PRETTEST MANAGERIAL OR ADMINISTRATIVE ACCOUNTING ACG3073.docx - PRETTEST MANAGERIAL OR ADMINISTRATIVE ACCOUNTING ACG3073 QUESTION 1 In the

# PRETTEST MANAGERIAL OR ADMINISTRATIVE ACCOUNTING ACG3073.docx

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PRETTEST MANAGERIAL OR ADMINISTRATIVE ACCOUNTING ACG3073 QUESTION 1 In the decision-making process, administrators typically examine two fundamental factors of: Risk and Investment Capital Risk and Rate of Return Capital Investment and Return Rate Risk and Recovery of acquisition cost 5 points QUESTION 2 A running reason of 4.5 will tell a company's management that: They need to invest excess cash The company is not able to pay its current liabilities Sales are very high The company is paying more for the raw material used than its competitors pay 5 points QUESTION 3 The previous year, Smith Company sold 10,000 units of the only product they have on the market. If sales increase by 15% this year, how will variable and fixed costs per unit be affected? Variable costs and fixed costs per unit will remain constant Variable costs per unit will increase and fixed costs per unit will decrease Variable costs per unit will decrease and fixed costs per unit will remain constant Variable costs per unit will remain constant and fixed costs per unit will decrease 5 points QUESTION 4 1. At Flint, the unit sale price is \$84; the unit variable cost is \$62, and the total fixed costs are \$202,400. What is the Break-even point in number of units? 8,400 9,000 9,200 9,400
5 points QUESTION 5 When calculating the variation (variance) of labor cost, if the standard cost exceeds the current cost, this will represent a variation ____________________ Favorable Unfavorable Standard Current cost of labor 5 points QUESTION 6 An employee is dissatisfied with resolving an ethical dispute in his place of employment.

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