CMA（P1）——Performance

信息来源：金融范    2014-09-30 10:05    knroman

Market price	$48
Variable selling/distribution costs on external sales	$5
Variable manufacturing cost	$21
Fixed manufacturing cost	$10

Manhattan’s Electronic Assembly Division wants to purchase 4,500 circuit boards either internally, or else use a similar board in the marketplace that sells for $46. The Electronic Assembly Division’s management feels that if the first alternative is pursued, a price concession is justified, given that both divisions are part of the same firm. The best process to determine the price ultimately charged by the Fabrication Division to the Assembly Division for the circuit board is to
A. establish the price by top management.
B. establish the price by an arbitration committee.
C. establish the price through negotiations between the Fabrication’s and Electronic Assembly’s Division management.
D. set the price equal to the price that would be charged if the Fabrication Department had no excess capacity.

12、 Which one of the following should be used for evaluating the performance of the Repair and Maintenance Department that repairs production equipment in a firm devoted to making keyboards for computers?
A. The variance between the firm’s budgeted and actual net income.
B. The total factory overhead variances.
C. The fixed overhead volume variances.
D. The response time and degree of satisfaction among the production departments.

13、 Albert Hathaway recently joined Brannen University as the chief information officer of the University Computing Services Department. His assigned task is to help reduce the recurrent problem of cost overruns due to uncontrolled computer usage by the user community, while at the same time not curtailing the use of information technology for research and teaching. To ensure goal congruence, which one of the following algorithms should be used to allocate the cost of the University Computing Services Department to other departments within the university?
A. Actual rate times actual hours of computer usage.
B. Actual rate times budgeted hours of computer usage.
C. Budgeted rate times actual hours of computer usage.
D. Budgeted rate times budgeted hours of computer usage.

14、For several years, Northern Division of Marino Company has maintained a positive residual income. Northern is currently considering investing in a new project that will lower the division’s overall return on investment (ROI) but increase its residual income. What is the relationship between the expected rate of return on the new project, the firm’s cost of capital, and the division’s current ROI?
A. The expected rate of return on the new project is higher than the division’s current return on investment, but lower than the firm’s cost of capital.
B. The firm’s cost of capital is higher than the expected rate of return on the new project, but lower than the division’s current return on investment.
C. The division’s current return on investment is higher than the expected rate of return on the new project, but lower than the firm’s cost of capital.
D. The expected rate of return on the new project is higher than the firm’s cost of capital, but lower than the division’s current return on investment.

关键词:  

         Performance