The following are examples of specific assets except
a. application maintenance
b. data warehousing
c. highly skilled employees
d. server maintenance
D
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When is searching through someone's garbage considered as a legal activity?
a. When the trash is left unattended inside the suspect's home. b. When the trash is in the possession of the suspect. c. When the trash has left the suspect's home or sidewalk. d. Searching through a person's trash is never considered as a legal activity.
Cost-volume-profit analysis is a technique available to management to understand better the interrelationships of several factors that affect a firm's profit. As with many such techniques, the accountant oversimplifies the real world by making assumptions. Which of the following is not a major assumption underlying CVP analysis?
a. All costs incurred by a firm can be separated into their fixed and variable components. b. The product selling price per unit is constant at all volume levels. c. Operating efficiency and employee productivity are constant at all volume levels. d. For multi-product situations, the sales mix can vary at all volume levels.
Agustin Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales$17,000,000Net operating income$1,581,000Average operating assets$5,000,000The division's margin is closest to:
A. 31.6% B. 9.3% C. 29.4% D. 38.7%
Which of the following is the least critical aspect of good information?
A. data accuracy B. timeliness of data C. sufficiency of data D. relevance of data E. additional data