MA Week 1 - Introduction

Frage 1 von 13

1

This graph is an example of which kind of cost?

Wähle eine der folgenden:

Fixed
Variable
Inventoriable
Period

Erklärung

Frage 2 von 13

1

This graph is an example of which kind of cost?

Wähle eine der folgenden:

Fixed
Variable
Inventoriable
Period

Erklärung

Frage 3 von 13

1

Identify which of these costs are INVENTORIABLE?
Each of the following cost items pertains to one of these companies: Westinghouse (a manufacturing sector company), Kmart (a retail sector company) and Google (a service sector company)

Wähle eine oder mehr der folgenden:

Mineral water purchased by Kmart for sale to its customers
Electricity used to provide lighting for assembly line workers at a Westinghouse refrigerator assembly plant
Depreciation on Google's computer equipment used to update directories of websites
Electricity used to provide lighting for Kmart's store aisles
Depreciation on Westinghouse's computer equipment used for quality testing of refrigerator components during the assembly process
Salaries of Kmart's marketing personnel planning local newspaper advertising campaigns
Mineral water purchased by Google for consumption by its software engineers
Salaries of Google's marketing personnel selling banner advertising

Erklärung

Frage 4 von 13

1

What is the purpose of management accounting?

Wähle eine der folgenden:

To help managers make decisions to fulfil an organisation's goals
To communicate organisation's financial position to investors, banks, regulators and other outside parties

Erklärung

Frage 5 von 13

1

Which is the correct value chain?

Wähle eine der folgenden:

Research and Development
Design of products, services or processes
Production
Marketing
Distribution
Customer Service
Design of products and services
Production
Marketing
Distribution
Review and Assess
Research and Development
Design of products, services or processes
Assembly
Distribution
Research and Development
Production
Advertising
Distribution
Customer Service

Erklärung

Frage 6 von 13

1

Which of these is NOT a Management Accounting Principles (CIMA)? (2)

Wähle eine oder mehr der folgenden:

Integrity
Objectivity
Competence and due care
Confidentiality
Professional behaviour
Respect
Responsibility

Erklärung

Frage 7 von 13

1

Which of these can be cost objects?

Wähle eine oder mehr der folgenden:

Product
Services
Project
Customers
Activity
Department

Erklärung

Frage 8 von 13

1

Overhead is any manufacturing cost that is not direct materials or direct labour

Wähle eins der folgenden:

WAHR
FALSCH

Erklärung

Frage 9 von 13

1

How much does it cost to produce 2,000 boxes?

Wähle eine der folgenden:

$5,500
$5,000
$10,000
$10,500

Erklärung

Frage 10 von 13

1

How much does it cost to produce one box?

Wähle eine der folgenden:

$502.50
$2.75
$500
$2.50

Erklärung

Frage 11 von 13

1

Budget for 1,000 units
How much of lighting should be distributed to each unit?

Wähle eine der folgenden:

$0.50
$500
$2.50
$3

Erklärung

Frage 12 von 13

1

Budget for 1,000 units
What is the value of 2,000 units in the Finished Goods inventory?

Wähle eine der folgenden:

$6,000
$5,500
$5,000
$6,500

Erklärung

Frage 13 von 13

1

Budget for 1,000 units
What is the value of 1 unit in the Finished Goods inventory?

Wähle eine der folgenden:

$3
$2.50
$2.75
$0.5

	Erstellt von Alexis Wyatt vor etwa 8 Jahre

Management Accounting Quiz am MA Week 1 - Introduction, erstellt von Alexis Wyatt am 11/04/2018.

MA Week 1 - Introduction

Frage 1 von 13

This graph is an example of which kind of cost?

Wähle eine der folgenden:

Erklärung

Frage 2 von 13

This graph is an example of which kind of cost?

Wähle eine der folgenden:

Erklärung

Frage 3 von 13

Identify which of these costs are INVENTORIABLE? Each of the following cost items pertains to one of these companies: Westinghouse (a manufacturing sector company), Kmart (a retail sector company) and Google (a service sector company)

Wähle eine oder mehr der folgenden:

Erklärung

Frage 4 von 13

What is the purpose of management accounting?

Wähle eine der folgenden:

Erklärung

Frage 5 von 13

Which is the correct value chain?

Wähle eine der folgenden:

Erklärung

Frage 6 von 13

Which of these is NOT a Management Accounting Principles (CIMA)? (2)

Wähle eine oder mehr der folgenden:

Erklärung

Frage 7 von 13

Which of these can be cost objects?

Wähle eine oder mehr der folgenden:

Erklärung

Frage 8 von 13

Overhead is any manufacturing cost that is not direct materials or direct labour

Wähle eins der folgenden:

Erklärung

Frage 9 von 13

How much does it cost to produce 2,000 boxes?

Wähle eine der folgenden:

Erklärung

Frage 10 von 13

How much does it cost to produce one box?

Wähle eine der folgenden:

Erklärung

Frage 11 von 13

Budget for 1,000 units How much of lighting should be distributed to each unit?

Wähle eine der folgenden:

Erklärung

Frage 12 von 13

Budget for 1,000 units What is the value of 2,000 units in the Finished Goods inventory?

Wähle eine der folgenden:

Erklärung

Frage 13 von 13

Budget for 1,000 units What is the value of 1 unit in the Finished Goods inventory?

Wähle eine der folgenden:

Erklärung

Identify which of these costs are INVENTORIABLE?
Each of the following cost items pertains to one of these companies: Westinghouse (a manufacturing sector company), Kmart (a retail sector company) and Google (a service sector company)

Budget for 1,000 units
How much of lighting should be distributed to each unit?

Budget for 1,000 units
What is the value of 2,000 units in the Finished Goods inventory?

Budget for 1,000 units
What is the value of 1 unit in the Finished Goods inventory?