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Grading Summary These are the automatically computed results of your exam. Grades for essay questions, and comments from your instructor, are in the "Details" section below. Date Taken: 5/8/2011 Time Spent: 31 min , 06 secs Points Received: 80 / 80 (100%) Question Type: # Of Questions: # Correct: Multiple Choice 20 20 Grade Details 1. Question : When using the five-step decision process, which one of the following steps should be done first? Student Answer: Choose an alternative Obtain information Implementing the decision Evaluation and feedback Points Received: 4 of 4 Comments: 2. Question : Pearce Sign Company manufactures signs from direct materials to the finished product. This is considered: Student Answer: outsourcing insourcing sunk costing relevant costing Points Received: 4 of 4 Comments: 3. Question : A recent college graduate has the choice of buying a new auto for $20,000 or investing the money for four years with a 6% expected annual rate of return. If the graduate decides to purchase the auto, the BEST estimate of the opportunity cost of that decision is: Student Answer: $1,200 $20,000 $4,800 zero since there is no opportunity cost for this decision Page 1 of 8 Student Gradebook Exam 6/1/2011 https://takeexam.next.ecollege.com/(NEXT(b310c3feb9))/Main/CourseMode/StudentGrade. ..
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Instructor Explanation: $20,000 & 6% & 4 years & $4,800 cost of the opportunity not chosen. Points Received: 4 of 4 Comments: 4. Question : &ow can &isa Braun encourage her salespeople to promote the more profitable model? Student Answer: Provide higher sales commissions for items with the greatest contribution margin per constrained resource. Put all sales persons on salary.
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