管理会计f2选择题题库Word文档格式.docx
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3.Whichofthefollowingwouldbedataratherthaninformation(B)
ASalesincrease/decreaseperproductinlastquarter
BTotalsalesvalueperproduct
CSalesmadepersalesmanasapercentageoftotalsales
DSalesstaffcommissionasapercentageoftotalsales
4.Whichofthefollowingwouldbeclassedasindirectlabour(B)
AAssemblyworkersinacompanymanufacturingtelevisions
BAstoresassistantinafactorystore
CPlasterersinaconstructioncompany
DAconsultantinafirmofmanagementconsultants
5.Acompanymakeschairsandtables.Whichofthefollowingitemswouldbetreatedasanindirectcost(D)
AWoodusedtomakeachairBMetalusedforthelegsofachair
CFabrictocovertheseatofachairDThesalaryofthesalesdirectorofthecompany
6.Whichofthefollowingbestdescribesacontrollablecost(C)
AAcostwhicharisesfromadecisionalreadytaken,whichcannot,intheshortrun,bechanged.
BAcostforwhichthebehaviourpatterncanbeeasilyanalysedtofacilitatevalidbudgetarycontrolcomparisons.
CAcostwhichcanbeinfluencedbyitsbudgetholder.
DAspecificcostofanactivityorbusinesswhichwouldbeavoidediftheactivityorbusinessdidnotexist.
7.Whichofthefollowingbestdescribesaperiodcost(A)
Acostthatrelatestoatimeperiodwhichisdeductedasexpensesfortheperiodandisnot
includedintheinventoryvaluation.
BAcostthatcanbeeasilyallocatedtoaparticularperiod,withouttheneedforarbitrary
apportionmentbetweenperiods.
CAcostthatisidentifiedwithaunitproducedduringtheperiod,andisincludedinthevalueofinventory.Thecostistreatedasanexpensefortheperiodwhentheinventoryisactuallysold.
DAcostthatisincurredregularlyeveryperiod,egeverymonthorquarter.
8.Fixedcostsareconventionallydeemedtobewhichofthefollowing(D)
AConstantperunitofoutputBOutsidethecontrolofmanagement
CEasilycontrolledDConstantintotalwhenproductionvolumechanges
9.
.
WhichoneoftheabovegraphsillustratesthecostsdescribedAlinearvariablecost–whentheverticalaxisrepresentscostincurred.(B)
AGraph1BGraph2CGraph4DGraph5
WhichoneoftheabovegraphsillustratesthecostsdescribedAfixedcost–whentheverticalaxisrepresentscostincurred.(A)
AGraph1BGraph2CGraph3DGraph6
WhichoneoftheabovegraphsillustratesthecostsdescribedAlinearvariablecost–whentheverticalaxisrepresentscostperunit.(A)
WhichoneoftheabovegraphsillustratesthecostsdescribedAsemi-variablecost–whentheverticalaxisrepresentscostincurred.(C)
AGraph1BGraph2CGraph4DGraph5
WhichoneoftheabovegraphsillustratesthecostsdescribedAstepfixedcost–whentheverticalaxisrepresentscostincurred.(A)
AGraph3BGraph4CGraph5DGraph6
10.Aproductionworkerispaidasalaryof$650permonth,plusanextra5centsforeachunitproducedduringthemonth.Howisthistypeoflabourcostbestdescribed(D)
AAvariablecostBAfixedcostCAstepcostDAsemi-variablecost
11.Atotalcostisdescribedasstayingthesameoveracertainactivityrangeandthenincreasingbutremainingstableoverarevisedactivityrangeintheshortterm.
Whattypeofcostisthis(D)
AAfixedcostBAvariablecostCAsemi-variablecostDAsteppedfixedcost
12.WhatistheeconomicbatchquantityusedtoestablishOptimal(C)
AreorderquantityBrecorderlevel
CorderquantityDinventorylevelforproduction
13.AcompanydeterminesitsorderquantityforarawmaterialbyusingtheEconomicOrderQuantity(EOQ)model.WhatwouldbetheeffectsontheEOQandthetotalannualholdingcostofadecreaseinthecostoforderingabatchofrawmaterial(D)
EOQTotalannualholdingcost
AHigherLower
BHigherHigher
CLowerHigher
DLowerLower
14.Over-absorbedoverheadsoccurwhen(A)
AAbsorbedoverheadsexceedactualoverheads
BAbsorbedoverheadsexceedbudgetedoverheads
CActualoverheadsexceedabsorbedoverheads
DActualoverheadsexceedbudgetedoverheads
15.Budgetedoverheads$690,480Budgetedmachinehours15,344
Actualmachinehours14,128Actualoverheads$679,550
Basedonthedataabove,whatisthemachinehourabsorptionrate(tothenearest$)(B)
A44permachinehourB45permachinehour
C48permachinehourD49permachinehour
16.Absorptioncostingisconcernedwithwhichofthefollowing(D)
ADirectmaterialsBDirectlabour
CFixedcostsDVariableandfixedcosts
17.Thefollowingstatementshavebeenmadeaboutlifecyclecosting.
(1)Lifecyclecostingcanbeappliedtoproductswithashortlifecycle.
(2)Productlifecyclecostingisnotwell-suitedforusewithinbudgetarycontrolsystems.
Whichoftheabovestatementsis/aretrue(D)
A1onlyB2only
CNeither1nor2DBoth1and2
18.Thefollowingstatementshavebeenmadeabouttargetcosting.
(1)Targetcostingmakesthebusinesslookatwhatcompetitorsareofferingatanearlystageinthenewproductdevelopmentprocess.
(2)Costcontrolisemphasisedatthenewproductdesignstagesoanyengineeringchangesmusthappenbeforeproductionstarts.
A1onlyB2only
19.Thefollowingstatementshavebeenmadeabouttargetcosting.
(1)Targetcostingisinappropriateforanewproductthathasnoexistingmarket.
(2)Itmaybeacceptableforatargetcostforanewproducttobeexceededduringthegrowthstageofitslifecycle.
Whichoftheabovestatementsis/aretrue(B)
20.Thefollowingstatementshavebeenmadeaboutthroughputaccounting.
(1)Whenthroughputaccounting(TA)isused,theaimshouldbetohavesufficientinventoriestoovercomebottlenecksinproduction.
(2)Throughputaccountingisbasedontheassumptionthatintheshortrun,mostfactorycosts,otherthanmaterials,arefixed.
21.Thefollowingstatementshavebeenmadeaboutactivitybasedcosting.;
’’
(1)ImplementationofABCisunlikelytobecost-effectivewhenvariableproductioncostsarealowproportionoftotalproductioncosts.
(2)InasystemofABC,forcoststhatvarywithproductionlevels,themostsuitablecostdriverislikelytobedirectlabourhoursormachinehours.
Whichoftheabovestatementsis/aretrue(B)
22.Inthetheoryofconstraintsandthroughputaccounting,whichofthefollowingmethodsmaybeusedtoelevatetheperformanceofabindingconstraint(C)
(1)Acquiremoreoftheresourcethatisthebindingconstraint.
(2)Improvetheefficiencyofusageoftheresourcethatisthebindingconstraint.
C1and2DNeither1nor2
23.Thefollowingstatementshavebeenmadeaboutlifecyclecosting.
(1)Lifecyclecostingismoreusefulforplanningthanforcontrolpurposes.
(2)Mostofthelifecyclecostsforaproductaredeterminedbydecisionstakenintheearlystageofaproduct’slifecycle.
24.Thefollowingstatementshavebeenmadeaboutactivitybasedcosting.
(1)Activitybasedcostsarenotthesameasrelevantcostsforthepurposeofshort-rundecision-making.
(2)Activitybasedcostingisaformofabsorptioncosting.
25.Thefollowingstatementshavebeenmadeaboutactivitybasedcosting.
(1)InasystemofABC,apportionmentofsomeoverheadcostsmayneedtobedoneonanarbitrarybasis.
(2)Thecostsofintroducingandmaintaininganactivitybasedcostingsystemmayexceedthebenefitsofsuchacostingsystem.
A1onlyB2only
26.Thefollowingstatementshavebeenmadeabouttargetcosting.
(1)Targetcostingensuresthatnewproductdevelopmentcostsarerecoveredinthetargetpricefortheproduct.
(2)Acostgapisthedifferencebetweenthetargetpriceandthetargetcost.
Whichoftheabovestatementsis/aretrue(C)
27.Inwhichofthefollowingwaysmightfinancialreturnsbeimprovedoverthelifecycleofaproduct(C)
(1)Maximisingthebreakeventime.
(2)Minimisingthetimetomarket.
(3)Minimisingthelengthofthelifecycle.
A1and2onlyB1and3only
C2onlyD2and3only
28.Thefollowingstatementshavebeenmadeabouttargetcosting.
(1)Targetcostingisnotwell-suitedforservicesthathavealargefixedcostbase.
(2)Costsmaybereducedintargetcostingbyremovingproductfeaturesthatdonotaddvalue.
29.Thefollowingstatementshavebeen