Which of the following would be least likely to drive a company's staging decision regarding
expansion into a particular market?
A) a brief, time-bound window of opportunity for the expansion
B) significant financial resources made available for the expansion
C) the need for early wins in the proposed expansion market
D) a sense of urgency posed by technological advances in the market
B
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Which one of the following is a criticism of equating the goals of maximizing the ROE of a firm and maximizing the firm's shareholder wealth?
A) ROE is based on after-tax earnings, not cash flows. B) ROE does not consider risk. C) ROE ignores the size of the initial investment as well as future cash flows. D) All of the above are criticisms of ROE as a goal.
Companies that manufacture identical items through a series of uniform production steps use ________ to determine cost per unit sold
A) a process costing system B) a job order costing system C) the weighted-average method D) the first-in, first-out method