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Here are the best resources to pass ACCT 505 (ACCT505). Find ACCT 505 (ACCT505) study guides, notes, assignments, and much more.
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ACCT 505 WEEK 6 QUIZ-2
Exam (elaborations) • 8
pages
• 2022
ACCT 505 WEEK 6 QUIZ-2

Grade Details - All Questions

1. Question : (TCO D) A company that has a profit can

increase its return on investment by

Student Answer:

increasing sales revenue and operating

expenses by the same dollar amount.

increasing average operating assets and

operating expenses by the same dollar amount.

increasing sales revenue and operating

expenses by the same percentage.

decreasing average operating assets and

sales by the same percentage.

Instructor

Explanation:...
ACCT 505 WEEK 6 QUIZ-2

Grade Details - All Questions

1. Question : (TCO D) A company that has a profit can

increase its return on investment by

Student Answer:

increasing sales revenue and operating

expenses by the same dollar amount.

increasing average operating assets and

operating expenses by the same dollar amount.

increasing sales revenue and operating

expenses by the same percentage.

decreasing average operating assets and

sales by the same percentage.

Instructor

Explanation:...
ACCT 505 FINAL EXAM.

Question 1.1. (TCO E) Installing a custom logo on a boat is a(n) (Points : 10)

batch-level activity.

product-level activity.

unit-level activity.

organization s ustaining activity.

Question 2.2. (TCO G) Given the following data, what would ROI be?

Sales $70,000

Net operating income $10,000

Contribution margin $20,000

Average operating assets $50,000

Stockholder's equity $25,000

(Points : 10)

28.6%

20.0%

40.0%

50.0%

Page
ACCT 505 FINAL EXAM.
Last document update:
ago
ACCT 505 FINAL EXAM.

Question 1.1. (TCO E) Installing a custom logo on a boat is a(n) (Points : 10)

batch-level activity.

product-level activity.

unit-level activity.

organization s ustaining activity.

Question 2.2. (TCO G) Given the following data, what would ROI be?

Sales $70,000

Net operating income $10,000

Contribution margin $20,000

Average operating assets $50,000

Stockholder's equity $25,000

(Points : 10)

28.6%

20.0%

40.0%

50.0%

Page
ACCT 505 WEEK 4 MIDTERM EXAM

ANSWERS

1. Question : (TCO A) Wages paid to an assembly line worker in a factory are a

:

Prime Cost YES.....Conversion Cost NO.

Prime Cost YES.....Conversion Cost YES.

Prime Cost NO....Conversion Cost NO.

Prime Cost NO.....Conversion Cost YES.

: Chapter 2

2. Question : (TCO A) A cost incurred in the past that is not relevant to any current

decision is classified as a(n)

:

period cost.

incremental cost.

opportunity cost.

None of the above

: Chapte...
ACCT 505 WEEK 4 MIDTERM EXAM ANSWERS
Last document update:
ago
ACCT 505 WEEK 4 MIDTERM EXAM

ANSWERS

1. Question : (TCO A) Wages paid to an assembly line worker in a factory are a

:

Prime Cost YES.....Conversion Cost NO.

Prime Cost YES.....Conversion Cost YES.

Prime Cost NO....Conversion Cost NO.

Prime Cost NO.....Conversion Cost YES.

: Chapter 2

2. Question : (TCO A) A cost incurred in the past that is not relevant to any current

decision is classified as a(n)

:

period cost.

incremental cost.

opportunity cost.

None of the above

: Chapte...
ACCT 505 WEEK 4 MIDTERM EXAM

ANSWERS

1. Question : (TCO A) Wages paid to an assembly line worker in a factory are a

:

Prime Cost YES.....Conversion Cost NO.

Prime Cost YES.....Conversion Cost YES.

Prime Cost NO....Conversion Cost NO.

Prime Cost NO.....Conversion Cost YES.

: Chapter 2

2. Question : (TCO A) A cost incurred in the past that is not relevant to any current

decision is classified as a(n)

:

period cost.

incremental cost.

opportunity cost.

None of the above

: Chapter 2

...
ACCT 505 WEEK 4 MIDTERM EXAM ANSWERS
Last document update:
ago
ACCT 505 WEEK 4 MIDTERM EXAM

ANSWERS

1. Question : (TCO A) Wages paid to an assembly line worker in a factory are a

:

Prime Cost YES.....Conversion Cost NO.

Prime Cost YES.....Conversion Cost YES.

Prime Cost NO....Conversion Cost NO.

Prime Cost NO.....Conversion Cost YES.

: Chapter 2

2. Question : (TCO A) A cost incurred in the past that is not relevant to any current

decision is classified as a(n)

:

period cost.

incremental cost.

opportunity cost.

None of the above

: Chapter 2

...
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