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Free CPA-Business CPA Exam Questions - AICPA CPA-Business Exam

AICPA CPA-Business Exam

AICPA-Business Exam - Prepare from Latest, Not Redundant Questions!

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AICPA CPA-Business CPA Exam Sample Questions:

Q1.

Select Co. had the following 1994 financial statement relationships:

Asset turnover 5

Profit margin on sales 0.02

What was Select's 1994 percentage return on assets?

Q2.

The following selected data pertain to the Darwin Division of Beagle Co. for 1994:

q2_CPA-Business

What was Darwin's 1994 residual income?

Q3.

One approach to measuring divisional performance is return on investment. Return on investment is expressed as operating income:

Q4.

The imputed interest rate used in the residual income approach to performance evaluation can best be described as the:

Q5.

Managerial performance can be measured in many different ways including return on investment (ROI) and residual income (RI). A good reason for using RI instead of ROI is that:

Solutions:
Question: 1 Answer: D
Question: 2 Answer: D
Question: 3 Answer: D
Question: 4 Answer: B
Question: 5 Answer: B
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