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Q1 VB
Q1 VB
Q1 VB
If a special order is accepted for 10,000 hats at a price of $25 per unit, net
income would ________.
A) increase by $20,000
B) increase by $50,000
C) increase by $90,000
D) decrease by $24,000
Answer: B
1) When evaluating short-term special order decisions, we normally do not
use contribution margin approach of income statements
False
19) Most scorekeeping information is produced on a nonroutine basis.
Answer: FALSE
14) Financial accounting reports are usually prepared for a period of one year
or less.
Answer: TRUE