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Question 9 (1 point) Which of the following is NOT one of the primary responsibilities of management? Planning O Adhering to GAAP Controlling Evaluating Question 10 (1 point) Managerial accounting would use which of the following types of information? Forecasts of future earnings Financial information Nonfinancial information All of the above Question 7 (1 point) The percentage of market share may be an example of measuring which perspective of the balanced Scorecard? Financial Learning and growth Internal business Customer Question 8 (1 point) The four perspectives of the balanced Scorecard include all of the following EXCEPT cost. learning and growth. financial. customer. Question 6 (1 point) If selling and administrative expenses decrease while other expenses remain constant, what will happen to return on investment (ROI)? ROI will decrease. We cannot determine the direction of the effect from the information provided. ROI will not be affected. ROI will increase. Question 5 (1 point) Ocelot Corporation had the following results last year (in thousands). Management's target rate of return is 30% and the weighted average cost of capital is 5%. Its effective tax rate is 40%. Sales $20,000,000. Operating income $5,400,000. Average total assets $9,000,000. Current liabilities $5,100,000. What is the division's Return on Investment (ROI)? ROI = 27% ROI = 105.88% ROI = 166.67% ROI = 60%