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?

Which of the following subunits is most likely to be considered an investment center?

Controllable revenue is included in a performance report of a(n): Profit Center Investment Center A. Yes No B. Yes Yes C. No No D. No Yes

Which of the following would be an appropriate cost allocation base for allocating the cost of the company cafeteria?

Which of the following is the least practical reason for allocating service department costs to user departments?

Internal failure activities:

A nurse is teaching the parent of a terminally ill child about end-of-life care. Which of the following statements by the parents indicates an understanding of the teaching?