LFCA Practice Questions

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NEW QUESTION: 1
Management accountants are frequently asked to analyze various decision situations including the
following.
I. The cost of a special device that is necessary if a special order is accepted.
II. The cost proposed annually for the plant service for the grounds at corporate headquarters.
III. Joint production costs incurred, to be considered in a sell-at-split versus a process-further decision.
IV. The costs associated with alternative uses of plant space, to be considered in a make/buy decision.
V. The cost of obsolete inventory acquired several years ago, to be considered in a keep-versusdisposal
decision.
The costs described in situations I and IV above are:
A. Prime costs.
B. Sunk costs.
C. Discretionary costs.
D. Relevant costs.
Answer: D
Explanation:
Choice "d" is correct. Relevant costs.
Both I and IV are costs that are relevant to a decision.
Choice "a" is incorrect. Prime costs include direct material and direct labor.
Choice "b" is incorrect. Sunk costs are costs previously incurred and not relevant to decision-making.
Choice "c" is incorrect. Discretionary costs are discretionary. In I, the special device is necessary.

NEW QUESTION: 2
You are building an application that provides real-time audio and video services to customers on the Internet. The application requires high throughput. To ensure proper audio and video transmission, minimal latency is required.
Which of the following will improve transmission quality?
A. Enable enhanced networking
B. Use multiple elastic network interfaces
C. Enable jumbo frames
D. Select G2 instance types
Answer: B

NEW QUESTION: 3
Scenario:
CGE needs to define its management process for desktop image releases. Some groups need a process for version control that includes thorough testing prior to production.
Why does using Windows Deployment Services and installing Windows applications into an image help manage the image versioning process?
A. It standardizes the application deployment process.
B. It automatically deploys the latest drivers and patches.
C. It facilitates the use of App-V packages.
D. It reduces application deployment time.
Answer: A