Break-even NPV means that the expected rate of return on a project is equal to the required rate of return
Indicate whether this statement is true or false.
Answer: TRUE
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The process of assigning overhead costs to the jobs that are worked on is commonly called:
A. overhead cost apportionment. B. overhead cost distribution. C. transfer costing. D. overhead application. E. service department cost allocation.
Guareno Clinic uses client-visits as its measure of activity. During December, the clinic budgeted for 2,500 client-visits, but its actual level of activity was 2,450 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for December:Data used in budgeting: Fixed element per monthVariable element per client-visitRevenue - $45.20 Personnel expenses$34,300 $13.30Medical supplies 1,600 5.40Occupancy expenses 10,000 1.80Administrative expenses 3,800 0.20Total expenses$49,700 $20.70?Actual results for December: ?Revenue$108,650 Personnel expenses$65,755?Medical supplies$14,380?Occupancy expenses$14,000?Administrative expenses$4,210???The activity variance for administrative
expenses in December would be closest to: A. $90 U B. $10 F C. $90 F D. $10 U
"I want you to process a copy of this memo right now and then send it to the accountant." Which quadrant of the two-dimensional leadership styles does this behavior reflect?
A. Low structure and low consideration B. Low structure and high consideration C. High structure and low consideration D. High structure and high consideration
Marketing plans for goods are typically quite different form those of services because services are more ______ than goods.