Which of the Following Might You Expect to See Being

question 44

Multiple Choice

Which of the following might you expect to see being used as a performance measure for a revenue centre?

• A) Actual business unit profit compared with budget business unit profit
• B) Standard cost variances
• C) Actual business unit revenue compared with budget business unit revenue
• D) Both standard cost variances AND actual business unit revenue compared with budget business unit revenue

Recognize the implications of acquiring net assets versus shares in a business combination.

Understand the reporting requirements for consolidated financial statements.

Determine the fair value of identifiable intangible assets in a business combination.

Analyze the impact of acquisition costs and contingent consideration on business combinations.