102) Opportunity costs represent the cash flows directly associated with the production and transfer of
the products and services.
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.
105) Dual pricing reduces the goal-congruence problem associated with a pure cost-based
106) The only price a firm should use when transferring goods from one subunit to another subunit is
107) Presenting financial and non-financial information in a single report is called the 'unified reporting
108) There are only two methods for determining transfer prices: market-based transfer prices and
cost-based transfer prices.
109) One benefit of centralisation is an increase in development of an experienced pool of management
talent to fill higher-level management positions.
110) Effort in terms of management control systems is defined in terms of physical exertion such as a
worker producing at a faster rate.