Reference no: EM131129600
1. The value chain includes which of the following activities?
A Designing and developing products and services.
B Producing products and services.
C Marketing and delivering products and services.
D All of the above.
2. The role of management accounting is to:
A provide information to parties outside the organisation
B provide information to managers within the organisation.
C provide information to government agencies.
D All of the given answers
3. Correcting errors by employees in a proof-reading company is
A necessary to implement TQM.
B a non-value-added activity.
C a value-added activity.
D activity reduction.
4. Incremental and constant increases in the efficiency of an existing process is
A a process creation.
B a process innovation.
C a process improvement.
D a process reduction.
5. Assuming one answer only can be chosen, which of the following is a non-value-added activity for a manufacturing firm?
A Machining a metal plate in the factory.
B Packing finished product into cartons for delivery.
C Moving partly finished production to storage.
D Inserting a warranty-card and instruction booklet into the boxed product.
6. Which of the following activities are generally non-value-added activities?
i. Inspect work in process
ii. process sales orders
iii. Storage of finished goods
iv. Move raw material to the work station
A i, iii and iv
B i, ii and iv
C i, ii and iii
D ii, iii and iv
7. Eldervale Winery is a producer of premium wine. Which of the following is NOT an example of a downstream cost?
A The costs associated with random quality check during the wine production process
B The costs associated with the sales team travelling to a wine show to promote Eldervale wine
C The costs associated with delivering wine to customers
D The costs associated with answering customer inquiries on the differences between wine varieties
8. Mydas Ltd operates a large factory which manufactures three types of motor vehicles, including family cars, sports cars and motorcycles. If the cost object is a motorcycle, which of the following is a direct cost?
A The costs of wheels on the motorcycle
B The salary of the factory general manager
C The salary of the factory quality inspector
D The windscreen wipers on a family car
9. Which of the following is an example of an engineered cost?
A Direct materials
B Advertising
C Insurance
D Factory supervisor's salary
10. The relevant range is that range of activity where:
A management may not find it important to concern itself
B management does not expect the firm to operate
C fixed costs remain unchanged
D the expected costs exceed the benefits from the activity.
|
The values of the joint probability distribution
: Suppose that we roll a pair of balanced dice and X is the number of dice that come up 1, and Y is the number of dice that come up 4, 5, or 6. (a) Draw a diagram like that of Figure 1 showing the values of X and Y associated with each of the 36 equ..
|
|
Compare and contrast the transesterification process
: Why are ethanol and methanol commonly used for the transesterification process over other alcohols? - What are the similarities between gas chromatography and thin layer chromatography?
|
|
What helps relieve stress and how effective is your methods
: Then consider how you might measure the effectiveness of the stress management technique. Reflect on the benefit stress sufferers might derive from using multiple stress management techniques. Finally, consider two barriers to effective stress man..
|
|
Calculate roi for both subsidiaries
: Calculate ROI for both subsidiaries. Calculate EVA for both subsidiaries. Note that since no adjustments for "accounting distortions" are being made, EVA is equivalent to residual income.
|
|
Which is a non-value-added activity for a manufacturing firm
: Assuming one answer only can be chosen, which of the following is a non-value-added activity for a manufacturing firm? Which of the following is an example of an engineered cost?
|
|
What consumers primarily look for in products
: Jason is a marketing researcher working for a client who believes that social class will be an important segmenting device. Jason decides to find social class categories by simply asking respondents to pick their own category. Which of the followi..
|
|
Draw a block diagram of the realization with an integrator
: A student has computed det C = 2.3 × 10 -7 and claims that the system is uncontrollable. Is the student right or wrong? Why?
|
|
Answer the questions about self employment tax
: 27. Self-Employment Tax George has $71,300 in salary from his full-time position and $43,000 in net income in 2010 from his sole proprietorship. What must he pay for self-employment tax? What portion of this can he deduct?
|
|
A rectangular system of coordinates with its origin
: A sharpshooter is aiming at a circular target with radius 1. If we draw a rectangular system of coordinates with its origin at the center of the target, the coordinates of the point of impact, (X, Y), are random variables having the joint probabi..
|