ACCA F2管理會(huì)計(jì)中國(guó)大學(xué)mooc課后章節(jié)答案期末考試題庫(kù)2023年

ACCAF2管理會(huì)計(jì)中國(guó)大學(xué)mooc課后章節(jié)答案期末考試題庫(kù)2023年Whichofthefollowingarelikelytouseservicecosting?(i)Acollege(ii)Ahotel(iii)Aplumber

參考答案:

(i)and(ii)

Foroperationalpurposes,foracompanyoperatingafleetofdeliveryvehicles,whichofthefollowingcostunitswouldthemostuseful?

參考答案:

Costpertonnemile

Aninvestorhasthechoicebetweentwoinvestments.InvestmentExeoffersinterestof4%peryearcompoundedsemi-annuallyforaperiodofthreeyears.InvestmentWyeoffersoneinterestpaymentof20%attheendofitsfour-yearlife.WhatistheannualeffectiveinterestrateofferedbyInvestmentExeandWye?

參考答案:

4.04%

4.66%

XYZusesstandardcosting.Itmakesanassemblyforwhichthefollowingstandarddataareavailable:Standardlabourhoursperassembly24Standardlabourcostperhour$8Duringaperiod850assembliesweremade,therewasNilratevarianceandanadverseefficiencyvarianceof4,400.Howmanyactuallabourhourswereworked?

參考答案:

20,950

Thefollowingstatementsrefertoqualitiesofgoodinformation:(i)Itshouldbecommunicatedtotherightperson.(ii)Itshouldalwaysbecompletelyaccuratebeforeitisused(iii)Itshouldbeunderstandablebytherecipient.Whichoftheabovestatementsarecorrect?

參考答案:

(i)and(iii)only

Aprojecthasaninitialoutflowof$12,000followedbysixequalannualcashinflows,commencinginoneyear’stime.Thepaybackperiodisexactlyfouryears.Thecostofcapitalis12%peryear.Whatistheproject’snetpresentvalue(tothenearest$)?

參考答案:

$333

Thefollowingstatementsrelatetobusinessobjectives:(i)Theshort-termobjectivesofanorganisationaredescribedinverygeneralterms.(ii)Corporateobjectivesrelatetotheorganisationasawhole.(iii)Itispossibleforadivisionofanorganisationtohaveitsownspecificobjectives.Whichoftheabovearecorrect?

參考答案:

(ii)and(iii)only

Whichofthefollowingcouldbecarriedoutbyhigherlevelmanagement?(i)makingshorttermdecisions(ii)definingtheobjectivesofthebusiness(iii)makinglongrundecisions

參考答案:

(i),(ii)and(iii)

Regressionanalysisisbeingusedtofindthelineofbestfit(y=a+bx)fromelevenpairsofdata.Thecalculationshaveproducedthefollowinginformation:Σx=440,Σy=330,Σ(x*x)=17,986,Σ(y*y)=10,366andΣxy=13,467Whatisthevalueof‘a(chǎn)’intheequationforthelineofbestfit(to2decimalplaces)?

參考答案:

2.33

BrisbaneLimitedhasrecordedthefollowingsalesinformationforthepastsixmonths:MonthAdvertisingexpenditure($’000)Salesrevenue($’000)11.530222731.7525434052.53262.7538Thefollowinghasalsobeencalculated:Σ(Advertisingexpenditure)=$13,500Σ(Salesrevenue)=$192,000Σ(AdvertisingexpenditurexSalesrevenue)=$447,250,000Σ(SalesrevenuexSalesrevenue)=$6,322,000,000Σ(Advertisingexpenditure2)=$32,125,000Whatisthevalueofb,i.e.thegradientoftheregressionline?

參考答案:

8.714

Whatisthepurposeofseasonallyadjustingthevaluesinatimeseries?

參考答案:

Toobtainaninstantestimateofthetrend

Usinganadditivetimeseriesmodel,thequarterlytrend(Y)isgivenbyY=65+7t,wheretisthequarter(startingwitht=1inthefirstquarterof20X5).Iftheseasonalcomponentinthefourthquarteris–30,whatistheforecastfortheactualvalueforthefourthquarterof20X6,tothenearestwholenumber?

參考答案:

91

Thetrendformonthlysales($Y)isrelatedtothemonth(t)bytheequationY=1,500–3twheret=1inthefirstmonthof20X8.Whataretheforecastsales(tothenearestdollar)forthefirstmonthof20X9iftheseasonalcomponentforthatmonthis0.92usingamultiplicativemodel?

參考答案:

$1,344

Acompanyoperatesastandardmarginalcostingsystem.Lastmonthitsactualfixedoverheadexpenditurewas10%abovebudgetresultinginafixedoverheadexpenditurevarianceof$36,000.Whatwastheactualexpenditureonfixedoverheadslastmonth?

參考答案:

$396,000

Extractsfromacompany'srecordsfromlastperiodareasfollows.BudgetActualProduction1,925units2,070unitsVariableproductionoverheadcost$11,550$14,904Labourhoursworked5,7758,280Whatarethevariableproductionoverheadexpenditureandefficiencyvariancesforlastperiod?

參考答案:

$1,656(F)

$4,140(A)

Whichofthefollowingbestdescribesaprincipalbudgetfactor?

參考答案:

Afactorwhichlimitstheactivitiesofanorganisation.

Whatwasthedirectlabourefficiencyvarianceforlastmonth?

參考答案:

$5,250adverse

Whichofthefollowingwouldbepartofthecapitalexpenditurebudget?(i)Purchaseofanewfactorypremises(ii)Replacementofexistingmachinery(iii)Refurbishmentofexistingfactorypremises(iv)Purchasesofrawmaterials

參考答案:

(i),(ii)and(iii)only

Whichisworthmost,atpresentvalues,assuminganannualrateofinterestof8%?

參考答案:

$1,800inexactlyfouryearsfromnow

Asumofmoneywasinvestedfor10yearsat7%perannumandisnowworth$2,000.Whatwastheoriginalamountinvested(tothenearest$)?

參考答案:

$1,016

Whatisthepresentvalueoftenannualpaymentsof$700,thefirstpaidimmediatelyanddiscountedat8%,givingyouranswertothenearest$?

參考答案:

$5,073

Howmuchshouldbeinvestednow(tothenearest$)toreceive$24,000perannuminperpetuityiftheannualrateofinterestis5%?

參考答案:

$480,000

Amachinehasaninvestmentcostof$60,000attime0.Thepresentvalues(attime0)oftheexpectednetcashinflowsfromthemachineoveritsusefullifeare:DiscountratePresentvalueofcashinflows10%$64,60015%$58,20020%$52,100Whatistheinternalrateofreturn(IRR)ofthemachineinvestment?

參考答案:

Between10%and15%

Thestandarddirectmaterialcostforaproductis$50perunit(12.5kgat$4perkg).Lastmonththeactualamountpaidfor45,600kgofmaterialpurchasedandusedwas$173,280andthedirectmaterialusagevariancewas$15,200adverse.Whatwastheactualproductionlastmonth?

參考答案:

3,344units

Thestandarddirectmaterialcostforaproductis$50perunit(12.5kgat$4perkg).Lastmonththeactualamountpaidfor45,600kgofmaterialpurchasedandusedwas$173,280andthedirectmaterialusagevariancewas$15,200adverse.Whatwasthedirectmaterialpricevariancelastmonth?

參考答案:

$9,120Favourable

WhenconsideringsettingstandardsforcostingwhichofthefollowingwouldNOTbeappropriate?

參考答案:

Thelabourrateusedwillbetherateatwhichlabourispaid.

Acompanyhasabudgetedmaterialcostof$125,000fortheproductionof25,000unitspermonth.Eachunitisbudgetedtouse2kgofmaterial.Thestandardcostofmaterialis$2.50perkg.Actualmaterialsinthemonthcost$136,000for27,000unitsand53,000kgwerepurchasedandused.Whatwastheadversematerialpricevariance?

參考答案:

$3,500

LGCoisintheprocessofsettingstandardcostsfornextperiod.ProductFusestwotypesofmaterial,MandN.6kgofmaterialMand5kgofmaterialNaretobeused,atastandardpriceof$2perkgand$3perkgrespectively.Threehoursofskilledlabourandonehourofsemi-skilledlabourwillberequiredforeachunitofF.Wagerateswillbe$8perhourand$6perhourrespectively.Productionoverheadistobeabsorbedatarateof$4perlabourhour.Tenpercentistobeaddedtototalproductioncosttoabsorbadministration,sellinganddistributioncosts.ThestandardcostofproductionforoneunitofFwillbe:

參考答案:

$73.00

AunitofproductLrequires9activelabourhoursforcompletion.TheperformancestandardforproductLallowsfortenpercentoftotallabourtimetobeidle,duetomachinedowntime.Thestandardwagerateis$9perhour.WhatisthestandardlabourcostperunitofproductL?

參考答案:

$90.00

Whatisanattainablestandard?

參考答案:

Astandardwhichincludessomeallowanceforlosses,wasteandinefficiencies.Itrepresentsthelevelofperformancewhichisattainableunderefficientoperatingconditions

Whichofthefollowingwouldhelptoexplainafavourabledirectlabourefficiencyvariance?(i)Employeeswereofalowerskilllevelthanspecifiedinthestandard(ii)Betterqualitymaterialwaseasiertoprocess(iii)Suggestionsforimprovedworkingmethodswereimplementedduringtheperiod

參考答案:

(ii)and(iii)only

Whichofthefollowingstatementsaretrue?(i)Thefixedoverheadvolumecapacityvariancerepresentspartoftheover/underabsorptionofoverheads(ii)Acompanyworksfewerhoursthanbudgeted.Thiswillresultinanadversefixedoverheadvolumecapacityvariance

參考答案:

Botharetrue

Acompanyhasabudgetedmaterialcostof$125,000fortheproductionof25,000unitspermonth.Eachunitisbudgetedtouse2kgofmaterial.Thestandardcostofmaterialis$2.50perkg.Actualmaterialsinthemonthcost$136,000for27,000unitsand53,000kgwerepurchasedandused.Whatwasthefavourablematerialusagevariance?

參考答案:

$2,500

Thequantityofmaterialinthematerialpurchasesbudgetisgreaterthantheinferredfromquantityofmaterialinthematerialusagebudget.Whichofthefollowingstatementscanbethissituation?

參考答案:

Rawmaterialsinventoriesarebudgetedtoincrease

Acompanyisreviewingactualperformancetobudgettoseewheretherearedifferences.Thefollowingstandardinformationisrelevant:$/perunitSellingprice50Directmaterials4Directlabour16Fixedproductionoverheads5Variableproductionoverheads10Fixedsellingcosts1Variablesellingcost1Totalcosts37Budgetedsalesunits3,000Actualsalesunits3,500Whatwasthefavourablesalesvolumevarianceusingmarginalcosting?

參考答案:

$9,500

Thefollowingdatarelatestooneofacompany'sproducts.$perunit$perunitSellingprice27.00Variablecosts12.00Fixedcosts9.0021.00Profit6.00Budgetedsalesforcontrolperiod7were2,400units,butactualsaleswere2,550units.Therevenueearnedfromthesesaleswas$67,320.Profitreconciliationstatementsaredrawnupusingmarginalcostingprinciples.Whatsalespriceandvolumevarianceswouldbeincludedinsuchastatementforperiod7?

參考答案:

$1,530(A)

$2,250(F)

PQSLtdplanstosell1,800unitsofproductDRnextyear.OpeningstockofDRisbudgetedtobe150unitsandPQSLtdbudgetstoreducestockbytenpercentbytheendoftheyear.HowmanyunitsofproductDRshouldbeproducednextyear?

參考答案:

1,785

Acompanymanufacturesasingleproduct,M.BudgetedproductionoutputofproductMduringAugustis200units.EachunitofproductMrequires6labourhoursforcompletionandPRCoanticipates20percentidletime.Labourispaidatarateof$7perhour.WhatisthedirectlabourcostbudgetforAugust?

參考答案:

$10,500

Acompanycurrentlyusesastandardabsorptioncostingsystem.ThefixedoverheadvariancesextractedfromtheoperatingstatementforNovemberare:$Fixedproductionoverheadexpenditurevariance5,800adverseFixedproductionoverheadcapacityvariance4,200favourableFixedproductionoverheadefficiencyvariance1,400adversePQLimitedisconsideringusingstandardmarginalcostingasthebasisforvariancereportinginfuture.WhatvarianceforfixedproductionoverheadwouldbeshowninamarginalcostingoperatingstatementforNovember?

參考答案:

Expenditurevariance:$5,800adverse

ADLtdmanufacturesandsellsasingleproduct,E,andusesastandardabsorptioncostingsystem.StandardcostandsellingpricedetailsforproductEareasfollows.$perunitVariablecost8Fixedcost210Standardprofit5Standardsellingprice15Thesalesvolumevariancereportedforlastperiodwas$9,000adverse.ADLtdisconsideringusingstandardmarginalcostingasthebasisforvariancereportinginfuture.Whatwouldbethecorrectsalesvolumevariancetobeshowninamarginalcostingoperatingstatementforlastperiod?

參考答案:

$12,600(A)

Lastyear,BryanAircarriedexcessbaggageof250,000kgoveradistanceof7,500kmatacostof$3,750,000fortheextrafuel.Whatisthecostperkg-km?

參考答案:

$0.002perkg-km

WhichofthefollowingisNOTacharacteristicofservicecosting?

參考答案:

Highlevelsofdirectcostsasaproportionoftotalcosts

Afirmmakesspecialassembliestocustomers’ordersandjobcosting.Thedatafortheperiodare:JobNo.AA10JobNo.BB15JobNo.CC20$$$OpeningWIP26,80042,7900Materialaddedinperiod17,275018,500Labourfortheperiod14,5003,50024,600Thebudgetedoverheadfortheperiodwere$126,000.Overheadareabsorbedonthebasisoflabourcosts.WhatwastheapproximatevalueofclosingWIPattheendoftheperiod?

參考答案:

$217,323

Afirmmakesspecialassembliestocustomers’ordersandjobcosting.Thedatafortheperiodare:JobNo.AA10JobNo.BB15JobNo.CC20$$$OpeningWIP26,80042,7900Materialaddedinperiod17,27508,500Labourfortheperiod14,5003,50024,600Thebudgetedoverheadfortheperiodwere$126,000.Overheadareabsorbedonthebasisoflabourcosts.JobNoBB15wascompletedanddeliveredduringtheperiodandthefirmwishestoearn331/3%profitonsales.WhatisthesellingpriceofjobNoBB15?

參考答案:

$84,963

Afirmmakesspecialassembliestocustomers’ordersandjobcosting.Thedatafortheperiodare:JobNo.AA10JobNo.BB15JobNo.CC20$$$OpeningWIP26,80042,7900Materialaddedinperiod17,27508,500Labourfortheperiod14,5003,50024,600Thebudgetedoverheadfortheperiodwere$126,000.Overheadareabsorbedonthebasisoflabourcosts.WhatoverheadshouldbeaddedtojobNoCC20fortheperiod?

參考答案:

$72,761

Whichofthefollowingwouldbeappropriatecostunitsforapassengercoachcompany?(i)Vehiclecostperpassenger-kilometre(ii)Fuelcostforeachvehicleperkilometre(iii)Fixedcostperkilometre

參考答案:

(i)and(ii)only

Whichofthefollowingwouldbeconsideredaserviceindustry?(i)anairlinecompany(ii)arailwaycompany(iii)afirmofaccountants

參考答案:

(i),(ii)and(iii)

Considerthefollowingstatements:(i)Jobcostingisonlyapplicabletoserviceorganisations.(ii)Batchcostingcanbeusedwhenanumberofidenticalproductsaremanufacturedtogethertogointofinishedstock.IseachstatementTRUEorFALSE?

參考答案:

Statement(i)

Statement(ii)

False

True

Whichofthefollowingcostingmethodsismostlikelytobeusedbyacompanyinvolvedinthemanufactureofliquidsoap?

參考答案:

Processcosting

Thefollowingitemsmaybeusedincostingbatches.1.Actualmaterialcost2.Actualmanufacturingoverheads3.Absorbedmanufacturingoverheads4.ActuallabourcostWhichoftheabovearecontainedinatypicalbatchcost?

參考答案:

1,3and4only

CostandsellingpricedetailsforproductZareasfollows.$perunitDirectmaterials6.00Directlabour7.50Variableoverhead2.50Fixedoverheadabsorptionrate5.0021.00Profit9.00Sellingprice30.00Budgetedproductionforthemonthwas5,000unitsalthoughthecompanymanagedtoproduce5,800units,selling5,200ofthemandincurringfixedoverheadcostsof$27,400.Whatistheabsorptioncostingprofitforthemonth?

參考答案:

$48,400

CostandsellingpricedetailsforproductZareasfollows.$perunitDirectmaterials6.00Directlabour7.50Variableoverhead2.50Fixedoverheadabsorptionrate5.0021.00Profit9.00Sellingprice30.00Budgetedproductionforthemonthwas5,000unitsalthoughthecompanymanagedtoproduce5,800units,selling5,200ofthemandincurringfixedoverheadcostsof$27,400.Whatisthemarginalcostingprofitforthemonth?

參考答案:

$45,400

Inaperiod,acompanyhadopeninginventoryof31,000unitsandclosinginventoryof34,000units.Profitsbasedonmarginalcostingwere$850,500andonabsorptioncostingwere$955,500.Ifthebudgetedtotalfixedcostsforthecompanywas$1,837,500,whatwasthebudgetedlevelofactivityinunits?

參考答案:

52,500

TheoverheadabsorptionrateforproductTis$4permachinehour.EachunitofTrequires3machinehours.InventoriesofproductTlastperiodwere:UnitsOpeninginventory2,400Closinginventory2,700Comparedwiththemarginalcostingprofitfortheperiod,theabsorptioncostingprofitforproductTwillbewhichofthefollowing?

參考答案:

$3,600higher

Lastmonthamanufacturingcompany’sprofitwas$2,000,calculatedusingabsorptioncostingprinciples.Ifmarginalcostingprinciplehasbeenused,alossof$3,000wouldhaveoccurred.Thecompany’sfixedproductioncostis$2perunit.Saleslastmonthwere10,000units.Whatwaslastmonth’sproduction(inunits)?

參考答案:

12,500

Thefollowinginformationrelatestoamanufacturingcompanyfornextperiod:Units$Production14,000Fixedproductioncosts63,000Sales12,000Fixedsellingcosts12,000Usingabsorptioncostingtheprofitfornextperiodhasbeencalculatedas$36,000.Whatwouldtheprofitfornextperiodbeusingmarginalcosting?

參考答案:

$27,000

Underabsorptioncosting,thetotalcostofaproductwillinclude:

參考答案:

Alldirectandindirectcosts

AcompanyhasthefollowingactualandbudgetdataforYear4.BudgetActualProduction8,000units9,000unitsVariableproductionoverheadperunit$3$3Fixedproductionoverheads$360,000$432,000Sales6,000units8,000unitsOverheadsareabsorbedusingarateperunit,basedonbudgetedoutputandexpenditure.Whatwasthefixedproductionoverheadabsorbedamountduringyear4?

參考答案:

$405,000

Theprocessofcostapportionmentiscarriedoutsothat:

參考答案:

commoncostsaresharedamongcostcentres

Acompanyhadthefollowingbudgetedandactualproductionoverheadcostsinitstwoproductioncostcentres,machiningandassembly:BudgetActualMachining$210,000$212,000Assembly$136,000$134,000Whichofthefollowingstatementsistrue?

參考答案:

Fromthedataavailableitisnotpossibletodetermineoverheadover-/under-absorption

TheproductionoverheadcontrolaccountforRLimitedattheendoftheperiodlookslikethis.【圖片】Whichofthefollowingstatementsarecorrect?(i)Indirectmaterialissuedfrominventorywas$22,800(ii)Overheadabsorbedduringtheperiodwas$210,000(iii)Overheadfortheperiodwasoverabsorbedby$8,400(iv)Indirectwagescostsincurredwere$180,400

參考答案:

(i)and(iv)

Acompanyhasoverabsorbedfixedproductionoverheadsfortheperiodby$6,000.Thefixedproductionoverheadabsorptionratewas$8perunitandisbasedonthenormallevelofactivityof5,000units.Actualproductionwas4,500units.Whatwastheactualfixedproductionoverheadsincurredfortheperiod?

參考答案:

$30,000

Acompanyusesanoverheadabsorptionrateof$3.50permachinehour,basedon32,000budgetedmachinehoursfortheperiod.Duringthesameperiodtheactualtotaloverheadexpenditureamountedto$108,875and30,000machinehourswererecordedonactualproduction.Byhowmuchwasthetotaloverheadunderoroverabsorbedfortheperiod?

參考答案:

Underabsorbedby$3,875

Budgetedinformationrelatingtotwodepartmentsinacompanyforthenextperiodisasfollows.ProductionDirectDirectDirectMachineDepartmentoverheadmaterialcostlabourcostlabourhourshours$$$127,00067,50013,5002,70045,000218,00036,000100,00025,000300Individualdirectlabouremployeeswithineachdepartmentearndifferingratesofpay,accordingtotheirskills,gradeandexperience.Whatisthemostappropriateproductionoverheadabsorptionratefordepartment2?

參考答案:

$0.72perdirectlabourhour

Budgetedinformationrelatingtotwodepartmentsinacompanyforthenextperiodisasfollows.ProductionDirectDirectDirectMachineDepartmentoverheadmaterialcostlabourcostlabourhourshours$$$127,00067,50013,5002,70045,000218,00036,000100,00025,000300Individualdirectlabouremployeeswithineachdepartmentearndifferingratesofpay,accordingtotheirskills,gradeandexperience.Whatisthemostappropriateproductionoverheadabsorptionratefordepartment1?

參考答案:

$0.60permachinehour

Whichofthefollowingstatementsaboutpredeterminedoverheadabsorptionratesaretrue?(i)Usingapredeterminedabsorptionrateavoidsfluctuationsinunitcostscausedbyabnormallyhighorlowoverheadexpenditureoractivitylevels(ii)Usingapredeterminedabsorptionrateofferstheadministrativeconvenienceofbeingabletorecordfullproductioncostssooner(iii)Usingapredeterminedabsorptionrateavoidsproblemsofunder/overabsorptionofoverheadsbecauseaconstantoverheadrateisavailable

參考答案:

(i)and(ii)only

Factoryoverheadscanbeabsorbedbywhichofthefollowingmethods?(i)Directlabourhours(ii)Machinehours(iii)Asapercentageofprimecost(iv)$xperunit

參考答案:

(i),(ii),(iii)and(iv)

ThemanagementaccountantofGympieLimitedhasalreadyallocatedandapportionedthefixedoverheadsfortheperiodalthoughshehasyettoreapportiontheservicecentrecosts.Informationfortheperiodisasfollows:ProductiondepartmentsServicedepartmentsTotal12StoresMaintenanceAllocatedandApportioned$17,500$32,750$6,300$8,450$65,000Workdoneby:Stores60%30%-10%Maintenance75%20%5%-Whatarethetotaloverheadsincludedinproductiondepartment1ifthereciprocalmethodisusedtoreapportionservicecentrecosts?

參考答案:

$28,398

Acompanymanufacturestwoproducts,XandY,inafactorydividedintotwoproductioncostcentres,PrimaryandFinishing.Thefollowingbudgeteddataareavailable:CostcentrePrimaryFinishingAllocatedandapportionedfixedoverheadcosts$96,000$82,500Directlabourminutesperunit:–productX3625–productY4835Budgetedproductionis6,000unitsofproductXand7,500unitsofproductY.Fixedoverheadcostsaretobeabsorbedonadirectlabourhourbasis.WhatisthebudgetedfixedoverheadcostperunitforproductY?

參考答案:

$15

Whichofthefollowingwouldbethemostappropriatebasisforapportioningmachineryinsurancecoststocostcentreswithinafactory?

參考答案:

Thevalueofthemachineryineachcostcentre

Acostisdescribedasstayingthesameoveracertainactivityrangeandthenincreasingbutremainingstableoverarevisedactivityrangeintheshortterm.Whattypeofcostisthis?

參考答案:

Asteppedfixedcost

Thefollowingdiagramrepresentsthebehaviourofoneelementofcost:【圖片】WhichONEofthefollowingstatementsisconsistentwiththeabovediagram?

參考答案:

Annualfactorypowercostwheretheelectricitysuppliersetsatariffbasedonafixedchargeplusaconstantunitcostforconsumptionbutsubjecttoamaximumannualcharge.

Whichofthefollowingbestdescribesdirectcosts?

參考答案:

costswhichcanbeeconomicallyidentifiedwithasinglecostunit

Whichoneofthefollowingwouldbeclassifiedasindirectlabour?

參考答案:

Forklifttruckdriversinthestoresofanengineeringcompany

Ifasinglesumof$12,000isinvestedat8%perannumwithinterestcompoundedquarterly,whatistheamounttowhichtheprincipalwillhavegrownbytheendofyearthree?(approximately)

參考答案:

$15,219

Acompanymanufacturesandsellstoysandincursthefollowingthreecosts:(i)Rentalofthefinishedgoodswarehouse(ii)Depreciationofitsownfleetofdeliveryvehicles(iii)CommissionpaidtosalesstaffWhichoftheseareclassifiedasdistributioncosts?

參考答案:

(i)and(ii)only

Whichofthefollowingbestdescribesaperiodcost?

參考答案:

Acostthatrelatestoatimeperiodwhichisdeductedasexpensesfortheperiodandisnotincludedintheinventoryvaluation.

Acompanymakeschairsandtables.Whichofthefollowingitemswouldbetreatedasanindirectcost?

參考答案:

Thesalaryofthesalesdirectorofthecompany

Whichofthefollowingwouldbeclassedasindirectlabour?

參考答案:

Astoresassistantinafactorystore

Afirmhastopaya20cperunitroyaltytotheinventorofadevicewhichitmanufacturesandsells.Howwouldtheroyaltychargebeclassifiedinthefirm'saccounts?

參考答案:

Directexpense

Acompanyemploysfoursupervisorstooverseethefracturingproductionofallitsproducts.Thesalariespaidtothesesupervisorsare:

參考答案:

Aproductionoverhead

Underwhichsamplingmethoddoeseverymemberofthetargetpopulationhaveanequalchanceofbeinginthesample?

參考答案:

Randomsampling

IIfasampleisselectedusingrandomsampling,itwillbefreefrombias.IIAsamplingframeisanumberedlistofallitemsinasample.IIIClustersamplingisanon-probabilitysamplingmethod.IVInquotasampling,investigatorsaretoldtointerviewallthepeopletheymeetuptoacertainquota.Whichoftheabovestatementsaretrue?

參考答案:

IandIVonly

ApublishingcompanyisresearchingthereadinghabitsoftheUnitedKingdom’spopulation.ItrandomlyselectsanumberoflocationsfromaroundtheUKandtheninterviewseveryonewholivesintheselocations.Whatisthisapproachtosamplingknownas?

參考答案:

Clustersampling

Afirmwhichbottlesshampooselectssomefilledbottlesforexamination.Theprocedureusedisthattworandomnumbersarechosen,xandy.Startingatthexthbottlefilled,everybottleatanintervalofyisthenchosenforexamination.WhichBESTdescribesthistypeofsampling?

參考答案:

Systematic

Whichofthefollowingexplainstheessenceofquotasampling?

參考答案:

Noneoftheabove

Whichofthefollowingstatementsarefalse?(i)Ifasampleisselectedusingrandomsampling,itwillbefreefrombias.(ii)Asamplingframeisanumberedlistofallitemsinasample.(iii)Inclustersamplingthereisverylittlepotentialforbias.(iv)Inquotasampling,investigatorsaretoldtointerviewallthepeopletheymeetuptoacertainquota.

參考答案:

(ii)and(iii)

Thefollowingstatementsrelatetodifferenttypesofdata:(i)Secondarydataaredatacollectedespeciallyforaspecificpurpose(ii)Discretedatacantakeonanyvalue(iii)Qualitativedataaredatathatcannotbemeasured(iv)PopulationdataaredataarisingasaresultofinvestigatingagroupofpeopleorobjectsWhichofthestatementsaretrue?

參考答案:

(iii)and(iv)only

Whichofthefollowingis/areprimarysourcesofdata?(i)Historicalrecordsoftransportcoststobeusedtoprepareforecastsforbudgetaryplanning(ii)TheAnnualAbstractofStatistics,publishedbytheOfficeforNationalStatisticsintheUnitedKingdom(iii)Datacollectedbyabankinatelephonesurveytomonitortheeffectivenessofthebank'scustomerservices

參考答案:

(iii)only

Goodinformationshouldhavecertainqualities.Whichofthefollowingarequalitiesofgoodinformation?(i)Complete(ii)Extensive(iii)Relevant(iv)Accurate

參考答案:

(i),(iii)and

(iv)

Whichofthefollowingstatementsis/arecorrect?(i)Informationfordecision-makingshouldincorporateuncertaintyinsomeway(ii)Thedatausedtopreparefinancialaccountsandmanagementaccountsarethesame

參考答案:

Botharet