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Managerial Accounting Game 4

Multiple Choice Theory QuestionsChoose the best answer

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

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