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 are characteristics of financial accounting (F) or management accounting (M).Primary users are investors and stakeholders FThe focus is on relevance of the information and looking towards the future MConcern exists on how information affects employees MRules are prescribed by Generally Accepted Accounting Principles (GAAP) FReports are usually summarized and prepared on a quarterly or annual basis F3. Which of the following is NOT a current business trendA. A shift to a product-based economy B. Global competitionC. Just-in-time management D. Total quality management4. Identify the following as product or period costs for a merchandiser:Cost of inventory items productAdvertising periodSalaries periodFreight-in productDelivery expense period5. 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 above6. Which of the following is an indirect cost of a manufacturer? A. Direct material B. Direct labor C. Manufacturing overhead D. All of the above8. 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 inventory9. 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. ProductivityC. Efficiency D. Integrity答案：1.D 3.A 5.D 6.C 8.C 8.A 10.DChapter31. 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 warehouse3. What types of decisions are made with activity-based management?A. Pricing B. Product mix C. Cost cutting D. All of the above4. 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 pricingC. Market-based costing D. Price profit analysis5. Which of the following is NOT a characteristic of just-in-time (JIT) production?A. Small quantity of materials on handB. Machines and workers grouped in “cells”C. Strong relationship with suppliersD. Minimization of lost sales6. What is unique about accounting for product costs in a JIT system?A. Costs arent 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 managementC. Autocratic approach D. Efficiency model8. 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 failure9. Product testing is an example of which quality cost?A. PreventionB. AppraisalC. Internal failureD. External failure10. Training personnel is an example of which quality cost?A. PreventionB. AppraisalC.Internal failureD. External failure1.A 2.C 3.D 4.B 5.D 6.A 7.B 8.D 9.B 10.AChapter 51. Which of the following is most likely a variable cost?A. Factory rent B. Property taxes C. Depreciation D. Sales commissions2. This type of cost per unit remains constant, while the total cost increases with activity.A. Variable B. Fixed C. Mixed D. Semi-variable3. This type of unit cost decreases with activity, but the total cost remains constant.A. Variable B. Fixed C. Mixed D. Semi-variable4. Which of the following would most likely be a mixed cost?A. Direct labor B. Straight-line depreciation C. Utilities D. Of