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ACCT 346 Midterm Exam Answers

ACCT 346 Midterm Exam Answers1. Question : (TCO 1) Managerial accounting stresses accounting concepts andprocedures that are relevant to preparing reports for2. Question : (TCO 1) Which of the following costs does not change when thelevel of business activity changes?3. Question : (TCO 1) You own a car and are trying to decide whether or notto trade it in and buy a new car. Which of the following costs is anopportunity cost in this situation?C

ACCT 346 Midterm Exam Answers1. Question : (TCO 1) Managerial accounting stresses accounting concepts andprocedures that are relevant to preparing reports for2. Question : (TCO 1) Which of the following costs does not change when thelevel of business activity changes?3. Question : (TCO 1) You own a car and are trying to decide whether or notto trade it in and buy a new car. Which of the following costs is anopportunity cost in this situation?C

ACCT 346 Midterm Exam Answers

ACCT 346 Midterm Exam Answers

ACCT 346 Midterm Exam Answers1. Question : (TCO 1) Managerial accounting stresses accounting concepts andprocedures that are relevant to preparing reports for2. Question : (TCO 1) Which of the following costs does not change when thelevel of business activity changes?3. Question : (TCO 1) You own a car and are trying to decide whether or notto trade it in and buy a new car. Which of the following costs is anopportunity cost in this situation?C