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Chapters 1-4 The Accounting Cycle
Chapters 5-8 Current Assets
Chapters 9-11 Long-Term Assets
Chapters 12-14 Liabilities/Equities
Chapters 15-16 Using Information
- Chapter 15: Financial Reporting and Concepts
- Chapter 16: Financial Analysis and the Statement of Cash Flows
Chapters 17-20 Managerial/Cost
Chapters 21-24 Budgeting/Decisions

Chapter 18 - Fill in the Blanks

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Question 1 of 10

1. Question
____________ cost varies in direct proportion to a change in activity base.
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Question 2 of 10

2. Question
The area of activity where a specified cost relationships is expected to hold true is known as the ____________.
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Question 3 of 10

3. Question
Cost functions which change only when a sizable change in volume is experienced are called ____________ costs.
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Question 4 of 10

4. Question
____________ fixed costs arise from an organization’s commitment to engage in operations, whereas ____________fixed costs are those that originate from top management’s yearly spending decisions.
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Question 5 of 10

5. Question
A graphical representation of observed relationships between costs and activity levels is termed a ____________.
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Question 6 of 10

6. Question
The ____________ method focuses on only two data points when analyzing costs.
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Question 7 of 10

7. Question
Selling price minus variable costs is termed the ____________ margin.
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Question 8 of 10

8. Question
On a break-even chart the amount by which the total revenue line is above the total cost line is the amount of ____________ .
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Question 9 of 10

9. Question
The amount of sales necessary to produce a particular level of income, often called the ____________ income, can be determined by using cost-volume-profit analysis.
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Question 10 of 10

10. Question
Fixed costs divided by unit contribution margin equals break-even sales in ____________.
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Illustrative Entries

Examples of journal entries for numerous sample transactions

Account Types

Typical financial statement accounts with debit/credit rules and disclosure conventions

Glossary

Includes financial and managerial terms

Time Value of Money

Future and present value tables

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Chapters 1-4
Chapters 5-8
Chapters 9-11
Chapters 12-14
Chapters 15-16
- Chapter 15: Financial Reporting and Concepts
- Chapter 16: Financial Analysis and the Statement of Cash Flows
Chapters 17-20
Chapters 21-24
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