91Ó°ÊÓ

Which of the following is not a common goal of an organization? A. operational efficiency B. being acquired by another business C. achieving strategic goals D. measuring financial performance

Which of the following does not describe a management control system? A. establishes a company's strategic goals B. implements a company's strategic goals C. monitors a company's strategic goals D. a system that only measures profitability

In centralized organizations, primary decisions are made by ____. A. an individual at the top of the organization B. various managers throughout the organization C. outside consultants D. low-level management

Which of the following is not a type of responsibility center? A. concentrated cost center B. investment center C. profit center D. cost center

A responsibility center in which managers are held accountable for both revenues and expenses is called a _____. A. discretionary cost center B. revenue center C. cost center D. profit center

A responsibility center structure that considers investments made by the operating segments by using a common cost of capital percentage is called _____. A. return on investment B. residual income C. a profit center D. a discretionary cost center

Costs that a company or manager can influence are called ____. A. discretionary costs B. fixed costs C. variable costs D. controllable costs

A transfer pricing arrangement that uses the price that would be charged to an external customer is a _____. A. market-based approach B. negotiated approach C. cost approach D. decentralized approach