Target operating income is multiplied to tax rate and then subtracted from target operating income to calculate
A. target net cost
B. target net income
C. target net gain
D. target net loss
Answer: Option B
Solution(By Examveda Team)
Target operating income is multiplied to tax rate and then subtracted from target operating income to calculate target net income. Target income is the profit that the managers of a company expect to attain for a designated accounting period.Related Questions on Management Accounting
A. resourcing
B. value acquiring
C. production
D. value acquaintance
Examining of past performance, exploring alternative and planning future is
A. learning
B. alternating
C. examining
D. deciding
Time that a company takes to create and produce a new product is classified as
A. management factor
B. time factor
C. customer factor
D. chain factor
Purpose of management accounting is to
A. past orientation
B. help banks make decisions
C. help managers make decisions
D. help investors make decision
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