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Question 1.
Which of the following item is least likely to appear in a performance evaluation report of managers of an assembly line?
- Depreciation expense
- Repairs
- Materials
- Supervisory salaries
Question 2.
I. The criteria for evaluating the performance of responsibility centers should be carefully selected because the manager's behavior are affected by such criteria that are used to judge their performance.
II. To make goal setting effective and worthwhile, the goals should be specific, objective and verifiable.
- FT
- TT
- FF
- TF
Question 3.
A balanced scorecard is a strategic management performance metric that helps companies identify and improve their internal operations to help their external outcomes. It measures past performance data and provides organizations with feedback on how to make better decisions in the future. The four perspectives of a balanced scorecard are the following except:
- Environmental
- Financial
- business processes
- learning and growth
Based on these estimates and projections, create a spreadsheet model to estimate costs, revenues, and profits for 2021, 2022, and 2023.
In the first month of liquidation, certain assets were sold for P192,000. How much cash did the partners set aside for future liquidation expenses
Use the interest rates given to determine whether the bonds are issued at par, at a discount, or at a premium. Compute the price of the bonds as of issue date.
Which kind of lease is this from Marple's (the lessor) perspective? The lease requires the lessee to make periodic rental payments of $35,000 on January 1
Kloss also has 500,000 shares outstanding currently priced at $47/share. What is Ws, the weight of equity in Kloss' WACC calculation
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What do you understand by the statement in quote above - Briefly explain the five major errors that do not affect the balancing of the Trial Balance.
Jasmine Company produces hand tools. Budgeted sales for March are 10,000 units. Beginning finished goods inventory in March is budgeted to be 1,400 units, and ending finished goods inventory is budgeted to be 1,300 units. How many units will be produ..
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Is the yield to maturity (YTM) higher or lower than the coupon rate? Explain. (You need to explain why YTM is different from coupon rate, do not compute YTM)
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