全英注册会计师成本会计题库一.docx

全英注册会计师成本会计题库一.docx

《全英注册会计师成本会计题库一.docx》由会员分享，可在线阅读，更多相关《全英注册会计师成本会计题库一.docx（21页珍藏版）》请在冰豆网上搜索。

全英注册会计师成本会计题库一

CHAPTER1

COVERAGEOFLEARNINGOBJECTIVES

LEARNINGOBJECTIVE

FUNDA-

MENTAL

ASSIGN-MENT

MATERIAL

CRITICALTHINKING

EXERCISESANDEXERCISES

PROBLEMS

CASES,EXCEL,

COLLAB.,&INTERNETEXERCISES

LO1:

Describethemajorusersandusesofaccountinginformation.

A1,B1

33

39,40,42

55

LO2:

Explainwhyethicsisimportanttomanagementaccountants.

A3

37,38

47,49,40

51,55

LO3:

Describethecost-benefitandbehavioralissuesinvolvedindesigninganaccountingsystem.

41,43

LO4:

Explaintheroleofbudgetsandperformancereportsinplanningandcontrol.

A2,B2

32

45

53

LO5:

Discusstheroleaccountantsplayinthecompany’svaluechainfunctions.

A1,B1

30,31,34,35,36

39,42,44

LO6:

Contrastthefunctionsofcontrollersandtreasurers.

B3

29,36

39,45,46

50

LO7:

Explainwhyaccountingisimportantinavarietyofcareerpaths.

30,31

52,55

LO8:

Identifycurrenttrendsinmanagementaccounting.

54

LO9:

Appreciatetheimpor-

tanceofethicalconducttoprofessionalaccountants.

A3,B4

37,38

47,48,49

51,52,55

CHAPTER1

ManagerialAccounting,theBusinessOrganization,andProfessionalEthics

1-A1（10-15min.）

Becausetheaccountant'sdutiesoftenarenotsharplydefined,someoftheseanswerscouldbechallenged:

1.Scorekeeping.Determiningadepreciationscheduleissimplyanexerciseinpreparingfinancialstatementstoreporttheresultsofactivities.

2.Problemsolving.Helpsamanagerassesstheimpactofadecision.

3.Scorekeeping.Reportsontheresultsofanoperation.Couldalsobeattentiondirectingifscrapisanareathatmightrequiremanagementdecisions.

4.Attentiondirecting.Focusesattentiononareasthatneedattention.

5.Attentiondirecting.Helpsmanagerslearnabouttheinformationcontainedinaperformancereport.

6.Scorekeeping.Thestatementmerelyreportswhathashappened.

7.Problemsolving.Thecostcomparisonisapparentlyusefulbecausethemanagerwishestodecidebetweentwoalternatives.Thus,itaidsproblemsolving.

8.Attentiondirecting.Variancespointoutareaswhereresultsdifferfromexpectations.Interpretingthemdirectsattentiontopossiblecausesofthedifferences.

9.Problemsolving.Aidsadecisionaboutwherethepartsshouldbemade.

10.Attentiondirectingandproblemsolving.Budgetinginvolvesmakingdecisionsaboutplannedactivities--hence,aidingproblemsolving.Budgetsalsodirectattentiontoareasofopportunityorconcern--hence,directingattention.Reportingagainstthebudgetalsohasascorekeepingdimension.

1-A2（15-20min.）

1.BudgetedActualDeviations

AmountsAmountsorVariances

Roomrental$140$140$0

Food700905205U

Entertainment6006000

Decorations22019030F

Total$1,660$1,835$175U

2.Becauseofthemanagementbyexceptionrule,roomrentalandentertainmentrequirenoexplanation.Theactualexpenditureforfoodexceededthebudgetby$205.Ofthis$205,$150isexplainedbyattendanceof15personsmorethanbudgeted（atabudgetof$10perperson）and$55isexplainedbyexpendituresabove$10perperson.

Actualexpendituresfordecorationswere$30lessthanthebudget.Ifalldesireddecorationswerepurchased,thedecorationscommitteeshouldbecommendedfortheirsavings.

1-A3（10min.）

Allofthesituationsraisepossibilitiesforviolationoftheintegritystandard.Inaddition,themanagerineachsituationmustaddressanadditionalethicalstandard:

1.TheGeneralMillsmanagermustrespecttheconfidentialitystandard.Heorsheshouldnotdiscloseanyinformationaboutthenewcereal.

2.Felixmustaddresshislevelofcompetencefortheassignment.Ifhissupervisorknowshislevelofexpertiseandwantsananalysisfroma“layperson”pointofview,heshoulddoit.However,ifthesupervisorexpectsanexpertanalysis,Felixmustadmithislackofcompetence.

3.ThecredibilitystandardshouldcauseMarySuetodeclinetoomittheinformationfromherbudget.Itisrelevantinformation,anditsomissionmaymisleadreadersofthebudget.

1-B1（15-20min.）

Becausetheaccountant’sdutiesoftenarenotsharplydefined,someoftheseanswerscouldbechallenged:

1.Problemsolving.Providesinformationfordecidingbetweentwoalternativecoursesofaction.

2.Scorekeeping.Simplyrecordingofwhathashappened.

3.Problemsolving.Helpsamanagerdecidebetweenalternatives.

4.Attentiondirecting.Directsattentiontotheuseofovertimelabor.

5.Problemsolving.Providesinformationtomanagersfordecidingwhethertomovecorporateheadquarters.

6.Attentiondirecting.Directsattentiontowhynursingcostsincreased.

7.Attentiondirecting.Directsattentiontoareaswhereactualresultsdifferedfromthebudget.

8.Problemsolving.Helpsthevice-presidenttodecidewhichcourseofactionisbest.

9.Problemsolving.