成本管理会计英文选择题（参考）.docx

C21b[CPA Adapted] The assumption that cash flows are reinvested at the rate earned by the investment belongs to which of the following capital budgeting methods?Internal rateNet present ofreturnvaluea.No Nob.No Yesc.Yes Yesd.Yes Nod[CPA Adapted] The payback capital budgeting technique considers:Time valueIncome over entireof money life of projecta.Yes Yesb.Yes Noc.No Yesd.No Nod[CPA Adapted] If the algebraic sum of the present values of all cash flows related to a proposed capital expenditure discounted at the company’s required rate of return is positive, it indicates that theresultant amount is the maximum that should be paid for the asset.discount rate used is not the proper required rate of return for this company.investment is the best alternative.return on the investment exceeds the company’s required rate of return.CHAPTER 22 QUIZIf management decides to pursue an unwise goal, the management control system for that company shouldreinforce this company goal.be scrapped because an unwise goal will harm the company and should not be reinforced with a systematic approach.not be changed from the previous wise goals to incorporate the current unwise goal.not tie the managers’ reward to the pursuit of an unwise goal.Which of the following is not a benefit associated with decentralization?Quicker decision makingIncreased motivation of subunit managersIncreased competition among managersGreater responsiveness to local needsWhich of the following is a cost associated with decentralization?Not enough time spent in gathering information about different subunits of the organizationDecreased loyalty toward the organization as a wholeMore management development and learningLack of day-to-day involvement by top management in operating decisions[CPA Adapted] In a decentralized organization in which subunits may buy goods from one another, the transfer-pricing system should be designed primarily toallow subunit managers to buy from external parties.increase the consolidated va