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Question 9 Time left 1:54:09 Not yet Samsung smart phones are achieving fame and popularity with the passage of time, producing new products with better quality. They have multiples models with different features and quality. They need cost of production budget to produce smart phones. answered Marked out of 200 Flag question Select one: True O False Question 10 Not yet Shams tiles have started a new project and need to purchase machinery and equipment. The management of Shams tiles has approved production budget for all theses purchases. answered Marad out of 200 Select one: True Rag question False Question 11 The Managerial Accountants strive hard to prepare the information for sharing with board of accountancy. Not yet answered Marked out of 2.00 Select one: True Flag question O False Question 12 Not yet Coca cola and Pepsi are the competitors. Pepsi sales and revenue are better than the coca cola. Which of the following pricing strategy is applicable to coca cola? answered Marked out of 2.00 Flag question O a Absorption Cost Pricing Ob Penetration Pricing Oc Cost-plus pricing O d. Skimming price Question 15 Not yet answered PDO have inaugurated Yibal Khuff Project in Oman, which is the second largest project by PDO. The project cost is $ 2.6 Billion. They have projected that they are going to get 5 million cubic meter of gas per day. They have hired 1200 Omanis for the project. They may need some more employees soon due to the nature of the business. Which kind of budget they need: Marked out of 2.00 P Flag question O a. Purchase budget Ob. Personnel budget . Research budget d. Cost of production budget Question 16 Which of the following is not true for economic profit maximizing model? Not yet innovered increase in price of goods, demand for good decreases Marked out of 2.00 P Rag question O b. revenue per unit sold subtracted from average revenue Oc profit is achieved when cost is subtracted from revenue O d. prices are set by the companies for their product Question 17 Not yet answered ABC LLC reflect their financial results and highlights a difference in actual and budgeted amount through responsibility accounting. Marked out of 200 Pag question Select one: True False Question 18 With increase in prices, supply of the product will decline, it is an example of cause and effect. Not yet answered Marked out of 2.00 Select one: True P Flag question False