.00 per pound; the additional processing cost would be $0.50 per pound. Cheese-coated biscuits sell very well. Which alternative probably has less uncertainty concerning volume of sales?
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Choosing and implementing a solution to a business problem includes: I. Making trade-offs among alternatives; II. Considering the organization’s strategies; III. Motivating performance within the organization.
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Higher quality reports are more: I. Relevant; II. Understandable; III. Available.
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Which of the following is a type of external report produced by an organization’s information system?
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Information gathered outside the organization includes
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Which of the following is least likely to be an open-ended problem?
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Irrelevant information may be: I. Useful in decision making; II. Internally-generated; III. Accurate
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Which of the following is not true about information in an organization’s databases?
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Which of the following statement about biases is true?
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Which of the following often prevents managers from adequately exploring information before making a decision?
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Biases
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How are organizational strategies related to core competencies?
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Alaska Airlines flies several non-stop flights daily between Los Angeles and Vancouver. Which of the following is an uncertainty associated with this operation?
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Organizational core competencies can include
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Marriott Corporation operates hotels all over the world. Which of the following is the best example of a potential bias associated with its operations?
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Uncertainties
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Which of the following is least likely to be an external report?
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Organizational strategies
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Which of the following influences organizational strategies?
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Managers can make higher-quality decisions by relying on all of the following except
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The process of making higher quality business decisions requires each of the following except
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Which of the following adjectives describes higher quality information? I. Complete; II. Costly to develop; III. Relevant.
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Why is it necessary to identify whether a problem is open-ended?
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How does the use of sophisticated information systems affect managerial decision making?
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Which of the following statements about open-ended problems is true?
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Management decisions require monitoring over time for all of the following reasons except
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Biases
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Accounting information: I. Can be used to guide organizational vision; II. Is a core competency for most companies; III. Can be used to motivate performance.
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Biases may be
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Higher quality decision making processes are less
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An organizational vision is sometimes broken down into: I. Mission statement; II. Core values statement; III. Code of conduct.
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Financial statements are
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Which of the following is an element of an operating plan?
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John is creating next year’s budget for PDC Corporation. He estimates that next year’s sales volume will be 5% higher than this year and that the selling price per unit will remain at $75 per unit. He estimates that cost of goods sold will be $40 per unit, based on a purchase agreement the company has signed with its supplier. The company has done business with the supplier for many years. In creating the budget, which of the following tasks is most likely to be open-ended?
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Uncertainty may hinder a manager’s ability to: I. Adequately define a problem; II. Identify all potential solution options; III. Predict the outcome of various solution options.
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Which of the following statements regarding organizational vision is false?
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Analyzing the strengths and weaknesses of different alternatives includes all of the following except
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