Managerial Accounting Game 4
Multiple Choice Theory QuestionsChoose the best answer
Created Date
11.04.21
Last Updated
11.04.21
Viewed 10 Times
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Topics of this game:
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The cost of a machine purchased last year and used in the production process is called a(n):
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Which of the following would NOT be relevant in a make-or-buy decision?
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Which of the following should NOT be considered for every option in the decision process?
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What is always the question to ask to determine if revenues or costs are relevant?
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Differential cost is: _____
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In the decision to replace an old machine with a new machine, which of the following would be considered a relevant cost?
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The decision to drop or stop a product line should be based on ______
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To maximize total contribution margin, a firm should promote products ______
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Two or more products produced from a common input are termed:____
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In a decision to "sell or process further", a manager should base the decision on _____
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Costs that are always relevant in decision-making are ______
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When making decisions: _____________
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For decision making, a listing of the relevant costs: _____
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Opportunity costs are: _____
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In a "sell or process further decision", which of the following costs are relevant?
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