Exam 10: Performance Evalulation

The percentage of market share may be an example of measuring which perspective of the balanced scorecard?

What will happen to return on investment (ROI)if current assets decrease while everything else remains the same (assume the current assets decreased is part of operating current assets)?

Troy Company budgeted $12 million for customer service costs, but actually spent only $10 million. Which of the following statements is the best course of action for management to take in this instance?

The manager of the truck maintenance department at FedEx may be in charge of a(n)

A performance report of a ________ will only include revenues generated by the center.

The Top Hat Division of Blandon's Fine Menswear had the following results last year (in thousands). Management's target rate of return is 19% and the weighted average cost of capital is 15%. What is the Top Hat Division's capital turnover?

The manager of the Walt Disney World Studios (a corporate division)may be in charge of a(n)

Frito-Lay's Casa Grande plant that controls expenses using lean thinking to eliminate waste may be classified as a(n)

Shining Springs Glass Art manufactures various glass art fixtures, including a dolphin-glass figurine. The dolphin-glass figurine is produced in the Design Department and it uses a glass insert that is produced also in the Production Department. The market price for the glass insert is $900. The plant has excess capacity and the managerial accountant reported the following information: What is the lowest acceptable in-house transfer price to the Production Department? What is the highest acceptable transfer price the Design Department should pay the Production Department to produce the insert in-house?? What should the managerial accountant understand if there was not access capacity at the plant to produce the insert?

The number of rework units may be an example of measuring which perspective of the balanced scorecard?

Which of the following financial performance measures can be used to compare potential projects of different sizes?

The maintenance department that focuses on efficiency at Continental Airlines may be classified as a(n)

Buckeye Incorporated has operating income of $900,000, a sales margin of 15%, and a capital turnover rate of 1.5. What amount would Buckeye report for sales?

Lewis Company has operating income of $120,000. Its return on investment (ROI)is 40%, while its target rate of return is 7%. The total assets of Lewis Company may be closest to

Total hours of continuing professional education taken by employees may be an example of measuring which perspective of the balanced scorecard?

The following data relates to Logan Electric and its Light Bulb Division. What is the Light Bulb Division's Residual Income (RI)?

The security department that is evaluated on its ability to control costs when the company compares actual costs to budget costs at a department store chain may be classified as a(n)

Maizy Enterprises has a target rate of return of 11%, an ROI of 90%, and capital turnover of 4.5. The sales margin for Maizy Enterprises may be closest to

A performance report compares actual revenue and expenses with _____________ revenues and expenses.

The master budget variance is the difference between actual results and the static budget.