Ets accounting Study guides, Class notes & Summaries

ETS Business Exam Study Guide Questions & Answers 2023/2024 Accounting: What costs should be considered when making non-routine decisions? (3) - ANSWER-The price of material, Factory overhead costs, and the price of labor Accounting: Total product/ units produced and sold equals?? - ANSWER-Product Cost per Unit Accounting: What is a general explanation of what the contribution margin is? - ANSWER-The difference between variable costs subtracted from sales Accounting: In a continuou...

Which of the following is a governance issue? A. Tax transparency B. Health and safety C. Working conditions - Answer A is correct because "[e]xamples of the definition and scope of ESG issues can be illustrated by the two widely-referenced organisations...Tax Transparency [falls under the umbrella of] Governance". B is incorrect because "[e]xamples of the definition and scope of ESG issues can be illustrated by the two widely-referenced organisations...Health & Safety [falls under the u...

ETS MFT BUSINESS EXAM The principal difference between variable costing and absorption costing centers on: a) whether variable manufacturing costs should be included as product costs b) whether fixed manufacturing costs should be included as product costs c) whether fixed manufacturing costs and fixed selling and administrative costs should be included as product costs d) none of these. General Bikes is debating which marketing research options to employ. The traditional p...

Introductory FInancIal accountIng Sample exam 1 SolutIon wIth correct anSwerS and QueStIon 2024- 2025 Stockholders' equity - correct answer-Residual interest in the assets of a company after deducting liabilities Stockholders' equity - correct answer-Residual interest in the assets of a company after deducting liabilities Stockholders' equity - correct answer-Residual interest in the assets of a company after deducting liabilities Stockholders' equity - correct answer-...

ETS Business Exam Study Guide Questions and Answers Rated A+ Accounting: What costs should be considered when making non-routine decisions? (3) The price of material, Factory overhead costs, and the price of labor Accounting: Total product/ units produced and sold equals?? Product Cost per Unit Accounting: What is a general explanation of what the contribution margin is? The difference between variable costs subtracted from sales Accounting: In a continuous budget plan how many mo...

MBA ETS Major Field Test Questions With Revised Correct Answers BEST UPDATED!! Cash Accounting - ANSWER when payment is exchanged. Capital stock - ANSWER recognizes transactions only amount of common and preferred shares that a company is authorized to issue, recorded on the balance sheet under shareholders' equity; amount of capital stock is the maximum amount of shares that a company can ever have outstanding Asset - ANSWER resource with economic value ...

ETS Business Latest Exam with Verified Solutions 2024 Accounting: What costs should be considered when making non-routine decisions? (3) - Answer -The price of material, Factory overhead costs, and the price of labor Accounting: Total product/ units produced and sold equals?? - Answer -Product Cost per Unit Accounting: What is a general explanation of what the contribution margin is? - Answer -The difference between variable costs subtracted from sales Accounting: In a continuous budget p...

ETS Major Field Test - Financial Accounting Questions and Answers

ETS Business UPDATED Exam Questions and CORRECT Answers Accounting: What costs should be considered when making non-routine decisions? (3) - Ans The price of material, Factory overhead costs, and the price of labor Accounting: Total product/ units produced and sold equals?? - Ans Product Cost per Unit Accounting: What is a general explanation of what the contribution margin is? - Ans The difference between variable costs subtracted from sales Accounting: In a continuous budget plan how m...

Helpful in determining past and future performance, contains revenues and expenses: A) Income statement, B) Retained earnings statement, C) Balance Sheet, D) Statement of cash flows - Answer-A) Income Statement Defines Assets = liabilities + Shareholder's equity: A) Income statement, B) Retained earnings statement, C) Balance Sheet, D) Statement of cash flows - Answer-C) Balance Sheet Shows the amounts and causes of changes in retained earnings during the stated period, Solved by startin...