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
10 Points
Why does preparing the master Budget require a committe?
10 Points
What is a capital investment ? How does it difer from an investment in stocks or bonds?
10 Points
What are the advantages of budgeting?
10 Points
What do the terms liquidity and solvency mean?
10 Points
What is the difference between the current ratio and the quick ratio? What does each measure?
10 Points
Define the term Annuity. What is one example of an annuity receipt?
10 Points
When are sales and cost variances favorable and unfavorable?
10 Points
What is the difference between a static budget and flexible budget?
10 Points
What are three reasons that cas is worth more today than cash to be received in the future?
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