Florida National University Managerial Accounting Questions Discussion

Question Description

Question 1

10 Points

Define the term RETURN ON INVESTMENT. How is the return normally expressed ? Give an example of a capital investment return

Question 2

10 Points

Why does preparing the master Budget require a committe?

Question 3

10 Points

What is a capital investment ? How does it difer from an investment in stocks or bonds?

Question 4

10 Points

What are the advantages of budgeting?

Question 5

10 Points

What do the terms liquidity and solvency mean?

Question 6

10 Points

What is the difference between the current ratio and the quick ratio? What does each measure?

Question 7

10 Points

Define the term Annuity. What is one example of an annuity receipt?

Question 8

10 Points

When are sales and cost variances favorable and unfavorable?

Question 9

10 Points

What is the difference between a static budget and flexible budget?

Question 10

10 Points

What are three reasons that cas is worth more today than cash to be received in the future?

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