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NEW QUESTION: 1
The instance diagram in the exhibit contains father and son without underlines. What is the meaning of this?

A. The names are incorrectly specified, because underlined names are required.
B. A link of an association having end names father and son.
C. The diagram is a mixture of class and instance diagrams.
D. The Don class is a superclass of the Josh class.
E. An association having end names father and son.
Answer: B

NEW QUESTION: 2
Which of the following is a global network of computers and computer networks all working to a common set of open communication standards?
A. PBX
B. Internet
C. PSTN
D. Point-to-point
Answer: B

NEW QUESTION: 3
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 cost described in situation II above is a:
A. Sunk cost.
B. Discretionary cost.
C. Relevant cost.
D. Prime cost.
Answer: B
Explanation:
Choice "c" is correct. Discretionary cost. The proposed cost for plant service for the grounds at corporate
headquarters is an example of an avoidable cost that is discretionary.
Choice "a" is incorrect. Prime costs are direct materials and direct labor.
Choice "b" is incorrect. Sunk costs are costs previously incurred and not relevant.
Choice "d" is incorrect. Relevant costs are expected future costs that vary with the action taken.