Accounting

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1. Incremental analysis involves calculating the difference in revenue and difference in exists between alternatives. (Points: 5)
       True
       False

2. The stretch forth step in the preparation and control process is to (Points: 5)
       enforce the plan.
       construct the plan.
       make decisions based on the evaluation of the results.
       equivalence actual results to the planned results.

3. Opportunity costs are (Points: 5)
       considered to be fixed costs in the short border.
       another term for drop down costs.
       able to be controlled by most impelling managers.
       the value of benefits foregone when one decision is selected over another.

4.  designing the difference in revenue and the difference in cost between decision alternatives is called (Points: 5)
       budgeting production.
       incremental analysis.
       profit planning.
       systems development.

5. Supply chain Management Systems (SCM): (Points: 5)
       computerize inventory control and production planning
       organize activities between a company and its suppliers  
       automate guest service and support.
       allow customers to track their purchase as it is beingness produced.

6.



 A company purchases apparatusry costing $50,000 in October of 2006. Five years later they discover that a better, more efficient machine they could purchase to replace the existing machine. The new machine ordain cost $90,000 and the company has determined that they would be able to cheat the original machine for $30,000. In making the decision closely buying the new machine, how much are total sunk costs? (Points: 5)
       $60,000
       $40,000
       $50,000
       $10,000

7. A job-order costing system is likely to be used by a (Points: 5)
       soft-drink bottler.
       breakfast cereal manufacturer.
       key fruit manufacturer.
       caterer.

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