管理會計Managerialaccounting習題Chapter01

1、Chapter 1 Managerial Accounting and the Business EnvironmentTrue/False Questions1. Man agerial acco unting places less emphasis on precisi on and more emphasis on flexibility and relevance than financial accounting.An swer: True AACSB: Reflective Thi nking AICPA BB: Critical Thi nki ng AICPA FN: Mea

2、sureme nt LO: 1 Level: Medium2. Man agerial acco un ti ng is not gover ned by gen erally accepted acco unting prin ciples (GAAP).An swer: True AACSB: Reflective Thi nking AICPA BB: Critical Thi nki ng AICPA FN: Decisi on Making, Measureme nt LO: 1 Level: Easy3. Finan cial acco unting and man agerial

3、 acco un ti ng reports must be prepared in accorda nce with gen erally accepted acco un ti ng prin ciples (GAAP).An swer: False AACSB: Reflective Thin ki ng AICPA BB: Critical Thi nki ng AICPA FN: Measureme nt LO: 1 Level: Easy4. When carrying out their directing and motivating activities, managers

4、mobilize theorganization's human and other resources so that the organization's plans are carried out.An swer: True AACSB: Reflective Thi nki ng AICPA BB: Resource Man ageme nt, Critical Thi nking AICPA FN: Decisi on Maki ng LO: 2 Level: Easy5. When carrying out planning activities, managers

5、 rely on feedback to ensure that the plan is actually carried out and is appropriately modified as circumstances change.An swer: False AACSB: Reflective Thi nki ng AICPA BB: Resource Man ageme nt AICPA FN: Decisi on Maki ng LO: 2 Level: Medium6. When carrying out their directing and motivating activ

6、ities, managers select a course of action and specify how the action will be implemented.An swer: False AACSB: Reflective Thi nki ng AICPA BB: Resource Man ageme nt AICPA FN: Decisi on Maki ng LO: 2 Level: Medium7. Persons occupying staff positions provide support and assistance to other parts of th

7、e organization.Answer: True AACSB: Reflective Thinking AICPA BB: Resource Management AICPA FN: Decision Making LO: 2 Level: Easy8. Staff departments generally have direct authority over line departments in an organization.Answer: False AACSB: Reflective Thinking AICPA BB: Resource Management AICPA F

8、N: Decision Making LO: 2 Level: Medium9. Informal relationships and channels of communication often develop that do not appear on the organization chart.Answer: True AACSB: Reflective Thinking AICPA BB: Resource Management, Critical Thinking AICPA FN: Decision Making LO: 2 Level: Easy10. The control

9、ler's position in a retail company is considered a line position rather than a staff position.Answer: False AACSB: Reflective Thinking AICPA BB: Resource Management AICPA FN: Decision Making LO: 2 Level: Medium11. The Chief Financial Officer of an organization should present facts and refrain fr

10、om offering advice and personal opinion.Answer: False AACSB: Reflective Thinking AICPA BB: Resource Management AICPA FN: Decision Making LO: 2 Level: Medium12. A strategy is a game plan that enables a company to attract customers by distinguishing itself from competitors.Answer: True AACSB: Reflecti

11、ve Thinking AICPA BB: Critical Thinking AICPA FN: Decision Making LO: 2 Level: Easy13. A strategy requires effective use of Six Sigma improvement techniques.Answer: False AACSB: Reflective Thinking AICPA BB: Critical Thinking AICPA FN: Decision Making LO: 2 Level: Medium14. A customer value proposit

12、ion is essentially a reason for customers to choose a company's products over its competitors' products.Answer: True AACSB: Reflective Thinking AICPA BB: Marketing AICPA FN: Decision Making LO: 2 Level: Easy15. Customer value propositions tend to fall into three broad categories-customer int

13、imacy, operational excellence, and product leadership.Answer: True AACSB: Reflective Thinking AICPA BB: Marketing AICPA FN: Decision Making LO: 2 Level: Easy16. Companies that adopt a customer intimacy strategy are in essence saying to their target customers, “The reason you should choose us is beca

14、use we understand and respond to your individ ual needs better than our competitors.”Answer: True AACSB: Reflective Thinking AICPA BB: Marketing AICPA FN: Decision Making LO: 2 Level: Easy17. Companies that choose an operational excellence strategy are in essence saying to their customers, “ Choose

15、us rather than our competitors because we strive for zero defects.Answer: False AACSB: Reflective Thinking AICPA BB: Marketing AICPA FN: Decision Making LO: 2 Level: Medium18. A value chain consists of the major business functions that add value to the company's products and services.Answer: Tru

16、e AACSB: Reflective Thinking AICPA BB: Resource Management AICPA FN: Decision Making LO: 2 Level: Easy19. Efforts designed to increase the rate of output should generally be applied to the workstation that is the constraint.Answer: True AACSB: Reflective Thinking AICPA BB: Resource Management AICPA

17、FN: Decision Making LO: 3 Level: EasyGarris on/Noree n/Brewer, Man agerial Accou nting, Twelfth Editi on1-5Chapter 1 Managerial Accounting and the Business Environment20. The lean thinking model is a five step management approach that organizes resources such as people and machines around the flow o

18、f business processes and that pulls units through theses processes in response to customer orders.Answer: True AACSB: Reflective Thinking AICPA BB: Resource Management AICPA FN: Decision Making LO: 3 Level: Easy21. Supply chain management involves acquiring and bringing inside the company all of the

19、 processes that bring value to customers.Answer: False AACSB: Reflective Thinking AICPA BB: Resource Management AICPA FN: Decision Making LO: 3 Level: Medium22. An enterprise system integrates data across an organization into a single software system that enables all employees to have simultaneous a

20、ccess to a common set of data.Answer: True AACSB: Reflective Thinking AICPA BB: Leveraging Technology AICPA FN: Leveraging Technology LO: 3 Level: Easy23. Corporate governance is the legal framework that allows managers to control and direct lower-level workers on the job.Answer: False AACSB: Reflec

21、tive Thinking AICPA BB: Resource Management AICPA FN: Decision Making LO: 3 Level: Medium24. The Sarbanes-Oxley Act of 2002 was intended to protect the interests of those who invest in publicly traded companies by improving the reliability and accuracy of corporate financial reports and disclosures.

22、Answer: True AACSB: Reflective Thinking AICPA BB: Legal AICPA FN: Measurement LO: 3 Level: Easy25. The Standards of Ethical Conduct promulgated by the Institute of Management Accountants specifically states, among other things, that management accountants have a responsibility to disclose fully all

23、relevant information that could be reasonably be expected to influence an intended user's understanding of the reports, comments and recommendations presented.Multiple Choice Questions26. Managerial accounting places considerable weight on:A) generally accepted accounting principles.B) the finan

24、cial history of the entity.C) ensuring that all transactions are properly recorded.D) detailed segment reports about departments, products, and customers.Answer: D AACSB: Reflective Thinking AICPA BB: Critical Thinking AICPA FN: Measurement LO: 1 Level: Easy27. The plans of management are often expr

25、essed formally in:A) financial statements.B) performance reports.C) budgets.D) ledgers.Answer: C AACSB: Reflective Thinking AICPA BB: Resource Management AICPA FN: Measurement LO: 1 Level: Easy28. The phase of accounting concerned with providing information to managers for use in planning and contro

26、lling operations and in decision making is called:A) throughput time.B) managerial accounting.C) financial accounting.D) controlling.Answer: B AACSB: Reflective Thinking AICPA BB: Resource Management AICPA FN: Measurement LO: 1 Level: Easy29. A staff position:A) relates directly to the carrying out

27、of the basic objectives of the organization.B) is supportive in nature, providing service and assistance to other parts of the organization.C) is superior in authority to a line position.D) none of these.Answer: B AACSB: Reflective Thinking AICPA BB: Resource Management AICPA FN: Decision Making LO:

28、 2 Level: EasyGarris on/Noree n/Brewer, Man agerial Accou nting, Twelfth Editi on1-7Chapter 1 Managerial Accounting and the Business Environment30. For a manufacturing company, what type of position (line or staff) is each of the following?Manager of a DataProcessing DepartmentManager of a Productio

29、n DepartmentA)StaffStaffB)StaffLineC)LineStaffD)LineLineAnswer: B AACSB: Reflective Thinking AICPA BB: Resource Management AICPA FN: Decision Making LO: 2 Level: Easy31. A position in an organization is directly related to the achievementof the organization's basic objectives.A) lineB) managemen

30、tC) staffD) None of the above.Answer: A AACSB: Reflective Thinking AICPA BB: Resource Management AICPA FN: Decision Making LO: 2 Level: Easy32. is an example of a line position.A) Controller for a merchandising companyB) Chief financial officer of a merchandising companyC) Store manager for Best Buy

31、D) Human resources manager for a community collegeAnswer: C AACSB: Reflective Thinking AICPA BB: Resource Management AICPA FN: Decision Making LO: 2 Level: Easy33. Which of the following is NOT one of the three major customer value propositions discussed in the text?A) customer intimacyB) discount p

32、ricingC) operational excellenceD) product leadership34. Which of the following is NOT one of the five steps in the lean thinking model discussed in the text?A) Continuously pursue perfection in the business process.B) Identify value in specific products/services.C) Implement an enterprise system.D)

33、Create a pull system that responds to customer orders.Answer: C AACSB: Reflective Thinking AICPA BB: Resource Management AICPA FN: Decision Making LO: 2 Level: Easy35. One consequence of a change from a push to a properly implemented pull production system can be:A) an increase in work in process in

34、ventories.B) an extremely difficult cultural change due to enforced idleness when demand falls below production capacity.C) an increased mismatch between what is produced and what is demanded by customers.D) an increase in raw materials inventories.Answer: B AACSB: Analytic AICPA BB: Industry, Resou

35、rce Management AICPA FN: Decision Making LO: 3 Level: Hard36. All of the following are characteristics of a pull production system EXCEPT:A) Inventories are reduced to a minimum by purchasing raw materials and producing units only as needed to meet consumer demand.B) Raw materials are released to pr

36、oduction far in advance of being needed to ensure no interruptions in work flows due to shortages of raw materials.C) Products are completed just in time to be shipped to customers.D) Manufactured parts are completed just in time to be assembled into products.Answer: B AACSB: Reflective Thinking AIC

37、PA BB: Resource Management AICPA FN: Decision Making LO: 3 Level: Medium37. The five step framework used to guide Six Sigma improvement efforts includes all of the following EXCEPT:A) Analyze.B) Control.C) Digitize.D) Measure.38. The Sarba nes-Oxley Act of 2002 con tai ns all of the followi ng provi

38、sio ns EXCEPT:A) The audit committee of the board of directors of a company must hire, compensate, and term in ate the public acco unting firm that audits the compa ny's finan cial reports.B) Financial statements must be audited once every three years by the Government Acco unting Office.C) Both

39、 the CEO and CFO must certify in writing that their company's financial stateme nts and accompa nying disclosures fairly represe nt the results of operati ons.D) A compa ny's annual report must con tai n an in ternal con trol report.An swer: B AACSB: Reflective Thi nki ng AICPA BB: Legal AICPA FN: Measureme nt LO: 3 Level: M