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Book Cover
Financial and Managerial Accounting: The Basis for Business Decisions, 12/e
Jan R. Williams, University of Tennessee
Susan F. Haka, Michigan State University
Mark S. Bettner, Bucknell University
Robert F. Meigs
Responsibility Accounting and Transfer Pricing

True/False Quiz

Please answer all questions



1

In an income statement segmented by sales departments, salaries to departmental salespeople would be an example of a "common" fixed cost
A)True
B)False
2

Return on assets and residual income are two commonly used measures of an investment cost center's performance.
A)True
B)False








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