Appendix B Adaptive Study Plan Questions

A balanced scorecard normally includes performance measures for all of the following EXCEPT

a$.$ customer service.

b$.$ financial performance.

c$.$ innovation and learning.

d$.$ external processes.

Bright Times Company manufactures table lamps. It is currently purchasing $90,000$ light bulbs from an outside supplier for $$0\mathrm{.}65$ per unit. Neon Company, a sister company, makes the same light bulb. Currently, Neon has excess production of $110,000$ units. Each light bulb is sold for $$0\mathrm{.}65$ per unit and has a variable cost of $$0\mathrm{.}30.$ Using the negotiated price approach, what is the price that should be negotiated between the two companies?

a$.$ $$0\mathrm{.}65$

b$.$ Between $$0\mathrm{.}30$ and $$0\mathrm{.}65$

c$.$ $$0\mathrm{.}48$

d$.$ $$0\mathrm{.}30$

A manager of a cost center has responsibility for

a$.$ costs and profit.

b$.$ costs only.

c$.$ costs and investments.

d$.$ costs, profit, and investments.

Which of the following costs can be used in the cost approach to transfer pricing?

a$.$ Budgeted costs

b$.$ Actual costs

c$.$ Standard costs

d$.$ All of these choices are correct.