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Horngren's Cost Accounting A Managerial Emphasis 10th Canadian Edition By Srikant Datar, Madhav Rajan, Louis Beaubien, Steve Janz (Test Bank) $29.49
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Horngren's Cost Accounting A Managerial Emphasis 10th Canadian Edition By Srikant Datar, Madhav Rajan, Louis Beaubien, Steve Janz (Test Bank)

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Horngren's Cost Accounting A Managerial Emphasis 10th Canadian Edition By Srikant Datar, Madhav Rajan, Louis Beaubien, Steve Janz (Test Bank All Chapters, 100% Original Verified, A+ Grade) Horngren's Cost Accounting A Managerial Emphasis 10th Canadian Edition By Srikant Datar, Madhav Rajan, Loui...

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  • January 4, 2025
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Test Bank
Horngren’s Cost
Accounting
A Managerial Emphasis
10th Canadian Edition
Srikant M. Datar
Madhav V. Rajan
Louis Beaubien
Steve Janz

All Chapters Arranged Reverse: 23-1
This is the Original Test Bank for 10th
Canadian Edition, All Other Files in the
Market are Wrong/Old Questions.

,Cost Accounting: A Managerial Emphasis, 10Ce (Datar)
Chapter 23 Multinational Performance Measurement and Compensation

23.1 Analyze and evaluate alternative measures of financial performance

1) Many common performance measures rely on internal financial and accounting information.
Answer: TRUE
Diff: 1 Type: TF
CPA Competencies: Chapter 23 -
3.5.1 Performs sensitivity analysis,
3.5.2 Evaluates sustainable profit maximization and capacity management performance,
3.6.1 Evaluates performance using accepted frameworks,
3.6.2 Evaluates performance of responsibility centres,
3.6.3 Evaluates root causes of performance issues,
3.4.1 Evaluates sources and drivers of revenue growth
Skill: Remembering
Objective: LO 23-1

2) Some companies present financial and non-financial performance measures for various organization
units in a single report called the financial performance scorecard.
Answer: FALSE
Explanation: balanced scorecard
Diff: 2 Type: TF
CPA Competencies: Chapter 23 -
3.5.1 Performs sensitivity analysis,
3.5.2 Evaluates sustainable profit maximization and capacity management performance,
3.6.1 Evaluates performance using accepted frameworks,
3.6.2 Evaluates performance of responsibility centres,
3.6.3 Evaluates root causes of performance issues,
3.4.1 Evaluates sources and drivers of revenue growth
Skill: Remembering
Objective: LO 23-1

3) In establishing performance measures and compensation policy, the issues are interdependent and the
decision maker may proceed through a series of decisions several times before selecting the performance
measure(s).
Answer: TRUE
Diff: 2 Type: TF
CPA Competencies: Chapter 23 -
3.5.1 Performs sensitivity analysis,
3.5.2 Evaluates sustainable profit maximization and capacity management performance,
3.6.1 Evaluates performance using accepted frameworks,
3.6.2 Evaluates performance of responsibility centres,
3.6.3 Evaluates root causes of performance issues,
3.4.1 Evaluates sources and drivers of revenue growth
Skill: Remembering
Objective: LO 23-1


1
.

,4) ROI, residual income, and economic value-added, can be used as performance measures.
Answer: TRUE
Diff: 1 Type: TF
CPA Competencies: Chapter 23 -
3.5.1 Performs sensitivity analysis,
3.5.2 Evaluates sustainable profit maximization and capacity management performance,
3.6.1 Evaluates performance using accepted frameworks,
3.6.2 Evaluates performance of responsibility centres,
3.6.3 Evaluates root causes of performance issues,
3.4.1 Evaluates sources and drivers of revenue growth
Skill: Remembering
Objective: LO 23-1

5) There are three basic ingredients in profitability: investment, revenue, and debt.
Answer: FALSE
Explanation: investment, revenue, costs
Diff: 2 Type: TF
CPA Competencies: Chapter 23 -
3.5.1 Performs sensitivity analysis,
3.5.2 Evaluates sustainable profit maximization and capacity management performance,
3.6.1 Evaluates performance using accepted frameworks,
3.6.2 Evaluates performance of responsibility centres,
3.6.3 Evaluates root causes of performance issues,
3.4.1 Evaluates sources and drivers of revenue growth
Skill: Remembering
Objective: LO 23-1

6) Return on investment highlights the benefits that managers can obtain by reducing their investments in
current or fixed assets.
Answer: TRUE
Explanation: Some firms use total assets in the denominator; others use total assets minus current
liabilities.
Diff: 2 Type: TF
CPA Competencies: Chapter 23 -
3.5.1 Performs sensitivity analysis,
3.5.2 Evaluates sustainable profit maximization and capacity management performance,
3.6.1 Evaluates performance using accepted frameworks,
3.6.2 Evaluates performance of responsibility centres,
3.6.3 Evaluates root causes of performance issues,
3.4.1 Evaluates sources and drivers of revenue growth
Skill: Remembering
Objective: LO 23-1




2
.

, 7) Imputed costs are costs recognized in particular situations that are not regularly recognized by accrual
accounting procedures.
Answer: TRUE
Diff: 2 Type: TF
CPA Competencies: Chapter 23 -
3.5.1 Performs sensitivity analysis,
3.5.2 Evaluates sustainable profit maximization and capacity management performance,
3.6.1 Evaluates performance using accepted frameworks,
3.6.2 Evaluates performance of responsibility centres,
3.6.3 Evaluates root causes of performance issues,
3.4.1 Evaluates sources and drivers of revenue growth
Skill: Remembering
Objective: LO 23-1

8) The imputed cost of an investment is the required rate of return times the investment.
Answer: TRUE
Diff: 2 Type: TF
CPA Competencies: Chapter 23 -
3.5.1 Performs sensitivity analysis,
3.5.2 Evaluates sustainable profit maximization and capacity management performance,
3.6.1 Evaluates performance using accepted frameworks,
3.6.2 Evaluates performance of responsibility centres,
3.6.3 Evaluates root causes of performance issues,
3.4.1 Evaluates sources and drivers of revenue growth
Skill: Remembering
Objective: LO 23-1

9) Residual income is income plus an imputed interest charge for the investment.
Answer: FALSE
Explanation: "minus" the imputed interest charge
Diff: 1 Type: TF
CPA Competencies: Chapter 23 -
3.5.1 Performs sensitivity analysis,
3.5.2 Evaluates sustainable profit maximization and capacity management performance,
3.6.1 Evaluates performance using accepted frameworks,
3.6.2 Evaluates performance of responsibility centres,
3.6.3 Evaluates root causes of performance issues,
3.4.1 Evaluates sources and drivers of revenue growth
Skill: Remembering
Objective: LO 23-1




3
.

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