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Exam (elaborations)

Exam 4 questions with answers.

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  • Course
  • CIMP - Certificate in Investment Performance Measurement
  • Institution
  • CIMP - Certificate In Investment Performance Measurement

Exam 4 questions with answers.

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  • September 23, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CIMP - Certificate in Investment Performance Measurement
  • CIMP - Certificate in Investment Performance Measurement
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PROFESSORAILAH
Exam 4 questions with answers.
_____ are the costs associated with not choosing the other alternative ANS -opportunity costs



Which type of incurred costs are not relevant in decision-making (i.e., they have no bearing on future
events) and should be excluded in decision-making? ANS -avoidable costs



The managerial decision-making process has which of the following as its third step? ANS -perform a
comprehensive differential analysis of potential solutions



WOTF is sometimes referred to as the "Anti Chain Store Act"? ANS -Robinson-Patman Act



_____ is the act of using another company to provide goods or services that your company requires ANS
-outsourcing



WOTF is a disadvantage of outsourcing? ANS -limiting ability to upsize or downsize production



WOTF is not a qualitative decision that should be considered in an outsourcing decision? ANS -relevant
costs



WOTF is one of the two approaches used to analyze data in the decision to keep or discontinue a
segment? ANS -comparing contribution margins and fixed costs



When should a segment be dropped? ANS -only when the decrease in total contribution margin is less
than the decrease in fixed cost



When operating in a constrained environment, which products should be produced? ANS -products
with the highest contribution margin per unit of the constrained process



Capital investment decisions often involve all of the following expect ANS -short periods of time

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