Which of the following income statement items is analyzed using the sales mix and the sales quantity variances?

Which of the following is the most significant disadvantage of a cost-based transfer price? (CIA adapted)

Which of the following responsibility centers is affected by the use of market-based transfer prices?

Multinational firms often face conflicting pressures when developing transfer pricing policies. Tax avoidance results when:

Residual income is a better measure for performance evaluation of an investment center manager than return on investment because: (CMA adapted)

All other things constant, which of the following would increase residual income?

Oklahoma Telephone Company has been forced by competition to put much more emphasis on planning and controlling its costs. Accordingly, the company’s controller has suggested initiating a formal budgeting process. Which of the following steps will not help the company gain maximum acceptance by employees of the proposed budgeting system? (CMA adapted)

The number of units required for production is equal to:

Internal controls include all of the following except:

Which of the following subunits would most likely be considered a cost center?