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9) Which of the following departments is most likely to be a A) sales department of a company selling industrial tools 8) call center of a company that serves customers and cross-sells other products C) maintenance department of a luxury resort D) research department of a company providing consultancy services cost center? 10) A master budget A) is the initial plan of what the company intends to accomplish in the period and evolves from both the operating and financing decisions B) is a substitute for the management functions of planning and coordination C) improves companies market capitalization and evolves from both the investing and financing decisions D) provides an ethical framework for decision making 11) A company's actual performance should be compared against budgeted amounts for the same accounting period so that A) adjustments for future conditions can be included-Answer B) to avoid any feedback from the budgets due to past miscues C) inefficiencies of the past year can be included D) a rolling budget can be implemented is an example of an output unit-level cost in the cost hierarchy. 12) A) Factory rent expense B) Building security costs C) Top management compensation costs D) Machine depreciation Products SS and CP8 each are assigned $100.00 in indirect costs by a traditional costing system. An activity analysis revealed that although production requirements are identical, SS requires 45 minutes less setup time than CP8. under the traditional system. 13) According to an ABC system, CP8 is A) undercosted B) overcosted C) fairly costed D) accurately costed

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