All other things being equal, if a divisions traceable fixed expenses increase:

1)	The divisions contribution margin will increase.

2)	The divisions contribution margin will decrease.

3)	The divisions segment margin will increase.

4)	The divisions segment margin will decrease.

If there are traceable fixed costs then:

1)	The company will breakeven.

2)	Sales will be greater than the contribution margin.

3)	The segment margin will be less than the contribution margin.

4)	None of the above.

In a Net Present Value computation,

1)	You net together the present value of the cash inflows and the cash outflows.

2)	Cash savings are considered cash outflows.

3)	You use a present value of an annuity table to compute the cash inflow for salvage value.

4)	Cash expenses are cash inflows and cash revenues are cash outflows.

The principal difference between variable costing and absorption costing center on:

1)	Whether variable manufacturing costs should be included in product costs.

2)	Whether fixed manufacturing costs should be included in product costs.

3)	Whether selling and administrative costs should be included in product costs.

4)	None of the above.