管理会计 考试问题Word文档格式.docx

管理会计 考试问题Word文档格式.docx

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C）

D）

3.Allotherthingsequal,acompany'

sreturnoninvestment（ROI）wouldgenerallyincreasewhen:

A）averageoperatingassetsincrease.

B）salesdecrease.

C）operatingexpensesdecrease.

D）operatingexpensesincrease.

4.TheperformanceofthemanagerofDivisionAismeasuredbyresidualincome.Whichofthefollowingwouldincreasethemanager'

sperformancemeasure?

A）Increaseinaverageoperatingassets.

B）Decreaseinaverageoperatingassets.

C）Increaseinminimumrequiredreturn.

D）Decreaseinnetoperatingincome.

5.Considerthefollowingthreestatements:

I.Aprofitcenterhascontroloverbothcostandrevenue.

II.Aninvestmentcenterhascontroloverinvestedfunds,butnotovercostsandrevenue.

III.Acostcenterhasnocontroloversales

Whichstatement（s）is/arecorrect?

A）OnlyI

B）OnlyII

C）OnlyIandIII

D）OnlyIandII

6.Acompany'

sreturnoninvestmentisthe:

A）margindividedbyturnover.

B）marginmultipliedbyturnover.

C）turnoverdividedbyaverageoperatingassets.

D）turnovermultipliedbyaverageoperatingassets.

E）noneoftheabove.

7.DelmarCorporationisconsideringtheuseofresidualincomeasameasureoftheperformanceofitsdivisions.Whatmajordisadvantageofthismethodshouldthecompanyconsiderbeforedecidingtoinstituteit?

A）thismethoddoesnotmakeallowancefordifferenceinthesizeofcompareddivisions.

B）opportunitiesmaybeundertakenwhichwilldecreasetheoverallreturnoninvestment.

C）theminimumrequiredrateofreturnmayeliminatedesirableopportunitiesfromconsideration.

D）residualincomedoesnotmeasurehoweffectivelythedivisionmanagercontrolscosts.

8.Whichdepartmentisusuallyheldresponsibleforanunfavorablematerialsquantityvariance?

A）Marketing.

B）Purchasing.

C）Engineering.

D）Production.

E）Noneoftheabove.

9.Amajorweaknessofflexiblebudgetsisthat:

A）theyaregearedonlytoasinglelevelofactivity.

B）theygivesubordinatestoomuchflexibility.

C）theyforcethemanagertocompareactualcostsatonelevelofactivitytobudgetedcostsatadifferentlevelofactivity.

D）noneofthese.

10.Inajobordercostsystem,theamountofoverheadcostthathasbeenappliedtoajobthatremainsincompleteattheendofaperiod:

A.isdeductedontheIncomeStatementasoverappliedoverhead.

B）isclosedtoCostofGoodsSold.

C）istransferredtoFinishedGoodsattheendoftheperiod.

D）ispartoftheendingbalanceoftheWorkinProcessinventoryaccount.

E）noneoftheabove.

11.WhichoneofthefollowingcostswouldnotbeconsideredanindirectcostofservingaparticularcustomerataPizzaHutfranchise?

A）Thesalaryofthefranchise'

smanager.

B）Thecostofthetablesandchairsusedtofurnishtherestaurant.

C）Thecostofthedoughusedtomakethepizzathatisordered.

D）Thecostoflightingandheatingtherestaurant.

12.Ifacompanyappliesoverheadtojobsonthebasisofapredeterminedoverheadrate,acreditbalanceintheManufacturingOverheadaccountattheendofanyperiodmeansthat:

A）moreoverheadcosthasbeenchargedtojobsthanhasbeenincurredduringtheperiod.

B）moreoverheadcosthasbeenincurredduringtheperiodthanhasbeenchargedtojobs.

C）theamountofoverheadcostchargedtojobsisgreaterthantheestimatedcostfortheperiod.

D）theamountofoverheadcostchargedtojobsislessthantheestimatedoverheadcostfortheperiod.

13.Whichofthefollowingstatementsis（are）true?

A）Companiesthatproducemanydifferentproductsorservicesaremorelikelytousejob-ordercostingsystemsthanprocesscostingsystems.

B）Job-ordercostingsystemsareusedbyservicefirmsandprocesscostingsystemsareusedbymanufacturers.

C）Costsaretracedtodepartmentsandthenallocatedtounitsofproductwhenjob-ordercostingisused.

D）Alloftheabove.

14.ThePrecisionCompanyusedapredeterminedoverheadratelastyearof$3perdirectlaborhour,basedonanestimateof24,000directlaborhourstobeworkedduringtheyear.Actualcostsandactivityduringtheyearwere:

Actualmanufacturingoverheadcostincurred$84,000

Actualdirectlaborhoursworked27,000

A）$3,000underapplied.

B）$3,000overapplied.

C）$12,000underapplied.

D）$12,000overapplied.

15Variablecost:

A）increasesonaperunitbasisasthenumberofunitsproducedincreases.

B）remainsconstantonaperunitbasisasthenumberofunitsproducedincreases.

C）remainsthesameintotalasproductionincreases.

D）decreasesonaperunitbasisasthenumberofunitsproducedincreases.

16.Settingupequipmentisanexampleofa:

A）Unit-levelactivity.

B）Batch-levelactivity.

C）Product-levelactivity.

D）Facility-levelactivity.

17.Whichofthefollowingstatementsregardingfixedcostsisincorrect?

A）Expressingfixedcostsonaperunitbasisusuallyisthebestapproachfordecision-making.

B）Fixedcostsexpressedonaperunitbasiswillreactinverselywithchangesinactivity.

C）Assumptionsbyaccountantsregardingthebehavioroffixedcostsrestheavilyontheconceptoftherelevantrange.

D）Fixedcostsfrequentlyrepresentlong-terminvestmentsinproperty,plant,andequipment.

18.ExpenseAisafixedcost;

expenseBisavariablecost.Duringthecurrentyeartheactivitylevelhasincreased,butisstillwithintherelevantrange.Intermsofcostperunitofactivity,wewouldexpectthat:

A）expenseAhasremainedunchanged.

B）expenseBhasdecreased.

C）expenseAhasdecreased.

D）expenseBhasincreased.

19.Lastyear,BlackCompanyreportedsalesof$640,000,acontributionmarginof$160,000,andanetlossof$40,000.Basedonthisinformation,thebreak-evenpointwas:

A）$640,000.

B）$480,000.

C）$800,000.

D）$960,000.

E）Noneoftheabove

Usethefollowingtoanswerquestions20-21:

ThefollowingisAllisonCorporation'

scontributionformatincomestatementforlastmonth:

Sales

$800,000

Lessvariableexpenses

300,000

Contributionmargin

500,000

Lessfixedexpenses

400,000

Netincome

$100,000

Thecompanyhasnobeginningorendinginventories.Thecompanyproducedandsold10,000unitslastmonth.

20.Whatisthecompany'

scontributionmarginratio?

A）62.5%

B）160.0%

C）500%

D）20%

21.Ifsalesincreaseby200units,byhowmuchshouldnetincomeincrease?

A）$16,000

B）$5,000

C）$2,000

D）$10,000

22.BeaverCompanyusedapredeterminedoverheadratelastyearof$2perdirectlaborhour,basedonanestimateof25,000directlaborhourstobeworkedduringtheyear.Actualcostsandactivityduringtheyearwere:

Actualmanufacturingoverheadcostincurred

$47,000

Actualdirectlaborhoursworked

24,000

Theunder-oroverappliedoverheadlastyearwas:

A）$1,000underapplied.

B）$1,000overapplied.

C）$3,000overapplied.

D）$2,000underapplied.

23.UnderLampreyCompany'

sjob-ordercostingsystem,manufacturingoverheadisappliedtoWorkinProcessinventoryusingapredeterminedoverheadrate.DuringJanuary,Lamprey'

stransactionsincludedthefollowing:

Directmaterialsissuedtoproduction

$90,000

Indirectmaterialsissuedtoproduction

8,000

Manufacturingoverheadcostincurred

125,000

Manufacturingoverheadcostapplied

113,000

Directlaborcostincurred

107,000

LampreyCompanyhadnobeginningorendinginventories.WhatwasthecostofgoodsmanufacturedforJanuary?

A）$302,000

B）$310,000

C）$322,000

D）$330,000

24.Anunfavorablelaborefficiencyvarianceindicatesthat:

A）Theactuallaborratewashigherthanthestandardlaborrate.

B）Thelaborratevariancemustalsobeunfavorable.

C）Actuallaborhoursworkedexceededstandardlaborhoursfortheproductionlevelachieve.

D）Overtimelaborwasusedduringtheperiod.

E）Noneoftheabove.

25.Afavorablelaborratevarianceindicatesthat

A）actualhoursexceedstandardhours.

B）standardhoursexceedactualhours.

C）theactualrateexceedsthestandardrate.

D）thestandardrateexceedstheactualrate.

26.Iftheactuallaborhoursworkedexceedthestandardlaborhoursallowed,whattypeofvariancewilloccur?

A）Favorablelaborefficiencyvariance.

B）Favorablelaborratevariance.

C）Unfavorablelaborefficiencyvariance.

D）Unfavorablelaborratevariance.

27.Whichofthefollowingstatementsistrue?

I.Oneoftheweaknessesofbudgetsisthattheyareoflittlevalueinuncoveringpotentialbottlenecksinanorganization

II.Oneoftheadvantagesofaself-imposedbudgetisthatthepersondirectlyinvolvedinanactivityismorelikelytobeinapositiontomakegoodbudgetestimates.

A）StatementI

B）StatementII

C）Neitherstatementistrue.

D）Bothstatementsaretrue.

28.Whichofthefollowingstatementsistrue?

I.A