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Products transferred between sub units within an organization TRUE/FALSE 1. The essence of decentralization is the freedom for managers at lower levels of the organization to make decisions. 2. Suboptimal decision making is also called congruent decision making. 3. Surveys indicate that decisions made most frequently at the corporate level are related to sources of supplies and products to manufacture. 4. An important advan ...

Other / Other 08 Apr 2016

1. If a company has a plant in a high tax jurisdiction that produces products for a facility in a low tax jurisdiction - suggest a strategy that will result in the lowest tax for the overall corporation. 2. The Micro Division of Silicon Computers produces computer chips that are sold to the Personal Computer Division and to outsiders. Operating data for the Micro Division for 20x3 are as follows: Internal Sales External Sales Sa ...

Other / Other 08 Apr 2016

Negotiated transfer prices are often employed 1. The benefits of a decentralized organization are greater when a company a. is large and unregulated. b. is facing great uncertainties in their environment. c. has few interdependencies among division. d. is all of the above. 2. A product may be passed from one subunit to another subunit in the same organization. The product is known as a. an interdepartmental product. b ...

Other / Other 08 Apr 2016

Why is the statement of cash flows useful 1 Distinguish among the three types of activities reported in the statement of cash flows The three activities are: 2 Why is the statement of cash flows useful ? Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help ...

Other / Other 08 Apr 2016

Employee absenteeism information 1. Which of the following is NOT a characteristic of a management control system? a. It aids and coordinates the process of making decisions. b. It encourages short-term profitability. c. It motivates individuals throughout the organization to act in concert. d. It coordinates forecasting sales and cost-driver activities, budgeting, and measuring and evaluating performance. 2. Stock price in ...

Other / Other 08 Apr 2016

Compute the operating income for each division 1. Bedtime Bedding Company manufactures pillows. The Cover Division makes covers and the Assembly Division makes the finished products. The covers can be sold separately for $5.00. The pillows sell for $6.00. The information related to manufacturing for the most recent year is as follows: Cover Division manufacturing costs $6,000,000 Sales of covers by Cover Division 4,000,000 Mark ...

Other / Other 08 Apr 2016

What are the operating incomes of the two divisions 1. Sportswear Company manufactures socks. The Athletic Division sells its socks for $6 a pair to outsiders. Socks have manufacturing costs of $2.50 each for variable and $1.50 for fixed. The division's total fixed manufacturing costs are $105,000 at the normal volume of 70,000 units. The European Division has offered to buy 15,000 socks at the full cost of $4. The Athletic Divisi ...

Other / Other 08 Apr 2016

Which of the following transfer-pricing methods always achieves goal 1. In analyzing transfer prices, a. the buyer will not willingly purchase a product for less than the incremental costs incurred to manufacture the product internally. b. the seller will not willingly sell a product for less than the incremental costs incurred to make the product. c. the buyer will willingly pay more than the ceiling transfer price. d. the buyer ...

Other / Other 08 Apr 2016

Sact Creek Company's most recent financial statements 1 How is it possible for a company to suffer a net loss for a given year, yet produce a positive net cash flow from operating activities? 2 (Ethics) Sact Creek Company's most recent financial statements showed dismal performance. There was a net loss of $10,000 and the statement of cash flows showed a net cash decrease in all categories. The company president called all the m ...

Other / Other 08 Apr 2016

Dense Company's income statement showed revenues aEx. 1 Dense Company's income statement showed revenues of $275,000 and operating expenses of $135,000. Accounts receivable decreased by $40,000 and accounts payable increased by $35,000 during the year. Instructions Compute (a) cash receipts from customers and (b) cash payments for operating expenses using the direct method. aEx. 2 Clare Company had total operating expenses of ...

Other / Other 08 Apr 2016