BA2 Exam Dumps : Fundamentals of management accounting

Which of the following statements is correct?

(i) Public sector bodies use annual budgets and thus have no need for longer term strategic planning information

(ii) Public sector budgets are fixed budgets therefore the use of flexible budgets for cost control purposes is not appropriate

(iii) Public sector performance indicators include both financial and non-financial information

Refer to the exhibit.

The following data are available for last period for the x-ray department of a local hospital:

The x-ray department cost per patient for last period was (to the nearest $0.01) is:

Refer to the exhibit.

A company is considering purchasing a machine that will have a useful life of three years after which time it will be sold. Relevant cash flows relating to the purchase and operation of the machine are as follows.

The annual cost of capital is 14%.

The net present value of the investment in the machine is, to the nearest whole $: