QuizCh12.pdf

QuizCh12.pdf - Managerial Accounting Quiz Chapter 12 1....

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Managerial Accounting Quiz Chapter 12 1. Sunk costs ate costs that have proven to be unproductive. True @ 2. A cost may be relevant for one decision making situaticn but irrelevant for another situation. @' False 3. When a company has a production constraint, total contribution margin will be maximized by emphasizing the products with the highest contribution margin per unit of the constrained resource. G False 4. Costs which can be eliminated in whole or in part if a particular business segment is discontinued are called: A. sunk costs. B. opportunity costs. @ avoidable costs. D. inelevant costs. 5. Which of the following cash flows is relevant in a decision about accepting Alternative X or Alternative Y? A. a cash inflow for Alternative X that is net a cash inflow for Altemative Y. B. a cash inflow that is lost if Alternative X is accepted and is not lost if Alternative Y is accepted. l. a cash outflow that is avoideC if Alternative X is accepted and is not avoided if Alternative Y is accepted. --D
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QuizCh12.pdf - Managerial Accounting Quiz Chapter 12 1....

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