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In deciding whether to add or delete a product service ordepartment the salary of the plant manager is an_____.a. avoidable fixed costb. avoidable variable costc. unavoidable […]

A management control system must _____ to achieve maximumbenefits at minimum cost.a. look at the short term onlyb. motivate managers with quarterly bonusesbased on performance c. […]

Identify which of the following statements regardingresponsibility centers is false.a.Responsibility centers usually haveone objective.b.Management control systems monitorresponsibility center objectives.c.Responsibility centers are usuallyclassified according to their financial […]

Jack Bowers has paid off the mortgage on his house and continuesto live in the house. The interest income forgone by not sellingthe house and investing […]

A major benefit of effective budgeting is that _____.

Depreciation is _____.

The product strategy in which companies first determine theprice at which they can sell a new product and then design aproduct that can be produced at […]

_____ is not a primary purpose of a cost management system.a.Providing aggregate measures ofinventory value and cost of goods soldb.Providing cost information forstrategic management decisionsc.Providing cost […]

Identify which of the following statements is a benefit ofdecentralization.a.Top level managers have the bestinformation concerning local conditions.b.Managers acquire decision makingability and other management skills that […]