Which of the Following Is Not True About the Manager's

question 96

Multiple Choice

Which of the following is not true about the manager's strategic plans the effect of income taxes in CVP analysis?

• A)Income targets are expressed in terms of net income.
• B)Managers focus on the effect of net income in CVP analysis.
• C)Income targets are NOT expressed in terms of net income.
• D)Managers review their decisions about operating income after income taxes.
• E)Managers can seek favorable tax benefits instead of large operating incomes.

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Definitions:

Hypothetical-Deductive Reasoning

Piaget’s formal operational concept that adolescents have the cognitive ability to develop hypotheses about ways to solve problems and can systematically deduce which is the best path to follow in solving the problem.

Formal Operations

The stage in Piaget's theory of cognitive development where abstract and logical thinking is developed, usually during adolescence.

Formal-Operational Thought

A stage in Piaget’s theory of cognitive development where individuals gain the ability to think abstractly and logically.

Trial-And-Error

A method of solving problems through repeated, varied attempts until success or an optimal solution is found.