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DONE includes answers to these exercises: 1) According to the Financial Executives Institute, one function of controllership is ' 2) Performance reports _ ' 3) Budgets ' 4) Ethical accountants are important to society because ' 5) According to the Institute of Management Accountants' Statement of Ethical Professional Practice, the standard of competence includes: 6) According to the Institute of Management Accountants' Statement of Ethical Professional Practice, the standard of objectivity includes _' 7) Which scorecard function is associated with making non-routine decisions? 8) is the field of accounting that develops information for external decision makers such as stockholders, suppliers, banks, and government regulatory agencies' 9) Launching a new product line is an example of ' 10) The is also called the statement of financial position' 11) The accrual basis of accounting recognizes the impact of transactions on the financial statements in the period when ' 12) The is not one of the three major financial statements' 13) The use of acquisition cost less depreciation in valuing an asset on the balance sheet is the logical result of the _ accounting convention' 14) The accounting convention of guides the relative sophistication of the accounting system' 15) The accounting convention of means selecting the method of measurement that yields the gloomiest immediate results' 16) The statement of cash flows is used for all of the following except _' 17) The difference between a single and multiple step income statement is that a single step income statement ' 18) Sylvester Company requires clients to pay in advance for legal services' One such client made a $4,000 payment on May 1, and Sylvester Company recorded this transaction in the appropriate liability account' As of May 20, the legal services that the client requested had been completed' The May 20 accounting entry will: 19) Output measures of both resources and activities are ' 20) Which of the following is not a cost driver of customer services costs? 21) Which value chain function would include the cost of computer-aided design equipment and cost to develop the prototype of a product? 22) Walnut Corporation sells desks at $480 per desk' The costs associated with each desk are as follows: 23) Hug Me Company produces dolls' Each doll sells for $20'00' Variable costs per unit total $14'00, of which $6'25 is for direct materials and $5'25 is for direct labor' If total fixed costs are $435,000, then the break even volume in dollars is ' 24) If the sales price per unit is $100, the unit variable cost is $75, and total fixed costs are $150,000, then the break even volume in dollar sales rounded to the nearest whole dollar is 25) of approximating cost functions does not involve the analysis of past costs' ' 26) In relation to a cost function, the term reliability means ' 27) The method of measuring cost functions is the least reliable' 28) is a name for a system that first accumulates overhead costs for each of the activities of an organization, and then assigns the costs of activities to the products, services, or other cost objects that caused that activity' 29) The change from traditional costing to activity-based costing may reveal that ' 30) is an example of the external financial reporting purpose of the cost management systems' 31) models are mathematical models of the master budget that can react to any set of assumption about sales, costs, and product mix' 32) Budgets generate negative feelings if they are ' 33) budgeting is when budgets are formulated with the active participation of all affected employees 34) Important factors considered by sales forecasters include all of the following except 35) A gives the expected sales under a given set of conditions' 36) The master budget includes forecasts for all of the following except ' 37) are components of a master budget' 38) The master budget quantifies targets for all of the following except ' 39) Differences between the static budget and the flexible budget are due to ' 40) Costs are allocated for all the following purposes except to ' 41) The use of budgeted service department cost rates protects using departments from 42) Cost allocation base refers to the ' 43) Murphy Company has two service departments, Maintenance and Personnel, as well as two production departments, Mixing and Finishing' Maintenance costs are allocated based on 44) Serena Company has two service departments, Maintenance and Personnel, as well as two production departments, Mixing and Finishing' Maintenance costs are allocated based on square footage while personnel costs are allocated based on number of employees' The following information has been gathered for the current year: 45) Gomez Company has two service departments, Maintenance and Personnel, as well as two production departments, Mixing and Finishing' Maintenance costs are allocated based on square footage while personnel costs are allocated based on number of employees' The following information has been gathered for the current year ' 46) In absorption costing, costs are separated into the major categories of ' 47) is another term for variable costing' 48) When the variable costing method is used, fixed factory overhead appears on the income statement as a ' 49) is the first step in designing a management control system' 50) is (are) the most basic component of a management control system' 51) Identify which of the following is not a characteristic of a management control system' A' A management control system motivates individuals throughout the organization to act in concert' 52) The following information is available for the Peter Company: 53) is a measure of income or profit divided by the investment required to obtain that income or profit' 54) The following information is available for the Peter Company: INF 103 Week 5 Discussion Questions 1 HCS 449 Week 2 Individual Assignment Health Care Industry Paper CIS 207 Week 3 DQ 1 BCOM 275 Week 4 Knowing Your Audience MIS 589 Week 7 dq1-The Wild, Wild Web CJS 210 Week 4 Check Point Women and Minorities in Law Enforcement BUS 505 Week 5 Discussion 2 DBM 380 Course Design Guide Student Version 8 Set 1 MTH 231 Week 2 Individual Assignment Data-Organizing Summarizing Probability and Distribution Worksheet CGD 218 Week 5 Journal Packing Visual Communication IT 238 Set 2 Week 9 Capstone Discussion Question ECON 545 Week 3 DQ 2 Anti-Trust Policy and Microsoft AJS 522 Week 6 DQ 2 ACC 422 Week 4 Individual ENG 102 Entire Course HRM 430 Week 5 dq HRM 599 Week 4 CP Part 2-5 PSY 460 Week 2 DQ 2 XBIS 219 Week 2 CheckPoint A Microfinance MIS SEI 301 Week 2 DQ 2 HSM 270 Week 9 Capstone CheckPoint IT 236 Set 1 Week 9 Completed Web Site Toolwire Analysis Essay QRB 501 Week 3 Learning Team Inventory Proposal Part I Ver 2 CMGT 575 Week 5 DQ 1 FIN 403 Week 3 Blades ACC 306 Week 1 DQ2 Judgment Case 13-9 IT 241 Week 5 Checkpoint IT 237 Latest Version Week 3 CheckPoint Create and add a styles INF 220 Week 1 DQ 2 Organizational Performance COM 450 Week 5 Individual Assignment Ethics and Entertainment Assignment ISCOM 383 Entire Course POS 110 Assignment Civil Liberties and Civil Rights BUS 230 Unit 5 Part 1 ADJ 265 Week 5 Assignment Testimony FIN 366 Week 1 DQ 2 MKT 498 Week 2 DQ 2 PHL 323 Personal Values Development Paper BUS 210 CheckPoint Code of Ethics MKT 455 Week 5 Learning Team Assignment Customer Relationship Management Plan HCR 230 Week 2 CheckPoint Summarizing the Medigap Program FIS 250 Week 3 CheckPoint Underwriting Claims and Reinsurance HCA 230 Week 2 Checkpoint Health Communication Technologies HIS 204 Week 3 Assignment BIS 219 Entire Course ACC 300 Week 4 Learning Team Assignment Managerial and Financial Accounting Paper EDU 675 Week 4 DQ 1 Adjustable Assignments Compacting and Grouping PHI 445 Week 2 Assignment Investment in South Africa Paper WEB 435 Week 4 Homepage Organization MGT 437 Week 3 Discussion Questions 2 PSY 270 Week 4 Checkpoint Suicide Appendix E CRT 205 Entire Course COM 215 Week 3 Grammar Exercise 2 Insructions SEI 300 Week 3 Learning Team Assignment Rough Draft 2 of Instructional Unit 2 BIO 315 Week 4 DQ 4 LTC 328 Week 1 Discussion Questions HSM 270 Week 8 CheckPoint Alternative Funding GBM 489 Week 4 DQs HRM 598 Entire Course MKT 421 Week 5 Learning Team Marketing Plan Final Paper GEN 105 Week 7 Reading and Retention Exercise CJA 374 Week 3 DQs and Summary POL 310 Week 2 Discussion Questions 1 Climate Change PSY 325 Week 1 Assignment Final Paper Topic Selection HCS 449 Week 2 DQ 2 ISCOM 305 Week 4 Learning Team PEMC Business Process Recommendations NR 305 Week 6 TD 2 Assessment of Respiratory Status CJS 220 Week 8 Assignment SCI 228 Week 7 Quiz HCP 220 Pharmacy Calculations Final Exam GLG 101 v3 Week 7 Landscapes SCI 241 Week 2 Discussion Questions COM 321 Week 4 DQ 2 HIS 204 Week 5 DQ 2 MTH 213 Week 2 Individual Assignment Text Problems HIS 301 Week 2 Individual Assignment GEN 200 Week 1 Discussion Questions 2 RDG 350 Week 4 DQs PSY 370 Week 1 Journal Biocycles, Brain Functions, and Learning SOC 320 Week 1 DQ 2 VCT 320 Week 5 Team Assignment Final Project Executive Summary EDU 315 Week 4 Learning Team Assignment Student Rights Individual Group Presentation BUS 681 Week 3 DQ 1 Building Blocks BUS 698 Week 3 Assignment Lean Thinking CJA 334 Week 5 DQs
