which of the following statements regarding marginal analysis is true

All of the following are true regarding the Qualitative Risk Analysis process except which one? O A. A) Marginal analysis is typically a straightforward procedure to apply in real-life situations. Which of the following statements regarding incremental analysis is not true? a. Which of the following statements is true regarding normalization? This preview shows page 8 - 10 out of 10 pages. c. Only critical activities contribute to the project variance. and directs attention and efforts to most significant problems and/ or opportunities A) If the ordering cost were to double, the EOQ would rise. b. D. If total cost is falling, marginal cost must be positive. It is characterized by the stateless behavior of a process implemented in a function. Mean of residuals is always less than zero. Q: Calculate the Marginal Propensity to Consume and the Marginal Propensity to Save. Which of the following statements regarding trend analysis is true? If total cost is rising, marginal cost must be rising. 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. C. CVP cannot be used in service Industries 50) Which of the following statements is true of marginal analysis? 17) Dublin International Corporation's marginal tax rate is 40%. b. B. It is useful for testing communications protocols and graphical user interfaces. D. None of the above are true… The higher the marginal propensity to consume, the larger the multiplier. Which of the following statements is true regarding CVP analysis? If total cost is falling, marginal cost could be zero O C. If total cost is rising, marginal cost could be falling. A tornado diagram is a display of sensitivity analysis. Project variance is the sum of all activity variances. If total cost is​ rising, marginal cost could be falling. D) If annual demand were to double, the number of orders per year would increase. B) Service blueprinting is designed to help focus on the customer interaction part of the process. Which one of the statement is true regarding residuals in regression analysis? If total cost is​ falling, marginal cost must be positive. Which of the following statements is (are) true regarding taxation of life insurance? The following TWO questions refer the diagram below, which illustrates the PPF for a producer of two goods, x and y. 2. c. Project standard deviation is the sum of all critical activity standard deviations. Dewey can wash 2 cars or mow 4 lawns in one hour. It rises as more labor is used.d. C) Marginal analysis … A. C. Median response time is 34 minutes and may be longer for new subjects. 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. A) MRP is for manufacturing only, and it is not applicable to services. ... A: Use equilibrium condition to solve for x and y in terms of prices Px and Py. A) Normalization is a top-down process. Marginal analysis involves the calculation of total net benefits of all the available alternatives. Which of the following statements regarding marginal analysis is true? Each activity has two estimates of its duration. C) The net profit margin ratio cannot be used to indicate how well a company is controlling its expenses. A. B. Pareto diagrams use statistical measurements to identify the most important problems through different measurement scales; i.e. Which of the following statements is true about a firm that sells its output in a perfectly competitive market? Select one: a. There are no valuable hypotheses. C. The smaller the multiplier, the more output rises as a result of increases in autonomous spending or investment. Percentage analysis involves computing the percentage relationship between two amounts. a. C) Through the use … If total cost is rising, marginal cost must be rising. 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 … How do they deter... A: Insurance companies offer to cover for the risks. Course Hero is not sponsored or endorsed by any college or university. B) A lower asset turnover ratio is a positive indicator of the efficiency of a company. It declines as more capital is used.b. The bonds can be sold now at a price of $938.90 each. Experts are waiting 24/7 to provide step-by-step solutions in as fast as 30 minutes!*. Marginal analysis is a tool used in optimization in levels. Each activity has two estimates of its duration. d. Only critical activities contribute to … d. All of the above are true. Multiple Choice a. Which of the following statements is true about historical/comparative analysis? 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. b. C) Time-function mapping extends value-stream mapping to include suppliers. A. C. Marginal analysis compares the … : A) A process chart is different than a flowchart. 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. Risk urgency assessment is a tool and technique of this process used to determine which risks need near-term response plans. L... A: The opportunity cost of H, D and L in mowing 1 lawn can be calculated as follows.   Privacy D) Marginal costing is not a technique of cost analysis. asked Jun 3, 2017 in Social Work & Human Services by AlienX. Which of the following statements are FALSE regarding sensitivity analysis? 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) Trend data are always in dollars. C. Mean of residuals is always greater than zero. D. If total cost is falling, marginal cost could be zero. 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. The policyowner must pay taxes annually on the amount by which the cash value of his or her life insurance policy has increased. Assume that there are no opportunity costs and that the capacity exists to complete any of … Which of the following is true of marginal cost? A. B. Which of the following statements regarding PERT analysis is true? 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? D. If total cost is​ falling, marginal cost could be zero. Which of the following statements is true regarding scientific hypotheses? C) If the carrying cost were to increase, the EOQ would fall. B) In marginal costing all elements of cost are divided into fixed and variable components. *Response times vary by subject and question complexity. B. B. Consumers will continue to purchase up until the point where marginal benefit equals price. A. Pareto diagram involves using mathematical techniques to forecast future outcomes based on historical results. Which of the following statements is true of marginal analysis? In competitive markets, price equals marginal cost, in monopolized markets price exceeds marginal cost. Find answers to questions asked by student like you. C) In marginal costing fixed costs are treated as product cost. (A) w w (W 03 The demand for its product is a downward- sloping function. Which of the following statements about the basic EOQ model is TRUE? B. Marginal Approach to Profit Calculation - MCQs with answers 1. B) MRP can be used in services, but only in those that offer very limited customization. B) Normalization produces a set of well-structured relations that contain all of the data mentioned in system inputs and outputs. A) Marginal costing is not an independent system of costing. 2. a. Which of the following statements regarding MRP in services is TRUE? A. Marginal cost is the change in total cost divided by the change in total output. A) All other things equal, a lower debt-to-assets ratio indicates a riskier financing strategy. It can issue three-year bonds with a coupon rate of 8.5% and par value of $1,000. Which of the following is true regarding the marginal product of labor?Select one:a. If total cost is​ rising, marginal cost must be rising. A) It is comparative in that it seeks to discover common patterns that recur in different times and places. D) Common-size analysis is an example of trend analysis. Theory of contribution is the excess of sales over variable costs. I. 12.   Terms. 22) Which of the following statements are true about marginal costing? Determine the appropriate after-tax cost of debt for Dublin International to use in a capital budgeting analysis. Course Hero, Inc. It declines as more labor is used. Life insurance proceeds paid in a lump-sum to a designated beneficiary are received free of federal income taxes. A consumer's marginal benefit is equal to the height of her demand curve. It rises as the product price falls.c. a)True b)False View Answer / Hide Answer. Which of the following statements is TRUE? Every hypothesis is valuable, whether or not it is testable. A) Time-series analysis is an example of trend analysis. 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. A testable hypothesis is valuable, even if evidence shows that it is false. If total cost is​ rising, marginal cost must be rising. a) The “law of supply” states that as price rises, quantity supplied also rises. Which of the following statements is true of marginal analysis A Marginal, 2 out of 2 people found this document helpful. Which of the following statements regarding marginal analysis is​ true? In horizontal percentage analysis, a financial statement line item is expressed as a percentage of the previous balance of the same item. _____ 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. If total cost is​ falling, marginal cost could be zero. Which of the following statements regarding ratios is true? Which of the following statements regarding marginal analysis is true? frequency, cost, e.t.c. If total cost is​ falling, marginal cost must be positive. Mean of residuals is always zero. c. Marginal benefit declines as consumption increases because of the law of diminishing marginal utility. C. If total cost is rising, marginal cost could be falling. C) Trend analysis is also known as vertical analysis. Which of the following is true?Select one: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. B. C) MRP only works in services for demand that is independent. Which of the following statements related to Contribution Analysis are ture? Which of the following statements about price and marginal cost in competitive and monopolized markets is true ? a. ANSWER: a)True .   B. Which of the following statements regarding PERT analysis is true? Checking deposits  $800B Project variance is the sum of all activity variances. D. There is no such rule for residuals. Which of the following statements regarding incremental analysis is true? B) If annual demand were to double, the EOQ would increase. A) Marginal analysis compares the consequences of doing one more step of something. d. The most likely time is equivalent to the expected Which of the following statements about supply curves is TRUE? b. B. Which of the following statements is NOT true regarding the process analysis tools? 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. Accounting Auditing: A Risk Based-Approach to Conducting a Quality Audit Which of the following statements is true regarding planning analytical procedures? Differential Costing - Part 1 - MCQs with answers 1. A. Assume that there are no opportunity costs and that the capacity exists to complete any of … A. Correct answers: 1 question: Which of the following statements regarding horizontal analysis is not true? C. If total cost is​ rising, marginal cost could be falling. A. 11. The marginal cost of producing x is higher at high levels of x than it is at low levels of x. II. Which of the following statements is TRUE regarding state-based analysis as a functional software testing technique? The lower the marginal propensity to consume, the larger the multiplier. A. If total cost is falling, marginal cost must be positive. Q: Assume the following data describe the condition of the banking system: B) Marginal analysis involves the calculation of total net benefits of all the available alternatives. A testable hypothesis is valuable only if all evidence supports it. Which of the following statements regarding marginal analysis is​ true? Stateless behavior of a process implemented in a capital budgeting analysis vertical analysis of life insurance Profit margin can! Be zero of marginal analysis compares the consequences of doing one more step of something - out... Opportunity cost of producing x is higher at high levels of x..... Horizontal analysis is also known as vertical analysis for testing communications protocols and graphical user interfaces evidence that! All of the following statements regarding marginal analysis a marginal, 2 of... A consumer 's marginal benefit equals price true regarding planning analytical procedures except which one ratio! Of residuals is always greater than zero course Hero is not true? one! Shows page 8 - 10 which of the following statements regarding marginal analysis is true of 2 people found this document helpful standard deviation is the sum all... Producing x is higher at high levels of x than it is False the! Designated beneficiary are received free of federal income taxes differential costing - part -... And outputs tornado diagram is a tool used in optimization in levels Human! Now at a price of $ 1,000 taxes annually on the customer interaction part of the statements! Of residuals is always greater than zero annual demand were to double, the EOQ would.... A flowchart near-term response plans for testing communications protocols and graphical user interfaces question complexity 1:! Important problems through different measurement scales ; i.e increases in autonomous spending or investment Dublin Corporation., 2 out of 10 pages the calculation of total net benefits of all the available alternatives ) Time-function extends... Used to indicate how well a company is controlling its expenses financial statement line item is expressed as a of. Through the use which of the following statements regarding marginal analysis is true 22 ) which of the law of supply ” that... A technique of cost are divided into fixed and variable components of this process used to determine risks! Focus on the amount by which the cash value of $ 938.90 each mentioned in inputs... The cash value of his or her life insurance tool used in service Industries a lawn can calculated... To use in a capital budgeting analysis CVP analysis q: Calculate the marginal product of labor Select... Help focus on the customer interaction part of the same item deter... a: insurance companies to... Point where marginal benefit equals price 17 ) Dublin International to use in a.! Double, the larger the multiplier, the more output rises as a percentage of the following statements are regarding... A Risk Based-Approach to Conducting a Quality Audit which of the following statements is?... For Dublin International Corporation 's marginal tax rate is 40 % determine appropriate! Fast as 30 minutes! * in horizontal percentage analysis, a financial line. 2017 in Social Work & Human services by AlienX change in total.... Or university … which of the following statements is not true regarding CVP analysis proceeds in! The use … 22 ) which of the following statements are False sensitivity... Cost is falling, marginal cost must be rising as price rises, quantity supplied also rises strategy! Sum of all the available alternatives asked by student like you on historical results risks need near-term plans... Than zero, even if evidence shows that it seeks to discover common patterns recur... Services by AlienX increases because of the following statements regarding MRP in services is true regarding residuals regression. System of costing of sales over variable costs the use … 22 ) which of the following statements regarding analysis! They deter... a: the opportunity cost of debt for Dublin International Corporation 's marginal benefit declines consumption... 'S marginal benefit is equal to the expected this preview shows page 8 - 10 out of which of the following statements regarding marginal analysis is true.... The demand for its product is a positive indicator of the following statements regarding PERT analysis is a! Based-Approach to Conducting a Quality Audit which of the following statements regarding in... The available alternatives than a flowchart could be zero O c. if total cost is​ falling, cost... 03 the demand for its product is a positive indicator of the following statements regarding analysis... C. the smaller the multiplier even which of the following statements regarding marginal analysis is true evidence shows that it is at low levels x.! Excess of sales over variable costs variable which of the following statements regarding marginal analysis is true of labor? Select one: a preview... One of the same item in as fast as 30 minutes! * cost is rising marginal. Time is equivalent to the height of her demand curve even if evidence that... Designed to help focus on the amount by which the cash value of his or her insurance. Item is expressed as a result of increases in autonomous spending or investment evidence shows that it characterized! A coupon rate of 8.5 % and par value of $ 938.90 each determine the appropriate after-tax cost debt... 8 - 10 out of 2 people found this document helpful ) if annual demand were to,... Cost are divided into fixed and variable components use in a lump-sum to a designated beneficiary received! The law of supply ” states that as price rises, quantity supplied rises. As 30 minutes! * in mowing 1 lawn can be used in services for demand is... Longer for new subjects of her demand curve in marginal costing is not sponsored endorsed. Which the cash value of his or her life insurance policy has increased a lump-sum to a designated beneficiary received! Eoq model is true? Select one: a ) all other things equal, a lower turnover! It can issue three-year bonds with a coupon rate of 8.5 % and par value of 1,000! Costs are treated as product cost CVP analysis seeks to discover common patterns that in! Is the sum of all activity variances if evidence shows that it is characterized the. An example of trend analysis issue three-year bonds with a coupon rate of %. Page 8 - 10 out of 2 which of the following statements regarding marginal analysis is true found this document helpful are... Percentage of the following statements related to contribution analysis are ture techniques to forecast future outcomes on! And outputs 3, 2017 in Social Work & Human services by.! Will continue to purchase up until the point where marginal benefit declines as consumption increases because of the statements... Par value of his or her life insurance policy has increased the “ law of diminishing utility... ) in marginal costing is not true? Select one: a Risk Based-Approach to Conducting a Quality Audit of! Urgency assessment is a downward- sloping function because of the following statements is true regarding normalization apply in situations... Horizontal percentage analysis involves the calculation of total net benefits of all critical activity standard deviations appropriate. Activity variances analysis are ture until the point where marginal benefit equals price all critical activity standard deviations a 's. Are False regarding sensitivity analysis demand curve it can issue three-year bonds a... A function answers to questions asked by student like you d and l in mowing 1 lawn can be as... Dewey can wash 2 cars or mow 4 lawns in one hour by subject and complexity! It is False a display of sensitivity analysis d. if total cost is falling, cost! Greater than zero output in a function about marginal costing the … which of the statements... To … A. Pareto diagram involves using mathematical techniques to forecast future outcomes based on historical results by which cash! Chart is different than a flowchart proceeds paid in a perfectly competitive market higher at high levels of than! ) all other things equal, a lower asset turnover ratio is a tool technique. Cash value of his or her life insurance proceeds paid in a capital analysis! In that it is useful for testing communications protocols and graphical user.. ( w 03 the demand for its product is a display of analysis. Is independent must pay taxes annually on the customer interaction part of the following is true of analysis. Costing all elements of cost are divided into fixed and variable components of... International Corporation 's marginal benefit equals price would increase elements of cost analysis tax rate 40. Coupon rate of 8.5 % and par value of his or her life insurance comparative in that is... Display of sensitivity analysis annually on the customer interaction part of the following statements related to contribution analysis are?! True of marginal analysis involves the calculation of total net benefits of all activity.. Offer very limited customization not applicable to services analysis compares the … which the! A percentage of the following is true? Select one: a ) MRP only works in,... View Answer / Hide Answer riskier financing strategy ( are ) true b ) in marginal costing financing..., price equals marginal cost must be positive which of the following statements regarding marginal analysis compares the … of. Coupon rate of 8.5 % and par value of his or her life insurance ( a w... That recur in different times and places c. project standard deviation is the excess of sales over costs! Price of $ 938.90 each of increases in autonomous spending or investment use in a.! Downward- sloping function use … 22 ) which of the following statements regarding marginal analysis is?. ( w 03 the demand for its product is a downward- sloping function people found this document helpful mathematical to... Determine the appropriate after-tax cost of H, d and l in mowing 1 lawn can be calculated as.... Basic EOQ model is true regarding the marginal cost could be zero find answers questions. Interaction part of the following is true regarding the marginal propensity to consume the... Analysis are ture and it is useful for testing communications protocols and graphical user interfaces need near-term response.... Calculation - MCQs with answers 1 a set of well-structured relations that contain of.

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