管理会计选择题

管理会计

Chapterl

1. How is management accountable to the owners of the company?

A. Providing goods and services at a reasonable price

B. Providing a safe work environment

C. Making loan payments

D. Providing a return on investments

2.Indicate whether the following are characteristics of financial accounting (F) or management accounting (M).

Primary users are investors and stakeholders F

The focus is on relevance of the information and looking towards the future M Concern exists on how information affects employees M Rules are prescribed by Generally Accepted Accounting Principles (GAAP) F Reports are usually summarized and prepared on a quarterly or annual basis F

3. Which of the following is NOT a current business trend

A. A shift to a product-based economy

B. Global competition

C. Just-in-time management

D. Total quality management

period costs for a merchandiser:

4. Identify the following as product or Cost of

inventory items product

Advertising period

Salaries period

Freight-in product

Delivery expense period

5. Which of the following is an inventory account of a manufacturing company?

A. Direct materials

B. Work in process

C. Finished goods

D. All of the above

6. Which of the following is an indirect cost of a manufacturer?

A. Direct material

B. Direct labor

C. Manufacturing overhead

D. All of the above

8. Which inventory account is used to compute Cost of goods sold for a manufacturer?

A. Direct materials

B. Work in process

C. Finished goods

D. Merchandise inventory

9. What is the difference between "total manufacturing costs incurred " 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 Institute of Management Accountants?

A. Maximization of profit

B. Productivity

C. Efficiency

D. Integrity

答案：1.D 3.A 5.D 6.C 8.C 8.A 10.D

1. Activity-based costing:

A. determines a cost driver for each production activity.

B. is less accurate than using a predetermined overhead application rate.

C. is less common in a competitive business environment.

D. is all of the above.

2. Under ABC, which of the following would be a reasonable cost driver for materials handling?

A. Direct labor hours

B. Machine hours

C. Number of parts

D. Square feet of warehouse

3. What types of decisions are made with activity-based management?

A. Pricing

B. Product mix

C. Cost cutting

D. All of the above

4. This method of pricing begins with the amount customers are willing to pay and subtracts desired profit to determine the desired cost.

A. Traditional costing

B. Target pricing

C. Market-based costing

D. Price profit analysis

5. Which of the following is NOT a characteristic of just-in-time (JIT) production?

A. Small quantity of materials on hand

B. Machines and workers grouped in "cells"

C. Strong relationship with suppliers

D. Minimization of lost sales

6. What is unique about accounting for product costs in a JIT system?

A. Costs aren' t recorded until the goods are complete.

B. Manufacturing overhead is not allocated to goods.

C. Cost of goods sold is an estimate.

D. All of the above are true.

7. Continuous improvement is an essential piece of which management approach?

A. Profit maximization

B. Total quality management

C. Autocratic approach

D. Efficiency model

8. Which of the following of the four quality costs is likely to be the most expensive?

A. Prevention

B. Appraisal

C. Internal failure

D. External failure

9. Product testing is an example of which quality cost?

A. Prevention

B. Appraisal

C. Internal failure

D. External failure

10. Training personnel is an example of which quality cost?

A. Prevention

B. Appraisal

C. Internal failure

D. External failure

1. A

2.C

3.D

4.B

5.D

6.A

7.B

8.D

9.B 10.A