Ans NA LO 2 Bloom K Difficulty Easy Min 1 AACSB Reflective Thinking AICPA BB

# Ans na lo 2 bloom k difficulty easy min 1 aacsb

This preview shows page 44 - 47 out of 47 pages.

Ans: N/A, LO: 2, Bloom: K, Difficulty: Easy, Min: 1, AACSB: Reflective Thinking, AICPA BB: Industry/Sector Perspective, AICPA FN: Measurement, AICPA PC: Problem Solving/Decision Making, IMA: Cost ManagementFOR INSTRUCTOR USE ONLY20 - 44
Cost-Volume-Profit Analysis: Additional Issues156.___________________ is the relative percentage in which a company sells its multiple products.Ans: N/A, LO: 3, Bloom: K, Difficulty: Easy, Min: 1, AACSB: Reflective Thinking, AICPA BB: Industry/Sector Perspective, AICPA FN: Measurement, AICPA PC: Problem Solving/Decision Making, IMA: Business Economics157.When more than one product is sold, the break-even point can be determined by dividing fixed expenses by _______________________.Ans: N/A, LO: 3, Bloom: K, Difficulty: Easy, Min: 1, AACSB: Reflective Thinking, AICPA BB: Industry/Sector Perspective, AICPA FN: Measurement, AICPA PC: Problem Solving/Decision Making, IMA: Business Economics158.When a company has ________________, management must decide which products to make and sell in order to maximize net income.Ans: N/A, LO: 4, Bloom: K, Difficulty: Easy, Min: 1, AACSB: Reflective Thinking, AICPA BB: Industry/Sector Perspective, AICPA FN: Decision Modeling, AICPA PC: Problem Solving/Decision Making, IMA: Business Economics159.___________________ refers to the relative proportion of fixed versus variable costs that a company incurs.Ans: N/A, LO: 5, Bloom: K, Difficulty: Easy, Min: 1, AACSB: Reflective Thinking, AICPA BB: Industry/Sector Perspective, AICPA FN: Measurement, AICPA PC: Problem Solving/Decision Making, IMA: Cost Management160.The _________________________ provides a measure of a company’s earnings volatility and can be used to compare companies.Ans: N/A, LO: 5, Bloom: K, Difficulty: Easy, Min: 1, AACSB: Reflective Thinking, AICPA BB: Industry/Sector Perspective, AICPA FN: Risk Analysis, AICPA PC: Problem Solving/Decision Making, IMA: Business Economicsa161.Under _____________________ all manufacturing costs are charged to, or absorbed by, the product.Ans: N/A, LO: 6, Bloom: K, Difficulty: Easy, Min: 1, AACSB: Reflective Thinking, AICPA BB: Industry/Sector Perspective, AICPA FN: Measurement, AICPA PC: Problem Solving/Decision Making, IMA: Cost Managementa162.Fixed manufacturing costs are treated as period costs under ______________________.Ans: N/A, LO: 6, Bloom: K, Difficulty: Easy, Min: 1, AACSB: Reflective Thinking, AICPA BB: Industry/Sector Perspective, AICPA FN: Measurement, AICPA PC: Problem Solving/Decision Making, IMA: Cost Managementa163.When production exceeds sales, a portion of the _____________________ is deferred to a future period as part of the cost of ending inventory under absorption costing, but not under variable costing.Ans: N/A, LO: 7, Bloom: K, Difficulty: Easy, Min: 1, AACSB: Reflective Thinking, AICPA BB: Industry/Sector Perspective, AICPA FN: Reporting, AICPA PC: Problem Solving/Decision Making, IMA: Business Economicsa164.When units produced exceed units sold, income under absorption costing is ___________ than income under variable costing.Ans: N/A, LO: 7, Bloom: K, Difficulty: Easy, Min: 1, AACSB: Reflective Thinking, AICPA BB: Industry/Sector Perspective, AICPA FN: Reporting, AICPA PC: Problem Solving/Decision Making, IMA: Business EconomicsFOR INSTRUCTOR USE ONLY20 - 45
Test Bank for Financial and Managerial Accountinga165.

#### You've reached the end of your free preview.

Want to read all 47 pages?

• Spring '13
• Moy