[单项选择]A company that capitalizes costs instead of expensing costs would have :（）
A. higher income variability and higher cash flows from operations.  
B. lower cash flows from investing and lower income variability.  
C. lower cash flows from operations and higher profitability in early years.

[填空题]Which department works out the company’s costs and its profits

[填空题]Who looks at the company’s costs and its profits

[单项选择]An analyst does research about depreciation expense for a company. The company purchases equipment for $1200000 with an estimated useful life of 6 years and no estimated residual value. Using the double-declining balance method, the depreciation expense for year 3 is closest to:（）
A. $177778
B. $200000
C. $266667

[填空题]A reseller can actually reduce much capital expense by outsourcing customer support services.

[单项选择]Costs included in the determination of a company’s economic profit that are also most likely to be included in that company’s accounting costs are:（）
A. explicit costs.
B. economic depreciation and foregone interest.
C. opportunity costs associated with labor provided by the company’s owners.

[简答题]Part 2&3Why are people giving more and more expensive gifts Do you like giving gifts or receiving gifts On what occasions do Chinese people give gifts How do you choose presents for others if you don’t know what they like Is it difficult to buy the right present Is it good to give money or presents How do you think about buying gifts online Why should we give different gifts to different people What gift do you want to receive How do you think about people giving money to charity organization Do you think parents are buying too many things for their children An exciting experience Describe an exciting experience you had You should say: what it was when and where you had it who with you was and explain why this experience was exciting for you.

[单项选择]Higher taxes are likely to ______ importing expensive cars into the country.
A. encourage
B. discourage
C. protect
D. persuade

[判断题]Prime costs include direct materials costs, direct labor costs and indirect manufacturing costs.

[判断题]Sale costs are the total of all costs that a buyer and a seller incur as they gather information and negotiate a purchase-sale transaction.( )

[多项选择]Company

[单项选择]In approximating costs, the estimator considers the possible causes of variation of the cost estimates, including .
A. budget B. plan C. risk D. contract

[单项选择]Estimating schedule activity costs involves developing an （69） of the costs of the resources needed to complete each schedule activity. Cost estimating includes identifying and considering various costing alternatives. For example, in most application areas, additional work during a design phase is widely held to have the potential for reducing the cost of the execution phase and product operations. The cost estimating process considers whether the expected savings can offset the cost of the additional design work. Cost estimates are generally expressed in units of （70） to facilitate comparisons both within and across projects. The （71） describes the business need, justification, requirements, and current boundaries for the project. It provides important information about project requirements that is considered during cost estimating.
A. activity
B. work
C. currency
D. time

[单项选择]