ETS MFT BUSINESS EXAM Questions and Correct Answers the Latest Update and Recommended Version
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Course
ETS MFT
Institution
ETS MFT
The principal difference between variable costing and absorption costing centers on:
a) whether variable manufacturing costs should be included as product costs
b) whether fixed manufacturing costs should be included as product costs
c) whether fixed manufacturing costs and fixed selling and adm...
ETS MFT BUSINESS EXAM Questions and
Correct Answers the Latest Update and
Recommended Version
The principal difference between variable costing and absorption costing centers on:
a) whether variable manufacturing costs should be included as product costs
b) whether fixed manufacturing costs should be included as product costs
c) whether fixed manufacturing costs and fixed selling and administrative costs should be
included as product costs
d) none of these.
→ B
General Bikes is debating which marketing research options to employ. The traditional person-
to-person methods have been effective; however, the new director of market research is
campaigning for online-based research. What argument for this method might he/she use?
a) Consumers are more relaxed at home in front of their computers, therefore it is more likely
a) it focuses on providing incentives for the long run when most workers are mainly concerned
with incentives that apply to their current situation
b) managers have a hard time applying it to real-world situations because of its abstract
nature
c) worker motivation is based on perceptions of fairness, and the perceptions workers have
about their contributions are not always accurate
d) it is concerned with the nature of the job itself rather than with what motivates the workers
who perform the job
→ C
All of the financial statements are for a period of time except the
a) Income statement
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