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NEW QUESTION 26
The type of data anarytics mat seeks to identify the best action to take in oraer to achieve a desired result is

  • A. diagnostic analytics
  • B. directive analytics
  • C. prescriptive analytics
  • D. predictive analytics

Answer: C

 

NEW QUESTION 27
in times of declining prices using the Last-in First-Out (LIFO) cost flow assumption rather than the First-in, First-Out (FIFO) assumption will yield

  • A. lower assets and lower income
  • B. higher assets and lower Income
  • C. higher assets and higher income
  • D. lower assets and higher income

Answer: C

 

NEW QUESTION 28
A company's return on investment will increase it expenses decrease by $100 and

  • A. net profit remains unchanged
  • B. sales decrease by $100
  • C. net profit decreases by $100
  • D. total assets remain unchanged

Answer: D

 

NEW QUESTION 29
Sullivan Company's static Budget for the past year is shown below.
CMA-Financial-Planning-Performance-and-Analytics-de98e0aaa98ed4a4a5c9d2569ecc8088.jpg
Sullivan actually sow 11.000.000 units throughout the year which was a quantity within its relevant range. The flexible budget net income that should be used to compare to actual results is

  • A. $7,500,000.00
  • B. $6,580,000.00
  • C. $4,200,000.00
  • D. $11,500,000.00

Answer: B

 

NEW QUESTION 30
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