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charter oak acc102 week 12 test part 1

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Question;?;1. Accounting;systems can generate motivation by;Answer;?;Question 2;6.25 out of 6.25 points;2. In considering;customer's needs, the balanced scorecard method will look at;Answer;?;Question 3;6.25 out of 6.25 points;3. The set of;activities necessary to create and distribute a desirable product or service;to a customer is known as;Answer;?;Question 4;6.25 out of 6.25 points;4. Residual income;is calculated by;Answer;?;Question 5;6.25 out of 6.25 points;5. The value chain;usually starts with the _________ and ends with the ____________.;Answer;?;Question 6;6.25 out of 6.25 points;6. The measure(s);used by the financial perspective lens of the balanced score card is (are);Answer;?;Question 7;6.25 out of 6.25 points;7. One of the;strategies of the business process perspective lens of the balanced score;card is to improve the quality of the manufacturing process.Which of the following is not one of;the measures?;Answer;?;Question 8;0 out of 6.25 points;Use the following to answer questions 8-10;The following information regarding Ross, Inc. is;available;Sales....................................................................................;$2,000,000;Cost;of goods sold................................................................;1,200,000;Operating;expenses..............................................................;600,000;Operating;income.................................................................;200,000;Average;invested capital.......................................................;4,000,000;8. Refer to the;information above. What is the return on investment for Ross, Inc?;Answer;?;Question 9;0 out of 6.25 points;9. Refer to the;information above. What is the return on sales for Ross, Inc.?;Answer;?;Question 10;0 out of 6.25 points;10. Refer to the;information above. What is the capital turnover for Ross, Inc.?;Answer;?;Question 11;6.25 out of 6.25 points;11. Lacy Stores has;sales of $1,640,000, cost of sales of;$680,000;and operating expenses of $304,000. What;is Lacy's return on sales?;Answer;?;Question 12;6.25 out of 6.25 points;12. Calculate the;residual income assuming the following information;Operating;earnings.;$300,000;Minimum;acceptable return.;15%;Invested;capital.;1,500,000;Answer

 

Paper#42631 | Written in 18-Jul-2015

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