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Complete Solution Manual Horngren’s Cost Accounting 17th Edition Questions & Answers with rationales (Chapter 1-24)

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Complete Solution Manual Horngren’s Cost Accounting 17th Edition Questions & Answers with rationales (Chapter 1-24)

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Institution
Complete Solution Manual
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Complete Solution Manual

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Uploaded on
September 17, 2025
Number of pages
4
Written in
2025/2026
Type
Exam (elaborations)
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Questions & answers

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  • complete solution manual horngrens cost accounti

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Complete Solution Manual Horngren’s Cost Accounting
17th Edition Questions & Answers with rationales
(Chapter 1-24)

Responsibility6xaccounting6xis6xa6xsystem6xthat6xmeasures6xthe6xresults6xof6xeach6xrespo
nsibility6xcenter6xand6xcompares6xthose6xresults6xwith6xsome6xexpected6xor6xbudgeted6xo
utcome.6x-6xANSWERTRUE

A6xresponsibility6xcenter6xis6xa6xpart6xof6xa6xbusiness6xwhose6xworkers6xare6xaccountable6
xfor6xspecified6xactivities.6x-6xANSWERFALSE



In6xan6xinvestment6xresponsibility6xcenter,6xthe6xmanager6xis6xonly6xresponsible6xfor6xcost
s.6x-6xANSWERFALSE

In6xcentralized6xorganizations,6xlower-
level6xmanagers6xare6xresponsible6xonly6xfor6ximplementing6xdecisions.6x-
6xANSWERTRUE



Decentralization6xis6xthe6xpractice6xof6xdelegating6xdecision-
making6xauthority6xto6xthe6xlower6xlevels6xof6xmanagement.6x-6xANSWERTRUE

Local6xmanagers6xcan6xmake6xbetter6xdecisions6xusing6xdistant6xinformation6xand6xoutsid
e6xmanagers6xcan6xprovide6xmore6xtimely6xresponses6xto6xchanging6xconditions.6x-
6xANSWERFALSE



Cognitive6xlimitations6xmean6xit6xis6xdifficult6xfor6xcentral6xmanagers6xto6xbe6xfully6xknowle
dgeable6xabout6xall6xproducts6xand6xmarkets.6x-6xANSWERTRUE

Decentralization6xstimulates6xcompetition6xamong6xthe6xdivisions6xof6xa6xfirm.6x-
6xANSWERTRUE



Return6xon6xinvestment6x(ROI)6xrefers6xto6xearnings6xbefore6xinterest6xand6xincome6xtaxe
s.6x-6xANSWERTRUE

Margin6xis6xthe6xratio6xof6xoperating6xincome6xto6xsales.6x-6xANSWERTRUE

One6xdisadvantage6xof6xROI6xin6xevaluating6xperformance6xis6xthat6xit6xencourages6xman
agers6xto6xslack6xoff.6x-6xANSWERFALSE

Economic6xvalue6xadded6x(EVA)6xis6xafter-
tax6xoperating6xincome6xminus6xthe6xtotal6xannual6xcost6xof6xcapital.6x-6xANSWERTrue

Goal6xcongruence6xmeans6xthat6xthe6xgoals6xof6xmanagers6xare6xaligned6xwith6xthe6xgoal
s6xof6xthe6xcompany.6x-6xANSWERTrue
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