The decision-making approach that allows managers at lower levels to make and implement key decision pertaining to their areas of responsibility is
A) responsibility accounting.
B) controllable accounting.
C) decentralization.
D) optimal strategic accounting.
E) none of these.
C
You might also like to view...
Eastview Company uses a periodic LIFO inventory system, and has the following purchases and sales: January 1150 units were purchased at $9 per unit.January 17120 units were sold.January 20160 units were purchased at $11 per unit.January 29150 units were sold. What is the value of cost of goods sold?
A. $2,750. B. $380. C. $2,730. D. $440. E. $2,670.
Which of the following statements below is correct about a corporation and a partnership?
A. A corporation is legally responsible for its own taxes and debts. B. Both entities issue shares of stock to owners. C. A partnership is comprised of two or more owners, whereas a corporation must have only one owner. D. Owners of both entities are legally responsible for the taxes and debts of the business.
?An investor is contemplating the purchase of a 20-year bond that pays $50 interest every six months. The investor plans to hold the bond only for 10 years, at which time she will sell it in the marketplace. She requires a 12 percent annual return but believes the market will require only an 8 percent return when she sells the bond 10 years from now. Assuming she is a rational investor, how much should she be willing to pay for the bond today? (Round the answer to two decimal places.)
A. ?$1,126.85 B. $1,081.43? C. $737.50? D. $927.68? E. ?$856.91
The following shows the Department, the cell where the quarterly sales are stored in Excel, and the amount of quarterly sales. Which is the formula that can be used to find the percent of total sales for Housewares?
Bath