ACCT 212 FINAL MC - PROF KOSS (Liberty University) Exam Already Graded A+
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Course
Acct460
Institution
Acct460
ACCT 212 FINAL MC - PROF KOSS
(Liberty University) Exam Already
Graded A+
what is not needed for a DL budget - Material pricer per pound of
material
three most common tools of financial analysis - horizontal analysis,
vertical analysis, ration analysis
what is a budget that is periodically r...
what is not needed for a DL budget - ✔✔Material pricer per pound of
material
three most common tools of financial analysis - ✔✔horizontal analysis,
vertical analysis, ration analysis
what is a budget that is periodically revised and new periods added to
replace those that have lapsed - ✔✔rolling budget
current assets - current liabilities = - ✔✔working capital
rate yields a net present value of zero for an investment - ✔✔internal rate
of return
when calculating departmental overhead rate, numerators should be -
✔✔total estimated departmental overhead cost
what is the first step in calculating sales mix when resources are
constrained? - ✔✔calculating cm per product, then CM for machine hour
, calculation of payback period when net cash flow is even (equal) - ✔✔cost
of investment/annual net cash flow
cost that is unchanged in total despite changes in volume of activity -
✔✔fixed cost
what are methods to analyze past cost behavior - ✔✔high low, scatter
diagram, regression
balanced scorecard requires managers to think of the company from how
many perspectives? - ✔✔four
which of the following would be an investing activity on cash flow -
✔✔purchase of equipment
department that generates cost without directly generating revenue -
✔✔cost center
investment center ROI formula - ✔✔income/avg invested assets
expenses not easily associated with a specific department are - ✔✔indirect
expense
time value of money concept - ✔✔a dollar today is worth more than a dollar
tomorrow
sales level at which company neither earns a profit nor incurs a loss is -
✔✔break even point
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