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Quiz

1_Chapter 6 Closed Book

Isabel Robles 6 perguntas

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Perguntas do quiz (6)

  1. 1A company's actual performance should be compared against budgeted amounts for the same accounting period so that _________.
    1. Aadjustments for future conditions can be included
    2. Bto avoid any feedback from the budgets due to past miscues
    3. Cinefficiencies of the past year can be included
    4. Da rolling budget can be implemented
  2. 2The time coverage of a budget should be:
    1. Aone year.
    2. Bguided by the purpose of the budget.
    3. Ccover design through manufacture and sale of the product.
    4. Dshorter rather than longer.
  3. 3The number of units in the sales budget and the production budget may differ because of a change in _____________.
    1. Afinished goods inventory levels
    2. Boverhead charges
    3. Cdirect material inventory levels
    4. Dsales returns and allowances
  4. 4Direct material purchases equal
    1. AUsage plus production needs
    2. BProduction needs plus target ending finished goods inventory
    3. CBeginning inventories plus production needs
    4. DUsage plus target ending inventories less beginning inventories
  5. 5A "what-if" technique that examines how a result will change if the original predicted data are not achieved or if an underlying assumption changes is called ______________.
    1. Asensitivity analysis
    2. Bnet present value analysis
    3. Cinternal rate-of-return analysis
    4. Dadjusted rate-of-return analysis
  6. 6Kaizen refers to incorporating cost reductions ____________.
    1. Ain each succession budgeting period
    2. Bin each successive sales forecast
    3. Cin all customer service centers
    4. Din all areas of the organization

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Descrição
Exam 1 Cost Accounting Quiz sobre 1_Chapter 6 Closed Book, criado por Isabel Robles em 11-04-2016.
Idioma
English
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