管理会计选择题

管理会计Chapter11. Howismanagementaccountabletotheownersofthecompany?A. Providinggoodsandservicesata reasonablepriceB. ProvidingasafeworkenvironmentC. MakingloanpaymentsD. Providingareturnoninvestments2.Indicatewhetherthefollowingare characteristicsoffinancialaccounting(F)ormanagementaccounting(M).PrimaryusersareinvestorsandstakeholdersFThefocusisonrelevanceoftheinformationandlookingtowardsthefutureMConcernexistsonhowinformationaffectsemployeesMRulesareprescribedbyGenerallyAcceptedAccountingPrinciples(GAAP)FReportsareusuallysummarizedandpreparedonaquarterlyorannualbasisF3. WhichofthefollowingisNOTacurrent businesstrendA. Ashifttoaproduct-basedeconomyB. GlobalcompetitionC. Just-in-timemanagementD. Totalqualitymanagement4. Identifythefollowingasproductor periodcostsforamerchandiser:Costofinventoryitems productAdvertising periodSalaries periodFreight-in productDeliveryexpense period5. Whichofthefollowingisaninventoryaccountofamanufacturingcompany?A. DirectmaterialsB.WorkinprocessC.FinishedgoodsD.Alloftheabove6. Whichofthefollowingisanindirectcostofamanufacturer?A. DirectmaterialB. DirectlaborC. ManufacturingoverheadD. Alloftheabove8. WhichinventoryaccountisusedtocomputeCostofgoodssoldforamanufacturer?A. DirectmaterialsB. WorkinprocessC. FinishedgoodsD. Merchandiseinventory9. Whatisthedifferencebetween“totalmanufacturingcostsincurred”and“costofgoodsmanufactured”?A. ThechangeinWorkinprocessinventory.B. Totalmanufacturingcostsdoesnotincludemanufacturingoverhead.C. Costofgoodsmanufacturedonlyincludesdirectcosts.D. Thereisnodifference.10. WhichofthefollowingisarequiredethicalstandardoftheInstituteofManagementAccountants?A. MaximizationofprofitB. ProductivityC. EfficiencyD. Integrity答案：1.D3.A5.D6.C8.C8.A10.DChapter31. Activity-basedcosting:A. determinesacostdriverforeach productionactivity.B. islessaccuratethanusinga predeterminedoverheadapplicationrate.C. islesscommoninacompetitive businessenvironment.D. isalloftheabove.2. UnderABC,whichofthefollowingwouldbeareasonablecostdriverformaterialshandling?A. DirectlaborhoursB.MachinehoursC.NumberofpartsD.Squarefeetofwarehouse3. Whattypesofdecisionsaremadewithactivity-basedmanagement?A. PricingB. ProductmixC. CostcuttingD.Alloftheabove4. Thismethodofpricingbeginswiththeamountcustomersarewillingtopayandsubtractsdesiredprofittodeterminethedesiredcost.A. TraditionalcostingB. TargetpricingC. Market-basedcostingD. Priceprofitanalysis5. WhichofthefollowingisNOTacharacteristicofjust-in-time(JIT)production?A. SmallquantityofmaterialsonhandB. Machinesandworkersgroupedin“cells”C. StrongrelationshipwithsuppliersD. Minimizationoflostsales6. WhatisuniqueaboutaccountingforproductcostsinaJITsystem?A. Costsaren’trecordeduntilthegoodsarecomplete.B. Manufacturingoverheadisnotallocatedtogoods.C. Costofgoodssoldisanestimate.D. Alloftheabovearetrue.7. Continuousimprovementisanessentialpieceofwhichmanagementapproach?A. ProfitmaximizationB.TotalqualitymanagementC. AutocraticapproachD.Efficiencymodel8. Whichofthefollowingofthefourqualitycostsislikelytobethemostexpensive?A. PreventionB. AppraisalC. InternalfailureD. Externalfailure9. Producttestingisanexampleofwhichqualitycost?A. PreventionB. AppraisalC. InternalfailureD. Externalfailure10. Trainingpersonnelisanexampleofwhichqualitycost?A. PreventionB. AppraisalC. InternalfailureD. Externalfailure1.A2.C3.D4.B5.D6.A7.B8.D9.B10.AChapter51. Whichofthefollowingismostlikelyavariablecost?A. FactoryrentB.PropertytaxesC.DepreciationD. Salescommissions2. Thistypeofcostperunitremainsconstant,whilethetotalcostincreaseswithactivity.A. VariableB. FixedC. MixedD. Semi-variable3. Thistypeofunitcostdecreaseswith activity,butthetotalcostremainsconstant.A. VariableB. FixedC. MixedD. Semi-variable4. Whichofthefollowingwouldmostlikelybeamixedcost?A. DirectlaborB.Straight-linedepreciationC.UtilitiesD.Officesalaries5. Thesimplestmethodtosplitamixedcostintoitsfixedandvariablecomponentsiscalled:A. fixed-variableseparation.B.high-lowmethod.C. multipleregression.D.breakevenanalysis.6. WhichofthefollowingisanassumptionofCVPanalysis?A. Costscanbeclassifiedaseitherfixedorvariable.B. Volumeistheonlyfactorthatimpacts costs.C. Fixedcostsdon’tchange.D. Alloftheabovearetrue.7. Thesaleslevelwherenetincomeequalszeroiscalled:A. thebreakevenpoint.B.zerosumsales.C. netloss.D.deficitearnings.8. Excesssalesoverbreakevensalesisreferredtoas:A. absorptionpotential.B. marginofsafety.C. marginoferror.D. contributionmargin.9. Anincreaseintotalfixedcostswould:A. increasecontributionmarginandincreasethebreakevenpoint.B. increasethebreakevenpointonly.C. increasecontributionmarginanddecreasethebreakevenpoint.D. decreasecontributionmarginandincreasethebreakevenpoint.10. Contributionmarginequals:A. sales–variablecosts.B. sales–fixedcosts.C. fixedcosts–variablecosts.D. sales–variablecosts–fixedcosts1.D2.A3.B4.C5.B6.D7.A8.B9.B10.AChapter61. Whichapproachassignsbothvariableandfixedmanufacturingcoststoproducts?A. AbsorptioncostinB. VariablecostingC. NeitherabsorptionnorvariablecostingD. Bothabsorptionandvariablecosting2. Whichapproachassignsvariablemanufacturingcoststoproducts?A. AbsorptioncostingB.VariablecostingC. NeitherabsorptionnorvariablecostingD.Bothabsorptionandvariablecosting3. SalesrevenueminusCostofgoodssoldequals?A. ContributionmarginB.OperatingincomeC.GrossprofitD.Productprofit4. SalesrevenueminusVariablecostofgoodssoldequals?A. ProductprofitB. GrossprofitC.ContributionmarginD.Operatingincome5. Assumingnobeginninginventory,ifproductionisgreaterthansales,whichofthefollowingisTRUE?A. EndinginventorywouldbelowestunderabsorptioncostingB. EndinginventorywouldbehighestundervariablecostingC. OperatingincomewouldbehighestundervariablecostingD. Operatingincomewouldbehighestunderabsorptioncosting Add-it-upCo.hasvariablemanufacturingcostsof$20percalculatorandfixedmanufacturingcostsof$100,000.Add-it-upproduced10,000calculatorsinJuneandsold9,000.WhatisAdd-it-up’sCOGSusingabsorptioncosting?A. $300,000B. $270,000C.$280,000D.$180,0007. Add-it-upCo.hasvariablemanufacturingcostsof$20percalculatorandfixedmanufacturingcostsof$100,000. Add-it-upproduced10,000calculatorsinJuneandsold9,000.WhatisAdd-it-up’sCOGSusingvariablecosting?A. $300,000B. $270,000C.$280,000D.$180,0008.Add-it-upCo.hasvariablemanufacturingcostsof$20percalculatorandfixedmanufacturingcostsof$100,000. Add-it-upproduced10,000calculatorsinJuneandsold9,000.WhatisAdd-it-up’sendinginventoryusingabsorptioncosting?A. $0B.$31,110C.$30,000D.$20,0009.Add-it-upCo.hasvariablemanufacturingcostsof$20percalculatorandfixedmanufacturingcostsof$100,000. Add-it-upproduced10,000calculatorsinJuneandsold9,000.WhatisAdd-it-up’sendinginventoryusingvariablecosting?A. $0B. $31,110C.$30,000D.$20,00010. Whichstatementismostcorrect?A. GAAPrequiresabsorptioncosting.B. Absorptioncostingismorein-linewithJITinventories.C. Variablecostingispreferredbyfinancialaccountants.D. Variablecostingallows“hiding”ofcostsininventory.1.A2.D3.C4.C5.D6.B7.D8.C9,.D10.AChapter71. WhichofthefollowingisNOTabenefitofbudgeting?A. Itforcesmanagerstoplan.B.Itpromotescommunication.C. Itprovidesabenchmark.D.Itguaranteesprofitability.2. Whichbudgetisconsideredthecornerstoneofthemasterbudget?A. ThesalesbudgetB. TheproductionbudgetC. ThecapitalexpendituresbudgetD. Thecashbudget3. Whichofthefollowingisthecorrectordertocalculatebudgetedproduction?A. Beginninginventory+Production–EndinginventoryB. Budgetedsales+Endinginventory–BeginninginventoryC. Endinginventory–Budgetedsales+BeginninginventoryD. Budgetedsales+Beginninginventory+Endinginventory4. Whichbudgetsmakeupthefinancialbudget?A. CashbudgetB. BudgetedbalancesheetC. BudgetedincomestatementD. Alloftheabove5. Whichofthefollowingiscorrect?A. Thedirectlaborbudgetispreparedbeforetheproductionbudget.B. Thedirectmaterialsbudgetispreparedaftertheendingfinishedgoodsinventorybudget.C. Theproductionbudgetispreparedbeforethemanufacturingoverheadbudget.D. Noneoftheabovearecorrect.6. Acompanyplanstosell1,000CDplayersinJuneand2,000inJuly,withanaveragesalespriceof$20.Theycollect30%inthemonthofsaleand70%inthemonthfollowingthesale.HowmuchcashiscollectedfromcustomersinJuly?A. $26,000B. $14,000C. $28,000D. $6,0007. Acompany’sdirectmaterialsbudgetshows$50,000indirectmaterialspurchasesforApriland$60,000forMay.Thecompanypays60%inthemonthofpurchaseand40%inthemonthfollowingthesale.HowmuchwerecashpaymentsfordirectmaterialsinMay?A. $56,000B.$54,000C.$66,000D.$30,0008. WhichofthefollowingwillNEVERappearonacashbudget?A. RentpaidB.DepreciationC. CashpaidformanufacturingoverheadD.Advertisingpaid9. Thebudgetedincomestatementshows:A. budgetedcostofgoodssold.B. cashpaymentsfordirectmaterials.C. cashpaymentsfordividends.D. alloftheabove.10. Sensitivityanalysis:A. allowsmanagerstoperformwhat-for analysis.B. allowsmanagerstopredictstockmarkets.C. isafunctionperformedbythehuman resourcedepartment.D. isnoneoftheabove.1.D2.A3.B4.D5.C6.A7.A8.B9.A10.DChapter81. Aflexiblebudget:A. ispreparedfordifferentactivitylevels.B. separatesvariablecostsfromfixedcosts.C. showsvariancesasfavorableorunfavorable.D. isalloftheabove.2. Iftheflexiblebudgetsalesamountisgreaterthantheamountonthemaster(static)budget,theresultisa(n):A. favorablesalesvolumevariance.B. unfavorablesalesvolumevariance.C. favorableflexiblebudgetvariance.D. unfavorableflexiblebudgetvariance.3. Ifacompanywastryingtoimproveitslaborquantityvariance,itwould:A. considerpayrates.B. eliminatefringebenefits.C. usetime-and-motionstudies.D. doalloftheabove.4. Overwhichvariancedoproductionmanagershavetheleastcontrol?A. DirectmaterialquantityvarianceB. DirectmaterialspricevarianceC. DirectlaborquantityvarianceD. Directlaborpricevariance9. Whichoverheadvarianceshowshowwellmanagerscontrolledoverheadcosts?A. TotaloverheadvarianceB. OverheadflexiblebudgetvarianceC. OverheadproductionvolumevarianceD. Overheadpricevariance10. Whenacompanyusesastandardcostaccountingsystem,forwhichamountis theMaterialsinventoryaccountdebited whenpurchasesaremade?A. StandardquantityxstandardpriceB. ActualquantityxactualpriceC. StandardquantityxactualpriceD. Actualquantityxstandardprice11. Inastandardcostingincome,howwouldanunfavorablelaborpricevarianceaffectCostofgoodssold?A. IncreaseB. DecreaseC. Noeffect1.D2.A3.C4.D9.B10.D11.AChapter91. WhichoffollowingisNOTaservicedepartment?A. PayrollB. PhysicalPlantC.GraphicServicesD.DVDProfitCenter2. AServicedepartment:A. usuallygeneratesnorevenues.B.providesrepairsforcustomers.C. allocatesrevenuestosharedresources.D.doesalloftheabove.3. Whichofthefollowingwouldbethe bestchoiceforallocatingsharedfacilitiescosts?A. RelativeoperatingexpensesB.NumberofhoursofuseC. NumberofemployeesD.Noneoftheabove4. Whichallocationbasemayacompanyuseifcostdataarenotavailableoraretoocostlytocollect?A. RelativeamountofrevenueB. RelativeamountofoperatingincomeC. NeitherAnorBD. EitherAorB5. ToolWarehouse’spayrolldivisionservicesthewrenchandthehammerdepartments.Thewrenchdepartmenthas4employeesandthehammerdepartmenthas6employees.Thepayrolldivisionincurred$10,000incosts.Howmuchsharedpayrollcostwillbeallocatedifcostsaresharedbasedonnumberofemployees?A. $4,000tothehammerdepartmentB. $4,000tothewrenchdepartmentC. $6,000tothewrenchdepartmentD. $10,000tothewrenchdepartment6. ToolWarehouse’spayrolldivisionservicesthewrenchandthehammerdepartments.Thewrenchdepartmenthas35andthehammerdepartmenthas65employeerequestspermonth.Thepayrolldivisionincurred$10,000incosts.Howmuchsharedpayrollcostwillbeallocatedifcostsaresharedbasedonnumberofrequests?A. $6,500tothehammerdepartmentB. $6,500tothewrenchdepartmentC. $3,500tothehammerdepartmentD. $10,000tothehammerdepartment7. Whichofthefollowingisasystemforevaluatingtheperformanceofamanagerofacost,revenue,profit,orinvestmentcenter?A. BudgetaccountingB.ResponsibilityaccountingC. VarianceaccountingD.Noneoftheabove8. Themanagerofthistypeofresponsibilitycenterfocusesonincreasingsalesrevenueandcontrollingcosts.Thisisa(n):A. costcenter.B.revenuecenter.C.profitcenter.D. investmentcenter9. Thetypeofresponsibilitycenterthatprimarilyfocusesonkeepingexpensesdownisa(n):A. costcenter.B.revenuecenter.C.profitcenter.D.investmentcenter.10. Themanagerofthistypeofresponsibilitycenterhasagoalofincreasingeconomic valueadded.Thisisa(n):A. costcenter.B.revenuecenter.C.profitcenter.D.investmentcenter1.D2.A3.B4.D5.B6.A7.B8.C9.A10.DChapter101. Coststhatcannotbechangedbecausetheyoccurredinthepastarecalled:A. relevantcosts.B. sunkcosts.C.fixedcosts.D.variablecosts.2. Whichqualitativecharacteristicshouldmanagersconsiderasrelevant?A. ImpactonemployeemoraleB.CustomerrelationsC. ImpactonqualityD.Alloftheabove3. Whenshouldaspecialsalesorderbeaccepted?A. Ifthereducedpricecoversallcoststo maketheproductB. IfthereducedpricecoversallfixedcostsallocatedtotheproductC. IfthereducedpricecoversallthevariablecostsD. Inallcaseswhenthereisexcesscapacity4. Whichofthefollowingisacharacteristicofaprice-setter?A. UniqueproductsB.IntensecompetitionC. TargetpricingapproachD. Alloftheabove5. Thepricingmethodthatbeginswiththesalespriceandsubtractsthedesiredprofitiscalled:A. cost-pluspricing.B. targetpricing.C. saleslessprofitpricing.D. profit-focusedpricing.6. WhichofthefollowingisNOTafactorindecidingwhethertodropaproduct?A. NegativecontributionmarginB.ImpactonsalesofotherproductsC. UnavoidablefixedcostsD.Useoffreedcapacity7. Whichofthefollowingisaconstraintofamanufacturer?A. LaborhoursB. MachinehoursC. AvailablematerialsD. Alloftheabove8. Thedecisionruleonoutsourcingstatesthatacompanyshouldoutsourceif:A. theincrementalcostofmakingtheproductexceedsthecosttooutsource.B. theincrementalcostofmakingtheproductislessthanthecosttooutsource.C. fixedcostsareunaffectedbyoutsourcing.D. thecontributionmarginoftheproductispositive.9. Acompanydecidesagainstoutsourcingaproduct.Ifithadoutsourced,thefreedcapacitycouldhavebeenusedtoearnrevenue.Thisisanexampleofa(n):A. sunkcost.B. opportunitycost.C. unavoidablefixedcost.D. irrelevantcost.10. Whichofthefollowingisaconsiderationwhendecidingwhethertosellaproduct“asis”orprocessitfurther?A. ThecostofprocessingfurtherB. ThepricingmodelemphasizedC. UnavoidablefixedcostsincurredD. Alloftheabove1.A2.D3.C4.A5.B6.C7.D8.A9.B10.AChapter111. WhichofthefollowingdecisionswouldNOTfallundercapitalbudgeting?A. PurchasingnewequipmentB. BuildinganewfacilityC. Buyingashort-terminvestmentD.Automatingproduction2. Whenestimatingfuturecashinflowsfromacapitalinvestment,whichofthefollowingareincluded?A. FuturecashrevenuegeneratedB. FuturesavingsinoperatingcostsC. FutureresidualvalueD. Alloftheabove3. Thedecisionruleregardingthepaybackperiodstatesthatthe:A. shorterthepaybackperiod,themoreattractivetheinvestment.B. longerthepaybackperiod,themoreattractivetheinvestment.C. paybackperiodshouldexceedtheasset’slife.D. paybackperiodshouldbecomparedtotheinternalrateofreturn.4. Acriticismofthepaybackperiodisthatit:A. usesoperatingincomeinsteadofcash flows.B. focusesonlyonthetimevalueofmoney.C. de-emphasizesriskofassetswithlongerlives.D. ignorescashflowsafterthepaybackperiod.5. Theuniqueelementoftheaccountingrateofreturnmethodis:A. itsfocusonoperatingincomeinsteadofcashflows.B. itsuseoftimevalueofmoney.C. thatitignorescashflowslaterintheasset’slife.D. thatitgeneratesauniquerateofreturn.6. You