Chapter 22 quiz
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| budgetary control | show 🗑
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| controllable cost | show 🗑
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| show | contribution margin - controllable fixed cost
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| cost center | show 🗑
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| decentralization | show 🗑
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| direct fixed costs | show 🗑
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| flexible budget | show 🗑
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| Indirect fixed costs | show 🗑
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| show | A responsibility center that incurs costs, generates revenues, and has control over decisions regarding the assets available for use
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| management by exception | show 🗑
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| non-controllable costs | show 🗑
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| show | A responsibility center that incurs costs and also generates revenue
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| show | The income that remains after subtracting from the controllable margin the minimum rate of return on a company's average operating assets
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| show | A part of management accounting that involves accumulating and reporting revenues and costs on the basis of the manager who has the authority to make the day to day decisions about the items
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| show | the preparation of reports for each level of responsibility in the company's organization chart
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| Return on investment (ROI) | show 🗑
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| show | An area of responsibility in decentralized operations
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| Static budget | show 🗑
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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