Lone Star College

1. The cash budget is usually prepared after the budgeted income statement. FALSE 2. The manufacturing overhead budget is typically prepared before the production budget. FALSE 3. Self-imposed budgets prepared by lower-level managers should be scrutinized by higher levels of management. TRUE 4. The basic idea underlying responsibility accounting is that each manager should be held responsible for the overall profit of the company to ensure that all managers are acting together. FALSE ...

Chapter 01 Managerial Accounting and Cost Concepts 1. Selling costs can be either direct or indirect costs. TRUE 2. A direct cost is a cost that cannot be easily traced to the particular cost object under consideration. FALSE 3. Property taxes and insurance premiums paid on a factory building are examples of period costs. FALSE 4. Conversion cost equals product cost less direct labor cost. FALSE 5. Thread that is used in the production of mattresses is an indirect material that is t...

Chapter 09 -- Performance Measurement in Decentralized Organizations – Study Guide 1. Land held for possible plant expansion would not be included as an operating asset when computing return on investment (ROI). TRUE 2. When used in return on investment (ROI) calculations, operating assets do not include investments in land held for future use and investments in other companies. TRUE 3. A disadvantage of using ROI to evaluate performance is that it encourages the manager to reduce the...

99. Karma Corporation has total assets of $190,000 and total liabilities of $90,000. The corporation's debt-to-equity ratio is closest to: A. 0.4 7 B. 0.9 0 C. 0.5 3 D. 0.3 2 Debt-to-equity ratio = Total liabilities ÷ Stockholders' equity = $90,000 ÷ $100,000* = 0.90 *Stockholders' equity = Total assets - Total liabilities = $190,000 - $90,000 = $100,000 AACSB: Analytic AICPA BB: Critical Thinking AICPA FN: Measurement Blooms: Apply Difficulty: 1 Easy Learning Objective: ...

1. A client with SIADH is admitted with hyponatremia which intervention is most important for the nurse to include in the plan of care to protect the client from injury. Administer a hypertonic iv fluid as prescribed, limit oral water intake, assess neurological status every 8 hours, initiate seizure precautions. 2. The nurse is performing an admission assessment for a newborn who has asymmetrical buttocks .which assessment results should be the nurse report to the HCP? Ortolani maneuver caus...

1. Care of the trauma patient in the field is an evolving science and should be evidence based. As lifelong learners, we must be prepared to adapt our practices based on research. This is because research may lead to which of the following? A. Devalue the importance of the patient B. Eliminate the need for prevention training C. Change in our current practices D. Replace prehospital providers with technology 2. In trauma care, a Principle is defined as which of the following? A. How care...

8th Edition PHTLS Post Test Please respond to each question with the most correct answer from the given choices. There is only one answer for each question. 1. Care of the trauma patient in the field is an evolving science and should be evidence based. As lifelong learners, we must be prepared to adapt our practices based on research. This is because research may lead to which of the following? A. Devalue the importance of the patient B. Eliminate the need for prevention training C. Chan...

Pre-Quiz Fundamentals: Scenario 8 – Maurice A. 1. Diffusion of oxygen into the blood occurs in which structure located in the lungs? A. Carina B. Segmental bronchi C. Terminal bronchiole D. Alveoli 2. The normal respiratory rate for a healthy adult is: A. 6 to 10 breaths per minute. B. 10 to 16 breaths per minute. C. 12 to 20 breaths per minute. D. 18 to 26 breaths per minute. 3. A physician tells a patient that he is suffering from hypoxia. The patient asks the nurse what the term means. Whic...

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