管理会计 考试问题Word文档格式.docx

1、C）D）3. All other things equal, a companys return on investment （ROI） would generally increase when:A） average operating assets increase. B） sales decrease. C） operating expenses decrease. D） operating expenses increase. 4. The performance of the manager of Division A is measured by residual income.

2、Which of the following would increase the managers performance measure?A） Increase in average operating assets. B） Decrease in average operating assets. C） Increase in minimum required return. D） Decrease in net operating income. 5. Consider the following three statements:I. A profit center has cont

3、rol over both cost and revenue.II. An investment center has control over invested funds, but not over costs and revenue.III. A cost center has no control over sales Which statement（s） is/are correct?A） Only I B） Only II C） Only I and III D） Only I and II 6. A companys return on investment is the:A）

4、margin divided by turnover.B） margin multiplied by turnover.C） turnover divided by average operating assets.D） turnover multiplied by average operating assets.E） none of the above. 7. Delmar Corporation is considering the use of residual income as a measure of the performance of its divisions. What

5、major disadvantage of this method should the company consider before deciding to institute it?A） this method does not make allowance for difference in the size of compared divisions.B） opportunities may be undertaken which will decrease the overall return on investment.C） the minimum required rate o

6、f return may eliminate desirable opportunities from consideration.D） residual income does not measure how effectively the division manager controls costs.8. Which department is usually held responsible for an unfavorable materials quantity variance?A） Marketing.B） Purchasing.C） Engineering.D） Produc

7、tion.E） None of the above. 9. A major weakness of flexible budgets is that:A） they are geared only to a single level of activity.B） they give subordinates too much flexibility.C） they force the manager to compare actual costs at one level of activity to budgeted costs at a different level of activit

8、y.D） none of these. 10. In a job order cost system, the amount of overhead cost that has been applied to a job that remains incomplete at the end of a period:A. is deducted on the Income Statement as overapplied overhead. B） is closed to Cost of Goods Sold. C） is transferred to Finished Goods at the

9、 end of the period. D） is part of the ending balance of the Work in Process inventory account. E） none of the above.11. Which one of the following costs would not be considered an indirect cost of serving a particular customer at a Pizza Hut franchise? A） The salary of the franchises manager. B） The

10、 cost of the tables and chairs used to furnish the restaurant. C） The cost of the dough used to make the pizza that is ordered. D） The cost of lighting and heating the restaurant.12. If a company applies overhead to jobs on the basis of a predetermined overhead rate, a credit balance in the Manufact

11、uring Overhead account at the end of any period means that:A） more overhead cost has been charged to jobs than has been incurred during the period. B） more overhead cost has been incurred during the period than has been charged to jobs. C） the amount of overhead cost charged to jobs is greater than

12、the estimated cost for the period. D） the amount of overhead cost charged to jobs is less than the estimated overhead cost for the period. 13. Which of the following statements is （are） true? A） Companies that produce many different products or services are more likely to use job-order costing syste

13、ms than process costing systems. B） Job-order costing systems are used by service firms and process costing systems are used by manufacturers. C） Costs are traced to departments and then allocated to units of product when job-order costing is used. D） All of the above. 14. The Precision Company used

14、 a predetermined overhead rate last year of $3 per direct labor hour, based on an estimate of 24,000 direct labor hours to be worked during the year. Actual costs and activity during the year were: Actual manufacturing overhead cost incurred $84,000 Actual direct labor hours worked 27,000 A） $3,000

15、underapplied. B） $3,000 overapplied. C） $12,000 underapplied. D） $12,000 overapplied. 15 Variable cost: A） increases on a per unit basis as the number of units produced increases. B） remains constant on a per unit basis as the number of units produced increases. C） remains the same in total as produ

16、ction increases. D） decreases on a per unit basis as the number of units produced increases. 16. Setting up equipment is an example of a: A） Unit-level activity. B） Batch-level activity. C） Product-level activity. D） Facility-level activity. 17. Which of the following statements regarding fixed cost

17、s is incorrect? A） Expressing fixed costs on a per unit basis usually is the best approach for decision-making. B） Fixed costs expressed on a per unit basis will react inversely with changes in activity. C） Assumptions by accountants regarding the behavior of fixed costs rest heavily on the concept

18、of the relevant range. D） Fixed costs frequently represent long-term investments in property, plant, and equipment. 18. Expense A is a fixed cost; expense B is a variable cost. During the current year the activity level has increased, but is still within the relevant range. In terms of cost per unit

19、 of activity, we would expect that: A） expense A has remained unchanged. B） expense B has decreased. C） expense A has decreased. D） expense B has increased. 19. Last year, Black Company reported sales of $640,000, a contribution margin of $160,000, and a net loss of $40,000. Based on this informatio

20、n, the break-even point was: A） $640,000. B） $480,000. C） $800,000.D） $960,000.E） None of the aboveUse the following to answer questions 20-21:The following is Allison Corporations contribution format income statement for last month: Sales $800,000 Less variable expenses 300,000 Contribution margin

21、500,000 Less fixed expenses 400,000 Net income $100,000The company has no beginning or ending inventories. The company produced and sold 10,000 units last month.20. What is the companys contribution margin ratio? A） 62.5% B） 160.0% C） 500% D） 20% 21. If sales increase by 200 units, by how much shoul

22、d net income increase? A） $16,000 B） $5,000 C） $2,000 D） $10,00022. Beaver Company used a predetermined overhead rate last year of $2 per direct labor hour, based on an estimate of 25,000 direct labor hours to be worked during the year. Actual costs and activity during the year were: Actual manufact

23、uring overhead cost incurred$47,000 Actual direct labor hours worked24,000 The under- or overapplied overhead last year was: A） $1,000 underapplied. B） $1,000 overapplied. C） $3,000 overapplied. D） $2,000 underapplied. 23. Under Lamprey Companys job-order costing system, manufacturing overhead is ap

24、plied to Work in Process inventory using a predetermined overhead rate. During January, Lampreys transactions included the following: Direct materials issued to production $ 90,000 Indirect materials issued to production 8,000 Manufacturing overhead cost incurred 125,000 Manufacturing overhead cost

25、applied 113,000 Direct labor cost incurred 107,000 Lamprey Company had no beginning or ending inventories. What was the cost of goods manufactured for January? A） $302,000 B） $310,000 C） $322,000 D） $330,00024. An unfavorable labor efficiency variance indicates that: A） The actual labor rate was hig

26、her than the standard labor rate. B） The labor rate variance must also be unfavorable. C） Actual labor hours worked exceeded standard labor hours for the production level achieve. D） Overtime labor was used during the period. E） None of the above.25. A favorable labor rate variance indicates that A）

27、 actual hours exceed standard hours. B） standard hours exceed actual hours. C） the actual rate exceeds the standard rate. D） the standard rate exceeds the actual rate. 26. If the actual labor hours worked exceed the standard labor hours allowed, what type of variance will occur? A） Favorable labor e

28、fficiency variance. B） Favorable labor rate variance. C） Unfavorable labor efficiency variance. D） Unfavorable labor rate variance. 27. Which of the following statements is true?I. One of the weaknesses of budgets is that they are of little value in uncovering potential bottlenecks in an organizatio

29、nII. One of the advantages of a self-imposed budget is that the person directly involved in an activity is more likely to be in a position to make good budget estimates.A） Statement IB） Statement IIC） Neither statement is true.D） Both statements are true.28. Which of the following statements is true?I. A