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4. The following procedure performed by a candy manufacturer is the best example of a product level activity within a manufacturing cost hierarchy:


Select one:


a. Resetting the packaging equipment to wrap a special 36-count Halloween package


b. Developing an advertising campaign for a special Halloween candy


c. Inspecting the quality of the candy produced during one of the special Halloween package production runs


d. Cleaning the mixing machine for the next production run of candy, a special Halloween candy


8. Which of the following factors is not an advantage of preparing operating budgets?


Select one:


a. Improved basis of performance evaluation


b. Improved planning


c. Improved communications


d. Increased employee loyalty


11. Indicate whether each phrase is more descriptive of financial accounting or managerial accounting.


(a) May be subjective


Financial accounting


Managerial accounting



(b) Often used to state corporate goals


Financial accounting


Managerial accounting



(c) Typically prepared quarterly or annually


Financial accounting


Managerial accounting



(d) May measure time or customer satisfaction


Financial accounting


Managerial accounting



(e) Future oriented


Financial accounting


Managerial accounting



(f) Has a greater emphasis on cost-benefit analysis


Financial accounting


Managerial accounting



(g) Keeps records of assets and liabilities


Financial accounting


Managerial accounting



(h) Highly aggregated statements


Financial accounting


Managerial accounting



(i) Must conform to external standards


Financial accounting


Managerial accounting



(j) Special-purpose reports


Financial accounting


Managerial accounting



(k) Decision-making tool


Financial accounting


Managerial accounting



(l) Income statement, balance sheet, and statement of cash flows


Financial accounting


Managerial accounting








Image transcription text

Unit 5: Mathematics of Finance You may use the following formulae S, = P(1 + Tom C. =P(1 + "A P (1 + 100m) - 1 100m How much do you need to deposit weekly into a saving account offering 6% interest compounded weekly if you want to have at least $101000 in the account immediately after the 50th deposit? Select one. O a None of the other alternatives 6 59 720.50 C. $316.81 O d $180.67 e. $194.41

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Image transcription text

us.edu/mod/quiz/attempt.php?attempt=1480478tomid=15756/&page=4 020 Summer 1 Off-campus (SUSLA) - Finite Mathemat rses 520195 SMAT.1315.401 Topic 3 Chapter 6 Test: Mathematics of Finance FM3Y 6.3.3-1 Solve the problem. If a credit card charges 1.3% a month on the unpaid balance, what APR are they charging? Select one: O a. 16.7% O b. 16.9% O c. 16.86 O d. 16.6%% search O # $ W 9 hp port SC.

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My courses > IATH 53 --- Mathematics of Finance Determine the unknown value for the following deferred annuity. The annuity is understood to be an ordinary annuity after the period of deferral. Deferral Periodic payment Interest rate Compounding and payment Term Present Value Period ($) (% ) frequency (years) ($) 41/2 years 550.00 7 Quarterly 4 Select one: Select one: O a. 5574.53 O b. 7400.64 O c. 5400.20 O d. 7618.0

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Image transcription text

Unit 5: Mathematics of Finance You may use the following formulae. P 1 + in On = P (1+ 100m Sn = P (1+ An = 100m 100m 100m How much should you invest today in order to have at least $8,000 in 10 years if simple interest is earned at 6% semi-annually? Select one: O a. $5,000.00 O b. None of the other alternatives. O C. $7,236.75 O d. $6,236.32 O e. $4,547.17 O f. $6,250.48

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