Answer the Following Question(s)using the Information Below

question 138

Multiple Choice

Answer the following question(s) using the information below:
Carriage Ltd.manufactures baby carriages.The company has two divisions, Wheels and Assembly.Because of different accounting methods and inflation rates, the company is considering multiple evaluation measures.The following information is provided for the year just ended:
The company is currently using a 12% required rate of return.
-The cost today of purchasing an asset identical to the one currently held is called a(n)

• A)actual cost.
• B)current cost.
• C)dual cost.
• D)fixed cost.
• E)sunk cost.

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Definitions:

Managing by Exception

A management strategy where leaders only intervene in operations when performance metrics fall outside of pre-set acceptable ranges.

Organization Charts

Visual diagrams that depict the internal structure of an organization, including the relationships and relative ranks of its parts and positions.

Chain of Command

A system that establishes authority and accountability in an organization by assigning each member a specific rank and a clear line of superiors and subordinates.

Task Controls

Mechanisms or procedures set in place to direct, manage, and monitor the completion of tasks.