The segment margin income statement excludes
All allocated costs in the calculation of the segment margin.
All fixed costs.
All period costs.
Question 12. 12. Sara's Cake Company has started to do really well. Sara wants to see how much of a return she has now made on the company last year. Using the following information, calculate the return on investment.
Total Revenue last year: $250,000
Assets Jan. 1st: $50,000
Assets Dec. 31st: $80,000
Liabilities Jan. 1st: $45,000
Liabilities Dec. 31st: $15,000
Total Expenses last year: $100,000
Question 13. 13. Which one of the following is an example of transfer pricing?
Ford buys plastic from Du Pont plastics to use in car production
Google takes profits from YouTube and distributes it to is shareholders
Ratheon signs a government contract to sell specific arms to the military
Coca-cola Bottling sells bottles to the Coca-cola company
Question 14. 14. Sara's Cake Company is determining which types of cakes sold well last year. When using these numbers to look at metrics, what would this performance measure be called?
Question 15. 15. Sara's Cake Company has been doing some analysis and has decided to buy a new convection oven that will cut down production times of cakes by 15 minutes and allow for better texture in the cakes. Which part of the balanced scorecard would this be?
Internal business process perspective
External business process perspective
Question 16. 16. Which one of the following is a good example of benchmarking as a business process?
Coca-cola buys a new no-calorie sweetener to add to its diet colas
Home Depot studies Amazon.com's shipping policies to improve its own
Cisco acquires a smaller company that invented a new router design
Sirius and XM merge to consolidate all of their channel lineups into one offering
Question 17. 17. Which of the following measures are directly related to the financial perspective of a balanced scorecard? Market share, cash flow, revenue growth
Net income, cash flow, revenue growth
Market share, product return rate, cash flow
Net income, cash flow, product return rate
Question 18. 18. Which of the following is not a main barrier to the effective use of non-financial performance measures by organizations?
Skepticism that the measures are directly related to the bottom line
Lack of management skill needed to implement the measures
Lack of familiarity with the measures on the part of the board members
Undeveloped tools for analyzing the measures
Question 19. 19. Which of the following is not a reason companies use key performance indicators?
Align business activity with corporate strategy
Improve company performance
Improve timeliness of business decisions
All of these answer choices are reasons companies use key performance indicators
Question 20. 20. Qualitative indicators tend to be based on _______ .
Feelings or accounting records.
None of these answer choices are correct.
Feelings or perceptions.
Accounting records or perceptions.
This solution provides an explanation to questions based on management accounting.