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ACCT 301 Essentials of Accounting Week 6,Homework,Quiz,DQs Devry




ACCT 301 (Essential of Accounting);Week 6;Week 6: Pricing - Discussion;Budgeting (Graded);Why is budgeting important for a company? What are some reasons that a company would not prepare a budget?;Responsibility Accounting (Graded);Describe responsibility accounting and its purpose. What conditions are necessary for responsibility accounting to be used effectively?;Week 6 Assignments;ACCT 301 Week 6 Homework Problems;ACCT 301 Week 6 Quiz (15 MCQ's);(TCO 9) Which one of the following stages of the management decision-making process is properly sequenced?;(TCO 9) When is incremental analysis most useful?;(TCO 9) Which of the following will never be a relevant cost?;(TCO 9) A company is deciding whether or not to replace some old equipment with new equipment. Which of the following is not considered in the incremental analysis?;(TCO 9) It costs Lannon Fields $14 of variable costs and $6 of allocated fixed costs to produce an industrial trash can that sells for $30. A buyer in Mexico offers to purchase 2,000 units at $18 each. Lannon has excess capacity and can handle the additional production. What effect will acceptance of the offer have on net income?;(TCO 9) Wishnell Toys can make 1,000 toy robots with the following costs;(TCO 9) All of the following are relevant to the sell or process-further decision, except for __________.;(TCO 8) Most of the capital budgeting methods use __________.;(TCO 8) The capital budgeting decision depends in part on the __________.;(TCO 8) The cash-payback technique __________.;(TCO 8) All of the following statements about intangible benefits in capital budgeting are correct, except that they;(TCO 8) The profitability index __________.;(TCO 8) Post audits of capital projects __________.;(TCO 8) A company has a minimum required rate of return of 9% and is considering investing in a project that costs $50,000 and is expected to generate cash inflows of $20,000 at the end of each year for 3 years. The profitability index for this project is;(TCO 8) Disadvantages of the annual rate of return method include all of the following, except that


Paper#76715 | Written in 18-Jul-2015

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