University of Louisiana, Lafayette ACCT 526 / ACCT526 Quiz 6

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ACCT526-820_020-201840 Started on Monday, 23 April 2018, 4:56 PM State Finished Completed on Monday, 23 April 2018, 5:22 PM Time taken 25 mins 39 secs Question 1 Complete Not graded Flag quest... ion Question text Responsibility centers include: Select one: a. cost centers b. profit centers c. investment centers d. all of the above Feedback Your answer is correct. The correct answer is: all of the above Question 2 Complete Not graded This study source was downloaded by 100000831988016 from CourseHero.com on 03-21-2022 13:00:58 GMT -05:00 https://www.coursehero.com/file/30550746/ACCT-526-Quiz-6docx/ Flag question Question text A manager of an investment center can improve ROI by: Select one: a. reducing sales b. increasing average operating assets c. increasing variable costs d. reducing variable and/or controllable fixed costs Feedback Your answer is correct. The correct answer is: reducing variable and/or controllable fixed costs Question 3 Complete Not graded Flag question Question text Which of the following is an advantage of decentralization? Select one: a. Certain costs of activities may be duplicated b. Customer response time is generally decreased c. Managers' motivation and retention can be increased by empowering segment managers to make decision This study source was downloaded by 100000831988016 from CourseHero.com on 03-21-2022 13:00:58 GMT -05:00 https://www.coursehero.com/file/30550746/ACCT-526-Quiz-6docx/ d. Top management can concentrate on decisions that relate to day-to-day operations of segments Feedback Your answer is correct. The correct answer is: Managers' motivation and retention can be increased by empowering segment managers to make decision Question 4 Complete Not graded Flag question Question text The production line of a manufacturing company is most likely to be considered to be Select one: a. a revenue center b. a profit center c. a cost center d. an investment center Feedback Your answer is correct. The correct answer is: a cost center Question 5 Complete Not graded Flag question Question text This study source was downloaded by 100000831988016 from CourseHero.com on 03-21-2022 13:00:58 GMT -05:00 https://www.coursehero.com/file/30550746/ACCT-526-Quiz-6docx/ Profit center responsibility reports include Select one: a. revenues only b. returns on investments c. invested capital d. both revenues and expenses Feedback Your answer is correct. The correct answer is: both revenues and expenses Question 6 Complete Not graded Flag question Question text The best measure for evaluating the effectiveness of a manager in an investment center would be Select one: a. success in controlling costs b. current ratio measures c. residual income measures d. success in meeting budgeted revenues Feedback Your answer is incorrect. The correct answer is: residual income measures [Show More]

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