BU33S : Accounting for Managers
Which of the following are a manager’s three primary responsibilities?
Planning, Directing, Controlling
Budgeting, Planning, Controlling
Budgeting, Directing, Controlling
Budgeting, Planning, Directing
All of the following are ethical principles identified in the IMA’s Statement of Ethical Professional Practice except:
Which of the following companies would use a job costing system?
Health care provider
Crayon manufacturing company
Potato chip manufacturing corporation
Spring water bottling company
When selecting a manufacturing overhead allocation base, managers should select the:
number of products produced.
cost driver of those manufacturing overhead costs.
same number used in prior years.
Conversion costs include:
direct labor and manufacturing overhead.
manufacturing overhead only.
direct materials and direct labor.
direct materials and manufacturing overhead.
If the sales price is $20 per unit, the variable cost is $12 per unit, total fixed costs are $12,000, and 15,000 units are produced, the contribution margin per unit is:
Which of the following budgets is the comprehensive planning document for the entire organization?
Capital expenditure budget
Budgeting income statement
Which of the following is a true statement regarding fixed overhead volume variance?
If production volume is less than anticipated, then fixed overhead has been under allocated and the fixed overhead volume variance is favorable.
If production volume is less than anticipated, then fixed overhead has been under allocated and the fixed overhead volume variance is unfavorable.
If production volume is greater than anticipated, then fixed overhead has been under allocated and the fixed overhead volume variance is favorable.
If production volume is greater than anticipated, then fixed overhead has been over allocated and the fixed overhead volume variance is unfavorable.
Which of the following is a cash equivalent?
Certificates of deposit that mature in less than three months
Certificates of deposit that mature in one year or less
All of the following are business reasons for adopting environmentally sustainable practices except:
historical orientation of accounting.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more