Reference no: EM131024687
In each blank next to the following terms, place the identifying letter of its best description.
1. _______ Cost center
2. _______ Investment center
3. _______ Departmental accounting system
4. _______ Operating department
5. _______ Profit center
6. _______ Responsibility accounting system
7. _______ Service department
A. Engages directly in manufacturing or in making sales directly to customers.
B. Does not directly manufacture products but contributes to profitability of the entire company.
C. Incurs costs and also generates revenues.
D. Provides information used to evaluate the performance of a department.
E. Incurs costs without directly yielding revenues.
F. Provides information used to evaluate the performance of a department manager.
G. Holds manager responsible for revenues, costs, and investments.
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What is an inelastic vs. an elastic product
: List at least five products that you personally consider inelastic in your life and at least five products that you personally consider elastic in your life. Explain why you consider these products elastic or inelastic from your perspective.
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Prove that the reduced qr factorization a = qr
: If the eigenvectors w1 and w2 of A^H*A are orthogonal, then Awi and Aw2 are orthogonal.
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What are fixed costs and variable costs of this company
: What are fixed costs and variable costs of this company? Discuss the relationship between marginal physical product, average total costs and marginal costs using the specific information given about the company.
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What is the market private savings function
: There are 100 households in the economy. Half of these households save according to r = 2 + Sp/10 while the other half of the households save according to r = 5 + Sp/5 where each of these equations expresses the saving function for one household. ..
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Identifying letter of its best description
: In each blank next to the following terms, place the identifying letter of its best description.
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Does this condition determine a b and c uniquely
: Let G = C* be the multiplicative group of nonzero complex numbers. Is the map f: G --> G a homomorphism, provided f is given by i) f(z) = iz, ii) f(z) = z^2, iii) f(z) = |z|, iv) f(z) = z-bar? Justify your answer.
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What is the underlying economic theory
: Does the positive value ofXtmake economic sense? What is the underlying economic theory? Suppose we were to redefineXas the ratio of the Canadian CPI to the U.S. CPI. Would that change the sign ofX? Why?
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What is the growth rate of private savings for spain
: What is the growth rate of private savings for Spain from 2008 to 2009? Using the rule of 70 as an approximation, how long would it take for China to double its GDP at a constant GDP growth rate of 8%
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Discuss the interaction of operating strategy
: Discuss the interaction of operating strategy and capital structure decisions. What are the potential effects of financing on the NPV of the acquisition?
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