Exam56.04 - ) 03/04 ( 16/6/2004 : . : : / : ) : ( ) ( : 1....

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: ) 03/04 ( 16/6/2004 : . : : / : ) : ( ) ( : 1. ( ) Management accounting plays a vital role in the achievement of the company goals and objectives. 2. ( ) Management accounting information is used a cross the entire value chain of activities as well as throughout the life cycle of products and services. 3. ( ) Contribution margin is the amount remaining after fixed expenses are deducted from sales. 4. ( ) After fixed expenses are covered, any additional Contribution margin results in net income. 5. ( ) The break-even point can be defined as the point where total contribution margin equals total fixed expenses. 6. ( ) when a company implements ABC, overhead cost often shift from low-volume to high-volume products. 7. ( ) To avoid negative attitudes towards budgets, accountants and top management must demonstrate ho budgets can help each manager and employee achieve better results. 8. ( ) Performance evaluation is difficult when actual activity differs from the planned level of activity. 9. ( ) ROI encourages managers to make profitable investments that would be rejected by managers using residual income. 10 . ( ( . 11 . ( ( . 12 . ( ( . 13 . ( ( . : 1. New tools for managers:---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 2. Management...
View Full Document

Page1 / 10

Exam56.04 - ) 03/04 ( 16/6/2004 : . : : / : ) : ( ) ( : 1....

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online