成本管理会计练习chap01.doc

Chapter 11.One of management accountings objectives is to provide information for decision making. T2.One of the outputs of a management accounting information system is storing data. F3.Evaluating the performance of a division is an example of the controlling function. F4.Both financial and management accounting are subject to following SEC and FASB guidelines. F5.Historically, management accounting was primarily concerned with inventory measurement. F6.Total quality management can only be applied to manufacturing companies. F7.Total product includes the whole range of tangible and intangible benefits that a customer receives from a purchased product. T8.The position of the management accountant is a line function. T9.In trying to resolve an ethical conflict, the management accountant exhausted all levels of internal review. According to the Standards of Ethical Conduct for Management Accountants, his/her next recourse would be to keep quiet and forget about it. 10.Anna wants to work for a public accounting firm as an external auditor. The certification most suited to her career choice is the CIA. F11.Management accounting information is used for: a. planning and controlb. solving problems and evaluating performance c. decision making d. all of the above12.Employee empowerment allows employees to: a. have a greater say in how the plant operatesb. increase their salaries c. decide on the number of vacation days to take each year d. all of the above13.An example of the control process includes:a. setting the price of a companys product b. developing a strategy expanding into other product linesc. evaluating the performance of a segment of the company d. determining the price for a special job14.The accounting information system within an organization has two major subsystems: the financial accounting system and the management accounting system. The management accounting system produces information for: a. investors b. executives c. creditors d. government 15.One of the current themes of management accounting is to produce more accurate product costs. Which of the following improves the accuracy of assigning costs by first tracing costs to activities and then to products or customers that consume these activities? a. process value analysisb. activity-based costing c. strategic cost management d. activity-based management 16.Management accounting: a. must follow rules imposed by the SEC and FASBb. has a historical orientation c. puts emphasis on the future d. externally focused 17.Relationships between the firm and the firms suppliers and customers are:a. external linkages b. internal linkages c. industrial linkages d. firm linkages 18.The Ritz Carlton Hotels strategy is achieving the target of “defect free” experiences for guests. This is the focus of: a. activity-based management b. total quality management c. supply chain management d. e-business management19.The notion of sacrificing ones self-interest for the well-being of others produces some core values. Core values include: a. integrity b. confidentiality c. competence d. all of the above20.Th