篩選結(jié)果 共找出525題

Which of the following statements about standard costing is NOT correct??

A

?Standard costing is less applicable in a modern manufacturing environment where a large?proportion of total costs are overhead costs that are fixed in the short term?

B

?Managers expect to access up to date performance information on-line, and standard?costing systems do not easily provide this?

C

?Management may prefer alternative methods of performance reporting instead of standard?costing?

D

?Managers no longer rely on formal budgetary control reports to monitor performance?

?Which type of standard cost is most useful for monitoring trends in performance over time??

A

?Attainable standard?

B

?Basic standard?

C

?Current standard?

D

?Ideal standard?

?Which of the following describes a 'basic standard' within the context of budgeting??

A

?A standard which is kept unchanged over a period of time?

B

?A standard which is based on current price levels?

C

?A standard set at an ideal level, which makes no allowance for normal losses, waste and?machine downtime?

D

?A standard which assumes an efficient level of operation, but which includes allowances for?factors such as normal loss, waste and machine downtime?

Which of the following statements about standard costing is NOT true??

A

?Standard costing is useful where products are customised to a customer's specifications.?

B

?Standard costing provides useful information to assist management in controlling costs?

C

?Standard costing makes it easier to value inventory?

D

?Standard costing can be used to predict future costs and set budgets?

?EFG uses an Activity Based Budgeting system. It manufactures three products, budgeted?details of which are set out below:?


What is the budgeted machine set-up cost per unit of product F??

A

?$0.1739?

B

?$0.35?

C

?$6.96?

D

?Cannot be determined without any more information?

The following statements have been made regarding different types of budget:

?(i) A flexible budget can be used to control operational efficiency.?

(ii) Incremental budgeting can be defined as a system of budgetary planning and control?that measures the additional costs that are incurred when there are unplanned extra?units of activity.?

(iii) Rolling budgets review and, if necessary, revise the budget for the next quarter to?ensure that budgets remain relevant for the remainder of the accounting period.?

Which of the above statement(s) are true??

A

?(i) and (ii) only?

B

?(ii) and (iii) only?

C

?(iii) only?

D

?(i) only?

X Co uses rolling budgeting, updating its budgets on a quarterly basis. After carrying out the?last quarter’s update to the cash budget, it projected a forecast cash deficit of $400,000 at?the end of the year. Consequently, the planned purchase of new capital equipment has?been postponed.?

Which of the following types of control is the sales manager’s actions an example of??

A

?Feedforward control?

B

?Negative feedback control?

C

?Positive feedback control?

D

?Double loop feedback control?

?Which of the following statements regarding zero based budgeting are correct??

(1) It is best applied to support expenses rather than to direct costs.?

(2) It can link strategic goals to specific functional areas.?

(3) It carries forward inefficiencies from previous budget periods.?

(4) It is consistent with a top-down budgeting approach.?

A

?(3) and (4)?

B

?(1) and (2)?

C

?(2) and (3)?

D

?(1) and (4)?

The following statements have been made about the drawbacks of activity-based?budgeting:??

(1) It is not always useful or applicable, as in the short term many overhead costs are not?controllable and do not vary directly with changes in the volume of activity for the?cost driver.?

(2) ABB will not be able to provide useful information for a total quality management?programme (TQM).?

Which of the above statement(s) is/are true??

A

?(1) only?

B

?(2) only?

C

?Neither (1) nor (2)?

D

?Both (1) and (2)?

?Incremental budgeting is widely used and is a particularly efficient form of budgeting.?

A

?True?

B

?False?