管理会计选择题

1、管理会计Chapter11. How is management accountable to the owners of the company?A. Providing goods and services at a reasonable priceB. Providing a safe work environmentC. Making loan paymentsD. Providing a return on investments2.Indicate whether the following arecharacteristics of financial accounting (F

2、) ormanagement accounting (M).Primary users are investors and stakeholdersFThe focus is on relevance of the information and looking towards the futureMConcern exists on how information affects employeesMRules are prescribed by Generally Accepted Accounting Principles (GAAP)FReports are usually summa

3、rized and prepared on a quarterly or annual basisF3. Which of the following is NOT a currentbusiness trendA. A shift to a product-based economyB.Global competitionC. Just-in-time managementD.Total quality management4. Identify the following as product orperiod costs for a merchandiser:Cost of invent

4、ory itemsproductAdvertisingperiodSalariesperiodFreight-inproductDelivery expenseperiod5. Which of the following is an inventory account of a manufacturing company?A.Direct materialsB. Work in processC. Finished goodsD. All of the above6. Which of the following is an indirect cost of a manufacturer?A

5、.Direct materialB.Direct laborC.Manufacturing overheadD.All of the above8. Which inventory account is used to compute Cost of goods sold for a manufacturer?A.Direct materialsB.Work in processC.Finished goodsD.Merchandise inventory9. What is the difference between “ total manufacturing costs incurred

6、 ”and“ cost of goods manufactured ” ?A. The change in Work in process inventory.B. Total manufacturing costs does not include manufacturing overhead.C. Cost of goods manufactured only includes direct costs.D. There is no difference.10. Which of the following is a required ethical standard of the Ins

7、titute of ManagementAccountants?A.Maximization of profitB.ProductivityC.EfficiencyD.Integrity答案： 1.D3.A5.D6.C8.C8.A10.DChapter31. Activity-based costing:B. is less accurate than using a predetermined overhead application rate.D. is all of the above.2. Under ABC, which of the following would be a rea

8、sonable cost driver for materials handling?A.Direct labor hoursB. Machine hoursC. Number of parts D. Square feet of warehouse3. What types of decisions are made with activity-based management?A.PricingB.Product mixC.Cost cuttingD. All of the above4. This method of pricing begins with the amount cust

9、omers are willing to pay andsubtracts desired profit to determine the desired cost.A.Traditional costingB.Target pricingC.Market-based costingD.Price profit analysis5. Which of the following is NOT a characteristic of just-in-time (JIT) production?A. Small quantity of materials on handC. Strong rela

10、tionship with suppliersD. Minimization of lost sales6. What is unique about accounting for product costs in a JIT system?A. Costs aren t recorded until the goods are complete.C. Cost of goods sold is an estimate.D. A ll of the above are true.7. Continuous improvement is an essential piece of which m

11、anagement approach?A.Profit maximizationB. Total quality managementC.Autocratic approachD. Efficiency model8.Which of the following of the four quality costs is likely to be the mostexpensive?A.PreventionB.AppraisalC. Internal failureD.External failure9. Product testing is an example of which qualit

12、y cost?A. PreventionB. AppraisalC. Internal failureD. External failure10.Training personnel is an example of which quality cost?A. PreventionB. AppraisalC. Internal failureD. External failure1.A2.C 3.D 4.B 5.D6.A7.B 8.D9.B10.AChapter 51. Which of the following is most likely a variable cost?A.Factor

13、y rentB. Property taxesC. Depreciation D. Sales commissions2.This type of cost per unit remainsconstant, while the total cost increases with activity.A.VariableB.FixedC.MixedD.Semi-variable3.This type of unit cost decreases withactivity, but the total cost remains constant.A.VariableB.FixedC.MixedD.

14、Semi-variable4. Which of the following would most likely be a mixed cost?A.Direct laborB. Straight-line depreciationC. UtilitiesD. Office salaries5. The simplest method to split a mixed cost into its fixed and variable components is called:A.fixed-variable separation.B. high-low method.C.multiple re

15、gression.D. breakeven analysis.6. Which of the following is an assumption of CVP analysis?A.Costs can be classified as either fixed orvariable.B.Volume is the only factor that impactscosts.C. Fixed costs don t change.D. A ll of the above are true.7. The sales level where net income equals zero is ca

16、lled:A.the break even point.B. zero sum sales.C.net loss.D. deficit earnings.8. Excess sales over breakeven sales is referred to as:A. absorption potential.B. margin of safety.C. margin of error.D. contribution margin.9. An increase in total fixed costs would:A. increase contribution margin and incr

17、ease the break even point.B. increase the break even point only.C. increase contribution margin and decrease the break even point.D. decrease contribution margin and increase the break even point.10.Contribution margin equals:A. sales variable costs.B. sales fixed costs.C. fixed costs variable costs

18、.D. sales variable costs fixed costs1.D2.A3.B4.C5.B6.D7.A8.B9.B10.AChapter 61. Which approach assigns both variable and fixed manufacturing costs to products?A.Absorption costinB.Variable costingC.Neither absorption nor variable costingD.Both absorption and variable costing2. Which approach assigns

19、variable manufacturing costs to products?A.Absorption costingB. Variable costingC.Neither absorption nor variable costingD. Both absorption and variable costing3. Sales revenue minus Cost of goods sold equals?A.Contribution marginB. Operating incomeC. Gross profitD. Product profit4. Sales revenue mi

20、nus Variable cost of goods sold equals?A.Product profitB.Gross profitC. Contribution marginD. Operating income5. Assuming no beginning inventory, if production is greater than sales, which of thefollowing is TRUE?A. Ending inventory would be lowest under absorption costingB. Ending inventory would b

21、e highest under variable costingC. Operating income would be highest under variable costingD. Operating income would be highest under absorption costing6. Add-it-up Co. has variable manufacturing costs of $20 per calculator and fixed manufacturing costs of $100,000.Add-it-up produced 10,000 calculat

22、ors in June and sold 9,000.What is Add-it-up sCOGS using absorption costing?A.$300,000B.$270,000C. $280,000D. $180,0007. Add-it-up Co. has variable manufacturing costs of $20 per calculator and fixed manufacturing costs of $100,000.Add-it-up produced 10,000 calculators in June and sold 9,000. What i

23、s Add-it-up sCOGS using variable costing?A.$300,000B.$270,000C. $280,000D. $180,0008. Add-it-up Co. has variable manufacturing costs of $20 per calculator and fixed manufacturing costs of $100,000.Add-it-up produced 10,000 calculators in June and sold 9,000.What is Add-it-up sending inventory using

24、absorption costing?A.$0B. $31,110C. $30,000D. $20,0009.Add-it-up Co. has variable manufacturingcosts of $20 per calculator and fixedmanufacturing costs of $100,000.Add-it-up produced 10,000 calculators in June and sold 9,000. What is Add-it-up sending inventory using variable costing?A.$0B. $31,110C

25、. $30,000D. $20,00010. Which statement is most correct?A. GAAP requires absorption costing.B. Absorption costing is more in-line with JIT inventories.C. Variable costing is preferred by financial accountants.D. Variable costing allows “ hiding ” of costs in inventory.1.A2.D3.C4.C5.D6.B7.D8.C9,.D10.A

26、Chapter 71. Which of the following is NOT a benefit of budgeting?A.It forces managers to plan.B. It promotes communication.C.It provides a benchmark.D. It guarantees profitability.2. Which budget is considered the cornerstone of the master budget?A.The sales budgetB.The production budgetC.The capita

27、l expenditures budgetD.The cash budget3. Which of the following is the correct order to calculate budgeted production?A. Beginning inventory + Production Ending inventoryB. Budgeted sales+ Ending inventory Beginning inventoryC.Ending inventory Budgeted sales+ Beginning inventoryD. Budgeted sales + B

28、eginning inventory + Ending inventory4. Which budgets make up the financial budget?A.Cash budgetB.Budgeted balance sheetC.Budgeted income statementD.All of the above5. Which of the following is correct?A. The direct labor budget is prepared before the production budget.B. The direct materials budget

29、 is prepared after the ending finished goods inventory budget.C.The production budget is preparedbefore the manufacturing overhead budget.D. None of the above are correct.6. A company plans to sell 1,000 CD players in June and 2,000 in July, with an average sales price of $20. They collect 30% in th

30、e month of sale and 70% in the month following thesale.How much cash is collected from customers in July?A.$26,000B.$14,000C.$28,000D.$ 6,0007. A company s direct materials budget shows $50,000 in direct materials purchases for April and $60,000 for May. The company pays 60% in the month of purchase

31、 and 40% inthe month following the sale.How much were cash payments for direct materials in May?A.$56,000B. $54,000C. $66,000D. $30,0008. Which of the following will NEVER appear on a cash budget?A.Rent paidB.DepreciationC.Cash paid for manufacturing overheadD.Advertising paid9. The budgeted income

32、statement shows:A. budgeted cost of goods sold.B. cash payments for direct materials.C. cash payments for dividends.D. all of the above.10.Sensitivity analysis:A.allows managers to perform what-foranalysis.B. allows managers to predict stock markets.C.is a function performed by the humanresource dep

33、artment.D. is none of the above.1.D2.A3.B4.D5.C6.A7.A8.B9.A10.DChapter 81. A flexible budget:A. is prepared for different activity levels.B. separates variable costs from fixed costs.C. shows variances as favorable or unfavorable.D. is all of the above.2. If the flexible budget sales amount is great

34、er than the amount on the master (static) budget, the result is a(n):A. favorable sales volume variance.B. unfavorable sales volume variance.C. favorable flexible budget variance.D. unfavorable flexible budget variance.3. If a company was trying to improve its labor quantity variance, it would:A. co

35、nsider pay rates.B. eliminate fringe benefits.C. use time-and-motion studies.D. do all of the above.4. Over which variance do production managers have the least control?A. Direct material quantity varianceB. Direct materials price varianceC. Direct labor quantity varianceD. Direct labor price varian

36、ce9. Which overhead variance shows how well managers controlled overhead costs?A. Total overhead varianceB. Overhead flexible budget varianceC. Overhead production volume varianceD. Overhead price variance10.When a company uses a standard cost accounting system, for which amount istheMaterials inven

37、tory account debitedwhen purchases are made?A. Standard quantity x standard priceB. A ctual quantity x actual priceC. Standard quantity x actual priceD. A ctual quantity x standard price11. In a standard costing income, how wouldan unfavorable labor price variance affectCost of goods sold?A.Increase

38、B.DecreaseC.No effect1.D2.A3.C4.D9.B10.D11.AChapter 91. Which of following is NOT a service department?A.PayrollB.Physical PlantC. Graphic ServicesD. DVD Profit Center2. A Service department:A.usually generates no revenues.B. provides repairs for customers.C.allocates revenues to shared resources.D.

39、 does all of the above.3.Which of the following would be thebest choice for allocating shared facilities costs?A.Relative operating expensesB. Number of hours of useC.Number of employeesD. None of the above4. Which allocation base may a company use if cost data are not available or are too costly to

40、 collect?A.Relative amount of revenueB.Relative amount of operating incomeC.Neither A nor BD.Either A or B5. Tool Warehouse s payroll division services the wrench and the hammer departments. The wrench department has 4 employees and the hammer department has 6 employees. The payroll division incurre

41、d $10,000 in costs. How much shared payroll cost will be allocated if costs are shared based on number of employees?A. $4,000 to the hammer departmentB. $4,000 to the wrench departmentC. $6,000 to the wrench departmentD. $10,000 to the wrench department6. Tool Warehouse s payroll division services t

42、he wrench and the hammer departments.The wrench department has 35 and thehammer department has 65 employee requests permonth. The payroll division incurred $10,000 in costs. How much shared payroll cost will be allocated if costs are shared based on number of requests?A. $6,500 to the hammer departm

43、entB. $6,500 to the wrench departmentC. $3,500 to the hammer departmentD. $10,000 to the hammer department7. Which of the following is a system for evaluating the performance of a manager of a cost, revenue, profit, or investment center?A.Budget accountingB.Responsibility accountingC.Variance accoun

44、tingD.None of the above8. The manager of this type of responsibility center focuses on increasing sales revenue and controlling costs. This is a(n):A.cost center.B.revenue center.C.profit center.D.investment center9. The type of responsibility center that primarily focuses on keeping expenses down i

45、sa(n):A.cost center.B.revenue center.C.profit center.D. investment center.10. The manager of this type of responsibility center has a goal of increasing economic value added. This is a(n):A.cost center.B.revenue center.C.profit center.D.investment center1.D2.A3.B4.D5.B6.A7.B8.C9.A10.DChapter 101. Co

46、sts that cannot be changed because they occurred in the past are called:A.relevant costs.B.sunk costs.C. fixed costs.D. variable costs.2. Which qualitative characteristic should managers consider as relevant?A.Impact on employee moraleB. Customer relationsC.Impact on qualityD. All of the above3. Whe

47、n should a special sales order be accepted?A.If the reduced price covers all costs tomake the productB. If the reduced price covers all fixed costs allocated to the productC. If the reduced price covers all the variable costsD. In all cases when there is excess capacity4. Which of the following is a

48、 characteristic of a price-setter?A.Unique productsB. Intense competitionC.Target pricing approachD.All of the above5. The pricing method that begins with the sales price and subtracts the desired profit is called:A.cost-plus pricing.B.target pricing.C.sales less profit pricing.D. profit-focused pri

49、cing.6. Which of the following is NOT a factor in deciding whether to drop a product?A.Negative contribution marginB. Impact on sales of other productsC.Unavoidable fixed costsD. Use of freed capacity7. Which of the following is a constraint of a manufacturer?A.Labor hoursB.Machine hoursC.Available

50、materialsD.All of the above8. The decision rule on outsourcing states that a company should outsource if:A. the incremental cost of making the product exceeds the cost to outsource.B. the incremental cost of making the product is less than the cost to outsource.C. fixed costs are unaffected by outso

51、urcing.D. the contribution margin of the product is positive.9. A company decides against outsourcing a product. If it had outsourced, the freed capacity could have been used to earn revenue. This is an example of a(n):A.sunk cost.B.opportunity cost.C.unavoidable fixed cost.D.irrelevant cost.10.Whic

52、h of the following is a consideration when deciding whether to sell a product“ asis” or process it further?A. The cost of processing furtherB. The pricing model emphasizedC. Unavoidable fixed costs incurredD. All of the above1.A2.D3.C4.A5.B6.C7.D8.A9.B10.AChapter 111. Which of the following decision

53、s would NOT fall under capital budgeting?A.Purchasing new equipmentB.Building a new facilityC.Buying a short-term investmentD. Automating production2. When estimating future cash inflows from a capital investment, which of the following are included?A.Future cash revenue generatedB.Future savings in operating costsC.Future residual valueD.All of the above3. The decision rule regarding the payback period states that the:A. shorter the payback period, the more attractive the investment.B. longer the