17. Moral wear and tear may be the result ofa) cheaper production machines;b) scientific and technological progress;c) the creation of new productive machines;d) there is no right answer3;e) all the answers are correct. FeedbackHide AnnotationsExport Highlights16. Partial or complete loss of the main means of their consumer properties andvalue - is:a) load;b) load;c) use;d) wear;e) aging.

Hi student Since there are multiple questions, we will answer only first question.

17. Moral wear and tear may be the result of a) cheaper production machines; b) scientific and technological progress; c) the creation of new productive machines; d) there is no right answer; e) all the answers are correct.

17. Moral wear and tear may be the result of a) cheaper production machines; b) scientific and technological progress; c) the creation of new productive machines; d) there is no right answer; e) all the answers are correct.

Accounting Information Systems

10th Edition

ISBN:9781337619202

Author:Hall, James A.

Publisher:Hall, James A.

Chapter13: Systems Development And Program Change Activities

Section: Chapter Questions

Problem 8MCQ

See similar textbooks

Related questions

Q: Which of the following R&D costs can be capitalized by an SME? Group of answer choices Conceptual…

A: Research and development cost refers to the cost incurred by the SME for the development of new…

Q: Prentice Company is considering dropping one of its product lines. What costs of the product…

Q: Which of the following is NOT a principle of lean manufacturing? a. Products are pushed from the…

A: Lean manufacturing: It is method that is used with focus of minimizing the waste that are within a…

Q: 4. A difference between standard costs for cost control and budgeted costs of the same manufacturing…

A: As per the answer guideline, We are supposed to answer a single question The Standard Cost is the…

Q: 27. Which of the following best describes a Joint-Product? a) It is the expected loss in the…

A: The joint product is described as the manufacture of two or more items from the very same primary…

Q: In order to correct the problems associated with external costs. O standards must be established…

A: External cost refers to cost associated with social or environmental effects.

Q: 5. Which of the following statements concerning ideal standards is incorrect? a)Ideal standards…

A: Management accounting is one of the branch of accounting in which decisions are being made with the…

Q: Most people view is worth bearing. due to technological change as a necessary cost that Select the…

A: Answer: Correct options are (a) and (c).

Q: QUESTION 35 The purpose of social regulation is O to control the price that regulated enterprises…

A: Social regulation means the regulation to be followed by business houses for the betterment of…

Q: Why does the high cost of the system negatively impact the organization's bottom line?

A: The question is based on the concept of bottom line of a company and its relationship with high cost

Q: When markets fail to allocate resources efficiently in an industry, the government often intervenes…

A: When social optimality is not achieved in an economy due to inefficient allocation of resources,…

Q: b. How should the environmental effects be dealt with when evaluating this project? I. The…

A: Net present value is the difference between the present value of cash inflows and present value of…

Q: 7. Which of the following statements is CORRECT? a. A sunk cost is any cost that must be expended in…

A: In this question we need to select the correct statement in relation to Sunk cost.

Q: Discontinuing a product or segment is a huge decision that must be carefully analyzed. Which of the…

A: The discontinued business operation may be referred to as that business segment or product line…

Q: The president of Bright Corporation tells you that he sees a dim future for his company. He feels…

A: If fixed costs are high, a company find it difficult to manage short term revenue fluctuation,…

Q: 1.Why the limitation of portfilio analysis that have caused some companiesto reduce their approach…

A: Portfolio analysis is a method of evaluating an investment portfolio to meet the requirements of an…

Q: “If a product line is generating a loss, then it should be discontinued.” Do you agree? Explain.

Q: Samsung must confront sunk costs. Why are sunk costs irrelevant in deciding whether to sell a…

Q: Which of the following is not true regarding continuous improvement?A. It applies to both service…

A: Continuous Improvement means business or process should be improving on regular or continuous basis.…

Q: Do you think it is realistic for a smaller company to reach and enjoy this beneficial negative CCC?

A: CCC CCC stands for cash conversion cycle. It refers to the time taken in days by a business to…

Q: Which of the following is a false statement about scrap and by-products? Select one: a. Both scrap…

A: Scrap is the incidental residue from material used in production activities that can be recovered…

Q: 1) Which of the following is a reason that has accelerated the demand for refinements to the costing…

A: Due to the Diversity of Products and completions are some of the factors for refinements to the…

Q: 12. Which of the following will increase a company's overall equipment effectiv (OEE)? Decrease in…

A: Overall Equipment Effectiveness (OEE) refers to measure or criteria or standard of, as the name…

Q: If a firm applies the same discount rate to all projects for all of its divisions, the firm will…

A: Discounted method techniques are applied under capital budgeting in financial management. In…

Q: Cite a specific example of non-value added activity that can be eliminated in a particular industry.…

A: NVA activities are tasks that do not add to the shape or function of the market. Filing, copying,…

Q: According to the classical model, there is no need for government intervention in the economy. If…

A: The answer is A. True

Q: All of the following should be considered in a make-or-buy decision except a. quality issues with…

A: The company's aim will be to increase the profitability of the company. The profits can be arrived…

Q: Which of the following best describes a Joint-Product? a) It is the expected loss in the efficient…

A: When two products are manufactured in such a way that they cannot be manufactured without each…

Q: cost approach limitations the economic value

A: Option a is wrong because standard cost is based on costs of previous performance and can be used…

Q: Which of the following is not an advantageous reason to reduce inventories? a. Inventories provide a…

A: Inventories are the stocks of finished goods which are purchased, utilized as well as maintained by…

Q: dentify each of the following risks as most likely to be systematic risk or diversifiable risk: The…

A: Systematic risk is the risk which is caused by macroeconomic factors also known as market risk.…

Q: James is considering replacing his worn-out machines. Which of the following is not a relevant cost…

A: Relevant cost for the purpose of decision making are the cost that have certain ‘relevance’ in the…

Q: In deciding whether to drop its electronics product line, Smith Company should consider a. how…

Q: 2.Which of the following are sunk costs for deciding whether to accept or reject a project?…

A: Sunk Cost: These are unrecoverable costs , that has already been incurred and is not affected by…

Q: Why might managers resist buying a more expensive piece of equipment, known to have a lower TCO,…

A: Managers resist purchasing an extra expensive part of equipment so as to evade high initial outlay.

Q: 2.Costs that are incurred in bringing the inventories to their present location and condition are…

A: Introduction:- Any Costs incurred in bringing the inventories to their present location and…

Q: The question of value refers to "is a resource currently controlled by only a small number of…

A: VRIO framework includes the decisions which are to be taken by the firms to make competent…

Q: Which of the following is a suitable disadvantage of social responsibility? a. Ethical obligation b.…

A: Social responsibility refers to the concept of adding various policies and programs with moral…

Q: 6) Which of the following is an example of competing on quick response? A) A firm produces its…

A: Financial Management: In layman’s words, financial management is the management of the finance or…

Question

100%

17. Moral wear and tear may be the result of
a) cheaper production machines;
b) scientific and technological progress;
c) the creation of new productive machines;
d) there is no right answer3;
e) all the answers are correct.

Feedback
Hide Annotations
Export Highlights
16. Partial or complete loss of the main means of their consumer properties and
value - is:
a) load;
b) load;
c) use;
d) wear;
e) aging.

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.

Similar questions

Which of the following is not a benefit of using RFID technology: Select one: a. Increasing labour productivity b. Reduction of inventory c. Reduction of shrinkage d. Validation
The cost of lost future sales after a customer finds a defect in a product is which type of quality cost? a. Prevention cost b. Appraisal cost c. Internal failure cost d. External failure cost
Suppose that Target uses FIFO costing method but decided to change to the LIFOmethod. What are the steps Target would take to account for and report the change?
Which of the following is a prevention cost? a. Inspection of materials. b. Continuing supplier verification. c. Prototype inspection. d. Recalls.
increase in warehouse costs and (or) transportation costs? Group of answer choices A) Higher Dollar Value of products B) Greater risk of damage to products C) Special handling requirements D) Only A and B are correct answers E) All A, B, and C are correct answers
Describe dropping unprofitable products or segments.
40, 40 1:13 0.10 KB/s 57 Sneaky Snacky Squirrel Inc. has a budget of $900,000 in 2021 for prevention costs. If it decides to automate a portion of its prevention activities, it will save $80,000 in variable costs. The new method will require $40,000 in training costs and $100,000 in annual equipment costs. Management is willing to adjust the budget for an amount up to the cost of the new equipment. The budgeted production level is 150,000 units. Appraisal costs for the year are budgeted at $600,000. The new prevention procedures will save appraisal costs of $50,000. Internal failure costs average $15 per failed unit of finished goods. The internal failure rate is expected to be 3% of all completed items. The proposed changes will cut the internal failure rate by one-third. Internal failure units are destroyed. External failure costs average $54 per failed unit. The company's average external failures average 3% of units sold. The new proposal will reduce this rate by 50%. Assume all…
The cost of lost future sales after a customer finds a defect in a product is which type of quality cost? Prevention cost Appraisal cost Internal failure cost External failure cost
Q.How might Decorative Doors, Inc., use the new cost information from its activity-based costing system to address the declining market share for interior doors?
Which of the following is likely to be used to reduce the cost of reworking products? a. Activity sharing b. Activity elimination c. Activity reduction d. Activity selection
MACRS stands for a. Modified Annual Cost Recovery System b. Modified Audited Cost Recovery System c. Modified Accounting Cost Recovery System d. Modified Accelerated Cost Recovery System
Which of the following decreases the non-value added time of producing a product and in turn increases the quality of the product?a. Redesigning products b. Increasing movements of subassemblies c. Adding processes in production d. Increasing time spent on delivery of products