Question: Hi. Please help me solve this question 1. Please mark the following statements, 'T' for True and 'F' for False T F a) The 'flex'

 Hi. Please help me solve this question 1. Please mark the

Hi. Please help me solve this question

1. Please mark the following statements, 'T' for True and 'F' for False T F a) The 'flex' in flexible budgets is due to the presence of Fixed costs in the overheads. b) Flex budgets are vital for controlling Indirect Manufacturing costs T F c) Goal congruence is not an issue in management control system design T F T F d) Some management conflict is unavoidable in a decentralized firm with many profit centers that have dealings among themselves e) EVA is just another modified form of Residual Income T F. f) ROI is the best measure for planning capital projects T F g) Transfer Pricing is irrelevant in cross-border pricing T F T F h) Direct cost variances never suggest that the standard costs may be flawed T F i) Basing transfer pricing on actual costs provides good incentive to the selling division to control costs T F j) Fixed Manufacturing Overhead always has a Production Volume Variance k) Fixed costs are always irrelevant in make versus buy decisions T F 1) Opportunity costs are routinely reported by the accounting system F (22 points) m) List the THREE areas you would investigate, with a brief explanation of why and how, if you consistently got Unfavorable Manufacturing Variances (12 points)

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