11. The salary paid to a store manager is a traceable fixed expense of the store. True False 12…. 1 answer below »

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11. The salary paid to a store manager is a traceable
fixed expense of the store.
True False

12. Segmented statements for internal use should be
prepared in the contribution format.
True False

13. Fixed costs that are traceable to a segment may
become common if the segment is divided into smaller units.
True False

14. The contribution margin is viewed as a better
gauge of the long run profitability of a segment than the segment margin.
True False

15. In responsibility accounting, each segment in an
organization should be charged with the costs for which it is responsible and
over which it has control plus its share of common organizational costs.
True False

16. The contribution margin tells us what happens to
profits as volume changes if a segment’s capacity and fixed costs change as
well.
True False

17. Only those costs that would disappear over time if
a segment were eliminated should be considered traceable costs of the segment.
True False

18. In segment reporting, sales dollars is usually an
appropriate allocation base for selling, general, and administrative
expenses.
True False

19. A segment is any portion or activity of an
organization about which a manager seeks revenue, cost, or profit data.
True False

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