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The newest Mexico customers: In order to Declaration An issue Otherwise Ailment With this Bank, It is possible to Make Or Label: Customer Sense – Get in touch with Movie director, Oportun, PO Package 4085, Menlo Playground, California 94026; 888-408-3020 ; [email secure] . So it lender was signed up and managed by The new Mexico Control and Licensing Agency, Creditors Department, PO Package 25101, 2550 Cerrillos Street, Santa Fe, This new Mexico 87504. To report any unsolved trouble otherwise complaints, contact the latest division by phone at 505-476-4885 otherwise go to the webpages .

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Question 53. (A) Cost centers, profit centers, and investment centers can all be classified as responsibility centers. (B) The terms “direct fixed costs” and “indirect fixed costs” are synonymous with “traceable costs” and “common costs,” respectively. (C) Management by exception means that management will investigate areas where actual results differ from planned results if the items are material and controllable. (D) None of the above Answer: (D) All of the above

Question 56

Question 54. A major element in budgetary controlis: (A) The preparation of long-term plans (B) The comparison of actual results with planned objectives (C) The valuation of inventories (D) Approval of the budget by the stock-holders Answer: (B) The comparison of actual results with planned objectives

Question 55. Budget reports should be prepared (A) Daily (B) Monthly (C) Weekly (D) As frequently as needed Answer: (D) As frequently as needed

On the basis of the budget reports (A) Management analyzes differences between actual and planned results (B) Management may take corrective action (C) Management may modify the future plans (D) All of these Answer: (D) All of these