Understanding sunk cost Study guides, Class notes & Summaries

The term "emerging economies" has replaced the term _____. - Correct answerDeveloping countries The gross domestic product plus the income from non-resident sources abroad gives the ____. - Correct answer-gross national product More than 25% of global GDP comes from _____. - Correct answer-BRICS countries Viewing the global economy as a pyramid, the Triad refers to _____. - Correct answerNorth America, Western Europe, and Japan People who earn _____ a year comprise the base of the global ...

MAC3761 STUDY SUMMARY NOTES. This is a complete and an all-inclusive guide to MAC3761 - Management Accounting III Cost Objects A cost object is any activity for which a separate measurement of costs is desired. In other words, if the users of accounting information want to know the cost of something, this something is called a cost object. Examples of cost objects include the cost of a product, the cost of rendering a service to a bank customer or hospital patient, the cost of operating a p...

WGU D076 OVER 300 QUESTIONS AND ANSWERS LATEST ALREADY GRADED A+;BOTH OA AND FINAL EXAM ARE COMBINED PLUS ALL UNIT TESTS 100% VERIFIED What are the main services offered by financial institutions? A. Soliciting charitable donations and then managing the distribution of these funds B. Accepting a wide variety of deposits, offering investment products, providing loans, and brokering financial transactions C. Deciding which assets to invest in to create wealth in the future D. Evalu...

What are the 3+1 stages of absorption costing? 1. Allocation 2. Apportionment 3. Absorption = Production Cost 4. Under/over = Non prod OH Why would you use Absorption Costing? Valuing Inventory Pricing Decisions Establishing profitability What are pros and cons of absorption and marginal costing? Absorption -Avoids varying profits if sales are seasonal -Consistent with accounting standards -Recognises Long Run variable costs -Implies OH related to production = Manipulate profit ...

organizational behaviour the study of what people think, feel, and do in and around organizations social science drawing on other social sciences: psychology, sociology and political science interpretive, descriptive, and prescriptive importance of organizational behaviour understanding yourself, others and power dynamics helps companies to attract and retain employees evidence based management Relies on systematic empirical studies- understanding relationships based on scien...

CAPM Practice Test One 50 Questions with Verified Answers There are three tools and techniques for the direct and manage project work process. One tool and technique will be meetings. What are the other two tools and techniques for directing and managing the project work? - CORRECT ANSWER Expert judgment and the project management information system John is the project manager of the YOM Project for his organization and he's working with the project team record all of the requirements nee...

MAC3761_ STUDY SUMMARY NOTES. TOPIC 1 Cost Objects A cost object is any activity for which a separate measurement of costs is desired. In other words, if the users of accounting information want to know the cost of something, this something is called a cost object. Examples of cost objects include the cost of a product, the cost of rendering a service to a bank customer or hospital patient, the cost of operating a particular department or sales territory or indeed anything for which ...

MAC3761_ STUDY SUMMARY NOTES. MAC3761 - Management Accounting III.A cost object is any activity for which a separate measurement of costs is desired. In other words, if the users of accounting information want to know the cost of something, this something is called a cost object. Examples of cost objects include the cost of a product, the cost of rendering a service to a bank customer or hospital patient, the cost of operating a particular department or sales territory or indeed anything for...

Delivering value is the primary job of a project manager. The critical thing to remember is that value is determined by the customer and then flows back to all participants, shaping all project activities. - Answer Budgeting should be an iterative process in which the estimates become more and more accurate as you get to the completion of the project. - Answer Budgets can be used for control, as a communication tool, and to get stakeholder buy-in for a project. - Answer What do job costin...

CORPORATE FINANCE THIRD EDITION JONATHAN BERK STANFORD UNIVERSITY PETER DEMARZO STANFORD UNIVERSITY Boston Columbus Indianapolis New York San Francisco Upper Saddle River Amsterdam Cape Town Dubai London Madrid Milan Munich Paris Montreal Toronto Delhi Mexico City Sao Paulo Sydney Hong Kong Seoul Singapore Taipei Tokyo To Rebecca, Natasha, and Hannah, for the love and for being there —J. B. To Kaui, Pono, Koa, and Kai, for all the love and laughter —P. D. Editor in Chief: Donna B...