Which of the following is the best reason for considering the acquisition of a nondomestic organization?
Which of the following is the best reason for considering the acquisition of a nondomestic organization?A . Relatively fast market entry.B . Improved cash flow of the acquiring organization.C . Increased diversity of corporate culture.D . Opportunity to influence local government policy.View AnswerAnswer: A
If fixed costs are $350,000, what is the projected total contribution margin?
An organization is projecting sales of 100,000 units, at a unit price of $12. Unit variable costs are $7. If fixed costs are $350,000, what is the projected total contribution margin?A . $350,000B . $500,000C . $850,000D . $1,200,000View AnswerAnswer: B
Which of the following is a key characteristic of a zero-based budget?
Which of the following is a key characteristic of a zero-based budget?A . A zero-based budget provides estimates of costs that would be incurred under different levels of activity.B . A zero-based budget maintains focus on the budgeting process.C . A zero-based budget is prepared each year and requires each...
Evaluate whether the procedures for program change management are adequate.
Evaluate whether the procedures for program change management are adequate.A . 1 onlyB . 1 and 3 onlyC . 2 and 4 onlyD . 1, 3, and 4 onlyView AnswerAnswer: D
Which of the following statements is true regarding the roles and responsibilities associated with a corporate social responsibility (CSR) program?
Which of the following statements is true regarding the roles and responsibilities associated with a corporate social responsibility (CSR) program?A . The board has overall responsibility for the internal control processes associated with the CSR program.B . Management has overall responsibility for the effectiveness of governance, risk management, and internal...
The organization makes exclusive arrangements with the channels.
The organization makes exclusive arrangements with the channels.A . 1 and 3 onlyB . 1 and 4 onlyC . 2 and 3 onlyD . 2 and 4 onlyView AnswerAnswer: A
In order to maximize profit, how much of product Y should the organization produce each month?
An organization produces two products, X and Y. The materials used for the production of both products are limited to 500 kilograms (kg) per month. All other resources are unlimited and their costs are fixed. Individual product details are as follows: Product X Product Y Selling price per unit $10...
The IAA may accept requests from management to perform advisory services regarding how the IT governance of the organization supports the organization’s strategies and objectives.
The IAA may accept requests from management to perform advisory services regarding how the IT governance of the organization supports the organization’s strategies and objectives.A . 1 onlyB . 4 onlyC . 2 and 4D . 3 and 4View AnswerAnswer: C
Organizations use matrix management to accomplish which of the following?
Organizations use matrix management to accomplish which of the following?A . To improve the chain of command.B . To strengthen corporate headquarters.C . To focus better on a single market.D . To increase lateral communication.View AnswerAnswer: D
All of the following are possible explanations for a significant unfavorable material efficiency variance except:
All of the following are possible explanations for a significant unfavorable material efficiency variance except:A . Cutbacks in preventive maintenance.B . An inadequately trained and supervised labor force.C . A large number of rush orders.D . Production of more units than planned for in the master budget.View AnswerAnswer: D