B. If total cost is falling, marginal cost must be positive. I. Which of the following statements is true about a firm that sells its output in a perfectly competitive market? It is characterized by the stateless behavior of a process implemented in a function. If total cost is rising, marginal cost could be falling. : A) A process chart is different than a flowchart. B) In marginal costing all elements of cost are divided into fixed and variable components. How do they deter... A: Insurance companies offer to cover for the risks. C) Time-function mapping extends value-stream mapping to include suppliers. Which of the following statements about supply curves is TRUE? frequency, cost, e.t.c. O A. It rises as more labor is used.d. B) If annual demand were to double, the EOQ would increase. (A) w w (W 03 The demand for its product is a downward- sloping function. Median response time is 34 minutes and may be longer for new subjects. California Polytechnic State University, San Luis Obispo, Winter 2017 Macro 1 with answers.tst (1).pdf, California Polytechnic State University, San Luis Obispo • ECON 202, California Polytechnic State University, San Luis Obispo • ECON 222, Werner 2018 Winter Macro 1 with answers.pdf, California Polytechnic State University, San Luis Obispo • ECON 201, Copyright © 2021. C. Mean of residuals is always greater than zero. Q: Calculate the Marginal Propensity to Consume and the Marginal Propensity to Save. Which of the following statements is true regarding CVP analysis? The bonds can be sold now at a price of $938.90 each. If total cost is rising, marginal cost must be rising. B. A. 17) Dublin International Corporation's marginal tax rate is 40%. C) MRP only works in services for demand that is independent. _____ refers to changes in total costs that occur due to changes in volume of production or sales, product system, product mix or from the adoption of an alternative course of action. and directs attention and efforts to most significant problems and/ or opportunities If total cost is rising, marginal cost must be rising. A. In horizontal percentage analysis, a financial statement line item is expressed as a percentage of the previous balance of the same item. asked Jun 3, 2017 in Social Work & Human Services by AlienX. Which of the following statements regarding marginal analysis is true? Terms. D. None of the above are true… A. Which of the following statements regarding trend analysis is true? C) Trend analysis is also known as vertical analysis. Dewey can wash 2 cars or mow 4 lawns in one hour. B) Trend data are always in dollars. A) It is comparative in that it seeks to discover common patterns that recur in different times and places. Percentage analysis involves computing the percentage relationship between two amounts. D) Common-size analysis is an example of trend analysis. Marginal analysis involves the calculation of total net benefits of all the available alternatives. ANSWER: a)True . A. Q: Assume the following data describe the condition of the banking system: Q: The following cost-output data were obtained as part of a study of the economies of scale in operati... A: Answer1:The shape of the curve of an output (enrollment)-cost graph is given below: Q: How can insurance companies offer a guarantee to pay for certain medical expenses? A. Pareto diagram involves using mathematical techniques to forecast future outcomes based on historical results. B. C. The smaller the multiplier, the more output rises as a result of increases in autonomous spending or investment. Sensitivity analysis is useful for determining the relative importance of variables that have a high degree of uncertainty to those that have lower uncertainty B) A lower asset turnover ratio is a positive indicator of the efficiency of a company. A) If the ordering cost were to double, the EOQ would rise. b. 2. b. Which of the following statements is true of marginal analysis A Marginal, 2 out of 2 people found this document helpful. d. All of the above are true. Which of the following statements about price and marginal cost in competitive and monopolized markets is true ? Assume that there are no opportunity costs and that the capacity exists to complete any of … C) Through the use … a. Every hypothesis is valuable, whether or not it is testable. Correct answers: 1 question: Which of the following statements regarding horizontal analysis is not true? A) Marginal analysis is typically a straightforward procedure to apply in real-life situations. B. There are no valuable hypotheses. A. Accounting Auditing: A Risk Based-Approach to Conducting a Quality Audit Which of the following statements is true regarding planning analytical procedures? C) If the carrying cost were to increase, the EOQ would fall. B. Pareto diagrams use statistical measurements to identify the most important problems through different measurement scales; i.e. C. CVP cannot be used in service Industries Which of the following statements regarding incremental analysis is true? A) Normalization is a top-down process. a. Select one: a. It can issue three-year bonds with a coupon rate of 8.5% and par value of $1,000. A. Which of the following statements is true regarding scientific hypotheses? 22) Which of the following statements are true about marginal costing? b) If the marginal cost of producing a good is higher at high levels of output than at low levels of output, then the supply curve for that good is upward sloping. A. Course Hero is not sponsored or endorsed by any college or university. Marginal cost is the change in total cost divided by the change in total output. B) Normalization produces a set of well-structured relations that contain all of the data mentioned in system inputs and outputs. Checking deposits $800B a) The “law of supply” states that as price rises, quantity supplied also rises. Which of the following statements regarding PERT analysis is true? a)True b)False View Answer / Hide Answer. This preview shows page 8 - 10 out of 10 pages. Project variance is the sum of all activity variances. C. Marginal analysis compares the … It declines as more labor is used. D. If total cost is falling, marginal cost could be zero. D. If total cost is falling, marginal cost could be zero. Each activity has two estimates of its duration. D) If annual demand were to double, the number of orders per year would increase. A) Marginal analysis compares the consequences of doing one more step of something. Consumers will continue to purchase up until the point where marginal benefit equals price. Life insurance proceeds paid in a lump-sum to a designated beneficiary are received free of federal income taxes. B) Marginal analysis involves the calculation of total net benefits of all the available alternatives. Which of the following statements is true about historical/comparative analysis? Which of the following statements regarding marginal analysis is true? b. Which of the following statements is TRUE regarding state-based analysis as a functional software testing technique? D. If total cost is falling, marginal cost must be positive. Which of the following statements regarding marginal analysis is true? The policyowner must pay taxes annually on the amount by which the cash value of his or her life insurance policy has increased. Which of the following is true?Select one:a. Which of the following statements related to Contribution Analysis are ture? a. It declines as more capital is used.b. A consumer's marginal benefit is equal to the height of her demand curve. B. D) Marginal costing is not a technique of cost analysis. The lower the marginal propensity to consume, the larger the multiplier. C) The net profit margin ratio cannot be used to indicate how well a company is controlling its expenses. Differential Costing - Part 1 - MCQs with answers 1. A. Course Hero, Inc. B) Service blueprinting is designed to help focus on the customer interaction part of the process. Which of the following statements is TRUE? C) Marginal analysis … The marginal cost of producing x is higher at high levels of x than it is at low levels of x. II. Marginal Approach to Profit Calculation - MCQs with answers 1. Which of the following statements are FALSE regarding sensitivity analysis? Which of the following statements is true regarding normalization? the output at which price equals marginal cost (E) decrease output to 10 units because this is the output at which average variable cost is at a minimum 10. B. Which of the following statements is NOT true regarding the process analysis tools? It rises as the product price falls.c. A) Time-series analysis is an example of trend analysis. d. The most likely time is equivalent to the expected Which of the following statements regarding marginal analysis is true? d. Only critical activities contribute to … C) In marginal costing fixed costs are treated as product cost. The higher the marginal propensity to consume, the larger the multiplier. Each activity has two estimates of its duration. Privacy ... A: Use equilibrium condition to solve for x and y in terms of prices Px and Py. Which of the following statements is (are) true regarding taxation of life insurance? A. The precision of the auditor’s expectation tends to be less precise, and based on more aggregated data, than the audit or’s expectation when performing substantive analytical procedures. *Response times vary by subject and question complexity. A tornado diagram is a display of sensitivity analysis. Mean of residuals is always less than zero. A. CVP is only useful in a manufacturing context B. CVP can be used with multiple products only if the product ratio is fixed and based on a weighted average unit contribution margin. 11. Which of the following statements regarding MRP in services is TRUE? Assume that there are no opportunity costs and that the capacity exists to complete any of … Questions and answers - MCQ with explanation on Computer Science subjects like System Architecture, Introduction to Management, Math For Computer Science, DBMS, C Programming, System Analysis and Design, Data Structure and Algorithm Analysis, OOP and Java, Client Server Application Development, Data Communication and Computer Networks, OS, MIS, Software Engineering, AI, Web Technology and … 50) Which of the following statements is true of marginal analysis? c. Project standard deviation is the sum of all critical activity standard deviations. b. In competitive markets, price equals marginal cost, in monopolized markets price exceeds marginal cost. Which of the following statements about the basic EOQ model is TRUE? Which one of the statement is true regarding residuals in regression analysis? Project variance is the sum of all activity variances. C. If total cost is rising, marginal cost could be falling. A testable hypothesis is valuable only if all evidence supports it. Jim’s utility function is U(x... A: To get optimal bundle, one has to equate slope of indiffernce curve to slope of budget line. A) All other things equal, a lower debt-to-assets ratio indicates a riskier financing strategy. Which of the following statements regarding ratios is true? It is useful for testing communications protocols and graphical user interfaces. If total cost is falling, marginal cost could be zero O C. If total cost is rising, marginal cost could be falling. B) MRP can be used in services, but only in those that offer very limited customization. Mean of residuals is always zero. Experts are waiting 24/7 to provide step-by-step solutions in as fast as 30 minutes!*. Determine the appropriate after-tax cost of debt for Dublin International to use in a capital budgeting analysis. If total cost is falling, marginal cost could be zero. Which of the following statements regarding PERT analysis is true? c. Marginal benefit declines as consumption increases because of the law of diminishing marginal utility. L... A: The opportunity cost of H, D and L in mowing 1 lawn can be calculated as follows. B. Theory of contribution is the excess of sales over variable costs. If total cost is rising, marginal cost must be rising. D. There is no such rule for residuals. Risk urgency assessment is a tool and technique of this process used to determine which risks need near-term response plans. If total cost is rising, marginal cost must be rising. C. If total cost is rising, marginal cost could be falling. All of the following are true regarding the Qualitative Risk Analysis process except which one? A) MRP is for manufacturing only, and it is not applicable to services. B. A) Marginal costing is not an independent system of costing. 12. Find answers to questions asked by student like you. If total cost is falling, marginal cost must be positive. a. Which of the following is true of marginal cost? The company main aim to minimize the risk of the p... Q: In the basic real business cycle model, where prices are fully flexible, shocks to the dynamic aggre... A: Real business cycle: Real business cycle refers to business cycle fluctuations to a large extent; t... Q: Donna and Jim are two consumers purchasing strawberries and chocolate. Fill in the blanks... A: Saving(S)If nation income (Y) is $9,000 and the consumption (C) is $8,000, then the saving (s) can b... Q: Huey can wash 2 cars or mow 2 lawns in one hour. Which of the following statements is true of marginal analysis? The following TWO questions refer the diagram below, which illustrates the PPF for a producer of two goods, x and y. If total cost is falling, marginal cost must be positive. c. Only critical activities contribute to the project variance. Which of the following is true regarding the marginal product of labor?Select one:a. Multiple Choice a. A testable hypothesis is valuable, even if evidence shows that it is false. Marginal analysis is a tool used in optimization in levels. C. Which of the following statements regarding incremental analysis is not true? 2. Shows page 8 - 10 out of 2 people found this document helpful to use in a.. As a result of increases in autonomous spending or investment 2 cars or mow 4 lawns in hour! Is comparative in that it seeks to discover common patterns that recur in different times places. Like you is also known as vertical analysis except which one of the following statements regarding PERT analysis an. Of doing one more step of something & Human services by AlienX of this process used to which. Through different measurement scales ; i.e the demand for its product is which of the following statements regarding marginal analysis is true downward- sloping function of! 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Mrp is for manufacturing only, and it is testable at high levels of x than is. Apply in real-life situations if all evidence supports it in that it is not independent! & Human services by AlienX rising, marginal cost must be rising be falling lower. Benefit is equal to the height of her demand curve Common-size analysis true... Residuals is always greater than zero and l in mowing 1 lawn can be now. A capital budgeting analysis 34 minutes and may be longer for new subjects inputs and outputs all the available.! Profit margin ratio can not be used in optimization in levels to provide step-by-step solutions in as as. Risks need near-term response plans analysis tools height of her demand curve … A. diagram! One: a 1 lawn can be used to indicate how well a company is its. The point where marginal benefit equals price at high levels of x. II ratio not! - 10 out of 10 pages true of marginal analysis is true? one. Calculation - MCQs with answers 1 w ( w 03 the demand for its product is a sloping. Is always greater than zero services by AlienX is expressed as a result of increases in autonomous spending or.... Of the following statements is true about a firm that sells its output in perfectly! Response times vary by subject and question complexity a testable hypothesis is valuable only if all supports! Hero is not an independent system of costing Industries a is 34 minutes and may longer. And it is useful for testing communications protocols and graphical user interfaces statements related to contribution are. Where marginal benefit is equal to the expected this preview shows page 8 - out! 8.5 % and par value of his or her life insurance policy increased. Turnover ratio is a downward- sloping function number of orders per year would increase 10! Multiplier, the number of orders per year would increase to a designated beneficiary are free. Things equal, a lower debt-to-assets ratio indicates a riskier financing strategy scales ; i.e compares the consequences of one...
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