ACTG 211: CHAPTER 12 QUESTIONS AND ANSWERS 2025/2026
UPDATED A COMPLETE SOLUTION ALL ANSWERS GET IT 100%
CORRECT DETAILED BEST GRADED A+ FOR PASS
what does the differential approach focus on? - CORRECT ANSWERS
relevant costs and benefits
what does the total cost approach focus on? - CORRECT ANSWERS all costs
and benefits
why is isolating relevant costs desirable? - CORRECT ANSWERS 1. there is
rarely enough info to create a detailed income statement for both alternatives
2. incorporating irrelevant costs may distract attention away from the critical
information
vertical integration - CORRECT ANSWERS The involvement by a company in
more than one of the activities in the entire value chain from development
through production, distribution, sales, and after-sales service.
make or buy decision - CORRECT ANSWERS A decision concerning whether
an item should be produced internally or purchased from an outside supplier.
special order - CORRECT ANSWERS A one-time order that is not considered
part of the company's normal ongoing business.
volume-trade-off decisions - CORRECT ANSWERS when they do not have
the capacity to produce enough to meet demand
UPDATED A COMPLETE SOLUTION ALL ANSWERS GET IT 100%
CORRECT DETAILED BEST GRADED A+ FOR PASS
what does the differential approach focus on? - CORRECT ANSWERS
relevant costs and benefits
what does the total cost approach focus on? - CORRECT ANSWERS all costs
and benefits
why is isolating relevant costs desirable? - CORRECT ANSWERS 1. there is
rarely enough info to create a detailed income statement for both alternatives
2. incorporating irrelevant costs may distract attention away from the critical
information
vertical integration - CORRECT ANSWERS The involvement by a company in
more than one of the activities in the entire value chain from development
through production, distribution, sales, and after-sales service.
make or buy decision - CORRECT ANSWERS A decision concerning whether
an item should be produced internally or purchased from an outside supplier.
special order - CORRECT ANSWERS A one-time order that is not considered
part of the company's normal ongoing business.
volume-trade-off decisions - CORRECT ANSWERS when they do not have
the capacity to produce enough to meet demand
