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Quiz

Topic 3

stevensae 20 Fragen

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Fragen in diesem Quiz (20)

  1. 1The budget or schedule that provides necessary input data for the direct labor budget is the
    1. ARaw materials purchases budget
    2. BProduction budget
    3. Cschedule of cash collections
    4. Dcash budget
  2. 2Which of the following budgets are prepared before the sales budgetBild zu Frage 2
    1. AChoice A
    2. BChoice B
    3. CChoice C
    4. DChoice D
  3. 3The excess or deficiency of cash available over disbursements on the cash budget is calculated as follows
    1. AThe beginning balance less the expected cash receipts less the expected cash disbursements.
    2. BThe cash available less the expected cash receipts plus the expected cash disbursements.
    3. CThe beginning balance plus the expected cash receipts less the expected cash disbursements.
    4. DNone of these
  4. 4What are the 3 ways that Activity Based Costing differs from Traditional Costing?
    1. AABC assigns both types of costs to products
    2. BABC does not assign all manufacturing costs to products
    3. CTraditional Costing is more precise
    4. DABC uses more cost pools
  5. 5In ABC both manufacturing and non manufacturing costs are assigned to products (only on cause-and-effect basis).
    1. ARichtig
    2. BFalsch
  6. 6ABC assigns ALL manufacturing and ALL non manufacturing costs.
    1. ARichtig
    2. BFalsch
  7. 7An event that causes the consumption of overhead resources.
    1. ACosting
    2. BActivity
    3. CBudgeting
    4. DPlanning
  8. 8A "cost bucket" in which costs related to a single activity measure are accumulated.
    1. AActivity
    2. BCosting
    3. CCost pool
    4. DBudget
  9. 9An allocation base in an activity-based costing system.
    1. AActivity Cost Pool
    2. BLabor Hours
    3. CActivity Measure
    4. DCost system
  10. 10Simple count of the number of times an activity occurs
    1. ATransaction driver
    2. BDuration driver

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Beschreibung
202 accounting Quiz am Topic 3, erstellt von stevensae am 04/05/2015.
Sprache
English
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