11) An understanding of total-life-cycle costs can lead to:A) additional costs during the manufacturing cycle.B) less need for the evaluation of opportunity costs.C) cost effective product designs that are easier to service.D) mutually beneficial relationships between buyers and sellers. 12) The stage of the research development and engineering cycle in which the technical aspects of products and services are developed is the:A) service phase.B) market research stage.C) product development stage.D) product design stage.13) Traditional costing begins with:A) the research development and engineering cycle.B) marketing research.C) target costing.D) product specification.14) Relevant costs for target costing include:A) variable manufacturing costs.B) variable manufacturing and variable nonmanufacturing costs.C) all fixed costs.D) all future costs, both variable and fixed.15) Which BEST describes the control function in a management accounting and control system?A) MACS seeks out areas that are out-of-control but not for corrective action.B) MACS achieves cost reduction targets that are continually adjusted downward.C) MACS guides and motivates employees to achieve organizational objectives.D) MACS ensures performance standard goals are being met.16) The five stages in the process of keeping an organization in control are:A) planning, implementing, measuring, evaluating and correcting.B) planning, executing, monitoring, evaluating and correcting.C) budgeting, implementing, monitoring, evaluation and feedback.D) budgeting, executing, measuring, feedback and evaluation.17) The evaluation phase of the process of control in MACS focuses on:A) comparing the planned level to current performance to identify discrepancies and consider corrective measures.B) measuring the current level of performance.C) returning the system to an in control state.D) selecting measures to determine how well objectives are met. 18) Which BEST describes the purpose of a management accounting and control system (MACS)?A) A MACS defines the value chain and identifies nonvalue-added activities for a business.B) A MACS helps decision makers determine whether strategies and objectives are being met.C) A MACS offers a system of controls to ensure employees are meeting predetermined standards.D) A MACS provides a signal for management attention when areas are out-of-control.19) Behavioral considerations of a well-designed management accounting and control system include all of the following EXCEPT:A) short-term qualitative and quantitative measures.B) incentive compensation.C) information accuracy.D) the organization's ethical code of conduct.20) The two major categories of technical considerations for a management accounting and control system are:A) design and accuracy of information.B) relevance of information and scope of system.C) service and timely information.D) development and flexibility.21) When implementing a new management accounting and control system, it is BEST:A) to allow management to implement their ideas.B) for management to involve employees in the implementation.C) to involve consultants and implement their experienced ideas.D) to engage in benchmarking.22) In a management accounting and control system design, behavioral expectations are BEST incorporated by:A) using a mix of short-term and quantitative performance measures.B) developing a task-related control system.C) including the organization's code of conduct.D) monitoring behavior with time and motion studies. 23) Assumptions of the human resources model of motivation include all of the following EXCEPT:A) employees prefer to follow highly-detailed, prescribed procedures.B) individuals are motivated by both financial and nonfinancial awards.C) employees are knowledgeable about their jobs.D) individuals are highly creative, ethical, and responsible.24)) The contemporary management view of motivation, the ________ is based on initiatives to improve the quality of working life.A) balanced scorecardB) human resources model of motivationC) scientific management schoolD) results control system25) To promote ethical decision making:A) consequences of unethical behavior should be left undefined to allow for flexibility.B) a statement of the organization's code of ethics should be communicated to each employee.C) violators of the code of ethics should be allowed several warnings before severe consequences are imposed.D) management should be excused from adhering to the organization's ethical code of conduct when it conflicts with personal values.26) The elements of an effective ethical control system include all of the following EXCEPT:A) a statement of the employee's ethical responsibilities.B) an ongoing internal audit of the efficiency of the organization's ethical control system.C) a statement of the organization's values and code of ethics.D) a reward system for tur
11. C) cost effective product designs that are easier to service.12. D) product design stage.13. B) marketing research.14. D) all future costs, both variable and fixed.15. C) MACS guides and motivates employees to achieve organizational objectives.16. B) planning, executing, monitoring, evaluating and correcting.17. A) comparing the planned level to current performance to identify discrepancies and consider corrective measures.18. B) A MACS helps decision makers determine whether strategies and objectives are being met.19. C) information accuracy.20. B) relevance of information and scope of system.21. B) for management to involve employees in the implementation.22. C) including the organization's code of conduct.23. A) employees prefer to follow highly-detailed, prescribed procedures.24. B) human resources model of motivation25. B) a statement of the organization's code of ethics should be communicated to each employee.26. D) a reward system for turning in those who violate the organization's ethical code.
MBA, Professor of finance and business mathematics
the work is great i just dont see 27-30?
You didn't post them. Please post them now so I can answer them. Thanks.
27)Which of the following is NOT a role of budgeting in organizations?
B)historical financial statements.
C)allocation of resources.
D)motivation of employees.
28)Budgeting does NOT require:
A)knowledge of the organization's activities.
B)specialized expertise in financial management and control.
C)knowledge about how activities affect costs.
D)the ability to see how the organization's different activities fit together.
29)All of the following are true statements about the role of budgets andbudgeting EXCEPT that:
A)a budget is a quantitative summary of the expected allocations and financialconsequences of the organization's short-term operating activities.
B)budgeting includes the process of estimating money inflows and outflows todetermine a financial plan that will meet an organization's objectives.
C)the difference between actual results and the budget plan are called variances.
D)budgeting solves most business challenges because it coordinates activities andcommunicates the organization's short-term goals to its members.
30)Operating budgets include the:
A)projected balance sheet.
B)projected income statement.
C)capital spending plan.
D)expected cash flow statement.
31)Financial budgets are prepared:
A)to specify expectations for selling, purchasing, and production.
B)to evaluate the financial results of the proposed decisions.
C)so that financial statements can be prepared for shareholders.
D)to plan for production capacity.
The managementaccountant for the Martino Organics has prepared the following segmented incomestatement for the most current year.
Fish & Meat
Allocated avoidable costs
Allocated corporate costs
32)If the Produce department had been eliminated prior to this year, the companywould have reported:
A)greater corporate profits.
33)the same amount of corporate profits.
C)less corporate profits.
D)resulting profits cannot be determined.
just waiting for last answers
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