Tell me answer tutor What characterizes dynamic cost analysis in modernaccounting?a) The analysis adapts to changing market conditionsin real-timeb) Cost calculations remain fixed throughout the yearc) Expenses are reviewed only annuallyd) Budgets never change once set

Explanation of Dynamic Cost Analysis:Dynamic cost analysis refers to a flexible accounting method…

Answered: What characterizes dynamic cost…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter9: Responsibility Accounting And Decentralization

Section: Chapter Questions

Problem 1PA: Use the following information to answer the questions that follow. A. Calculate the operating income...

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Similar questions

Which of the following is a disadvantage of the average rate of return method? a. fails to consider the time value of money b. includes the amount of income earned over the entire life of the proposal c. emphasizes accounting income d. difficult to use
Which answer is correct
Traditional Budgeting Method
Suppose the current assets of a company decrease over time while all else remains unchanged, then ROI will not be affected. ROI will increase over time. ROI will decrease over time. None of the items in this list of answers.
When the activity level declines within the relevant range, what should happen with respect to the following? Fixed cost per unit Variable cost per unit A) No change B) Increase C) Increase D) No change Option B O Option C Option A O Option D Increase Increase No Change No Change
Define the term Annual operating cost:?
1-The amount of money paid for the use of borrowed capital or from the money that has been loan. a. Interest b. Interest rate c. Principal 2-The costs that are repetitive and occur when an organization produces goods or services on a continuing basis. a. Sunk cost b. Recurring cost c. Direct cost 3-The costs that have occurred in the past and have no importance in the estimates of future costs and revenues related to alternative course of action. a. Sunk cost b. Recurring cost c. Direct cost 4- It is calculated using the principal only without considering the interest accrued in preceding period. a. Simple interest b. Compound interest c. Annuity 5- It is an expression of the increase in the cost of goods and services from one year to the next.…
8.Which of the following would appear on both the budgeted income statement and on the schedule of expected cash disbursements for operating expenses? (A) Depreciation expense (B) Rent expense (C) Sales commission expense (D) Both B and C 9.Which of the following is not an underlying assumption of the cost-volume-profit graph? (A) Expenses are categorized into fixed and variable (B) Revenues and expenses are linear over the relevant range (C) Efficiency and productivity will be unchanged (D) Sales mix will not be constant If total fixed costs decrease while the sale price per unit and the variable costs per unit remain constant, the: (A) contribution margin increases (B) contribution margin decreases (C) breakeven point increases (D) breakeven point decreases A business always absorbs its overheads on labour hours. In the 8th period 18,000 hours were worked, actual overheads were $279,000 and there was$36,000 over-absorption. The overhead absorption rate per hour was: (A)…
__________ considers the impact of changing one or more inputs or assumptions on the resulting answer (output) of an analysis. a.Sensitivity analysis b.Capital rationing c.Expected value analysis d.The net present value method
The present worth of an alternative that provides infinite service is called its: a Net present value b. Perpetual annual cost Discounted total cost Capitalized cost
Management Accounting Question (Qualitative Short Answer) a. Why is the sales forecast the starting point in budgeting? b. What is a perpetual budget? c. Which is a better basis for evaluating actual results: budgeted performance or past performance? Why? d. The materials price variance can be computed at what two different points in time? Which point is better and why? e. What effect, if any, would you expect purchasing poor-quality materials to have on direct labor variances? f. Distinguish between ideal and practical standards. g. Costs associated with the quality of conformance can be broken down into four broad groups. What are these four groups and how do they differ? h. What is likely the most effective way to reduce a company's total quality costs? i. What are the three main uses of quality cost reports?
Financial Account

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What characterizes dynamic cost analysis in modern accounting? a) The analysis adapts to changing market conditions in real-time b) Cost calculations remain fixed throughout the year c) Expenses are reviewed only annually d) Budgets never change once set