102) Opportunity costs represent the cash flows directly associated with the production and transfer of

the products and services.

102)

 

103) Management control systems reflect only financial data. 103)

 

104) The goal of a management control system is to improve the collective decisions in an organisation

in an economically feasible way.

104)

 

105) Dual pricing reduces the goal-congruence problem associated with a pure cost-based

transfer-pricing method.

105)

 

106) The only price a firm should use when transferring goods from one subunit to another subunit is

market price.

106)

 

107) Presenting financial and non-financial information in a single report is called the 'unified reporting

method.'

107)

 

108) There are only two methods for determining transfer prices: market-based transfer prices and

cost-based transfer prices.

108)

 

109) One benefit of centralisation is an increase in development of an experienced pool of management

talent to fill higher-level management positions.

109)

 

110) Effort in terms of management control systems is defined in terms of physical exertion such as a

worker producing at a faster rate.

110)

 

 

 

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