Which of the Following Statement/s Is/are True

question 63

Multiple Choice

Which of the following statement/s is/are true?

• A) Weighted average costs provide a better basis for cost control than FIFO costs.
• B) Weighted average costs provide a better basis for performance evaluation than standard costs.
• C) Cost per equivalent unit provides a measure of production efficiency.
• D) Weighted average costs provide a better basis for cost control than FIFO costs AND cost per equivalent unit provides a measure of production efficiency.

Apply crossover analysis in selecting among location alternatives.

Assess the impact of exchange rates on location decisions.

Identify ethical considerations and social responsibility in location strategy.

Analyze the benefits and challenges of different location analysis methods.

---

Definitions:

Floating Exchange Rate

A floating exchange rate is determined by the foreign exchange market through supply and demand, without direct intervention from a country's government.

Free Market Forces

The unregulated forces of supply and demand that govern the allocation of resources and prices in markets.

Convertible Currency

A currency that can be exchanged for other currencies on foreign exchange markets.

Market Determined Rates

Interest rates that are established by the supply and demand forces in the financial markets without direct government control.