SMARTBOOK CHAPTER 21
QUESTIONS WITH 100% CORRECT
ANSWERS!!
1 of 34
Term
A department that is evaluated on their success in generating
income is a(n):
Give this one a try later!
administration cost center
service center profit center
, Don't know?
2 of 34
Term
List the steps in allocating costs to operating departments
and
preparing departmental income statements, with the first
step on top.
Give this one a try later!
departmental income statements Investment center
Accum
Direct and indirect
expenses All indirect
exp All
service
Don't know?
3 of 34
Term
A retail store has 10,000 square feet of space and incurs rent
costs of
$5,000 per month. If Department A uses 2,000 square feet of
space, the amount of rent allocated to the department will
be $
, Give this one a try later!
QUESTIONS WITH 100% CORRECT
ANSWERS!!
1 of 34
Term
A department that is evaluated on their success in generating
income is a(n):
Give this one a try later!
administration cost center
service center profit center
, Don't know?
2 of 34
Term
List the steps in allocating costs to operating departments
and
preparing departmental income statements, with the first
step on top.
Give this one a try later!
departmental income statements Investment center
Accum
Direct and indirect
expenses All indirect
exp All
service
Don't know?
3 of 34
Term
A retail store has 10,000 square feet of space and incurs rent
costs of
$5,000 per month. If Department A uses 2,000 square feet of
space, the amount of rent allocated to the department will
be $
, Give this one a try later!
