篩選結(jié)果 共找出60題

How would a clothes retailer classify the following costs?

Cost???????????????????????????????????????????????????????? Materials??????????????? ?Labour????????????? Expenses

Designer skirts???

Heating costs???

Depreciation of fixtures and fittings???

Cashier staff salaries???

Over which of the following is the manager of a profit centre likely to have control?

(i) Selling prices

(ii) Controllable costs

(iii) Apportioned head office costs

(iv) Capital investment in the centre

A

All of the above

B

(i), (ii) and (iii)

C

(i), (ii) and (iv)

D

(i) and (ii)

Which of the following best describes a controllable cost?

A

A cost which arises from a decision already taken, which cannot, in the short run, be changed.

B

A cost for which the behaviour pattern can be easily analysed to facilitate valid budgetary control?comparisons.

C

A cost which can be influenced by its budget holder.

D

A specific cost of an activity or business which would be avoided if the activity or business did?not exist.?

Which of the following items might be a suitable cost unit within the credit control department of a company?(i) Stationery cost(ii) Customer account

(iii) Cheque received and processed

A

Item (i) only

B

Item (ii) only

C

Item (iii) only

D

Items (ii) and (iii) only

Which of the following best describes a period cost?

A

A cost that relates to a time period which is deducted as expenses for the period and is not included in the inventory valuation.

B

A cost that can be easily allocated to a particular period, without the need for arbitrary apportionment between periods.

C

A cost that is identified with a unit produced during the period, and is included in the value of inventory. The cost is treated as an expense for the period when the inventory is actually sold.

D

A cost that is incurred regularly every period, eg every month or quarter

A company employs four supervisors to oversee the factory production of all its products. How would the salaries paid to these supervisors be classified?

A

As a direct labour cost

B

As a direct production expense

C

As a production overhead

D

As an administration overhead

A company manufactures and sells toys and incurs the following three costs:

(i) Rental of the finished goods warehouse

(ii) Depreciation of its own fleet of delivery vehicles

(iii) Commission paid to sales staffWhich of these are classified as distribution costs?

A

(i) and (ii) only

B

(i) and (iii) only

C

(ii) and (iii) only

D

(i), (ii) and (iii)

Which of the following describes a cost centre?

A

A unit of output or service for which costs are ascertained

B

A function or location for which costs are ascertained

C

A segment of the organisation for which budgets are prepared

D

An amount of expenditure attributable to a particular activity

The overhead expenses of a company are coded using a five digit coding system, an extract from which is

as follows:

Cost centre?????????????????? Code no?????????????? Types of expense????????????????? ????????????????????? ??? Code no

Machining??????????????????????? 10????????????????????? Indirect materials??????????????????? ?????????????????????? ??? ?410

Finishing??????????????????????????11???????????????????? ?Depreciation of production machinery????????????? ? 420

Packing??????????????????????????? 12???????????????????? ?Indirect wages????????????????????????????????????????????????????430

Stores??????????????????????????????13?????????? ????????????Maintenance materials?????????????????????????????????????? 440

Maintenance????????????????? ??14????????????????????? ?Machine hire costs?????????????????????????????????????????? ? 450??

???????????????????????????????????????????????????????????? ??? Depreciation of non-production equipment??????? ??460

The coding for the hire costs of a packing machine is 12450.

Which is the coding for the issue of indirect materials issued from stores to the machining department?

A

10410

B

10440

C

13410

D

13440

Which one of the following statements does NOT explain why coding systems are used?

A

A code?is?more precise than a description so reduces ambiguity

B

A code is briefer than a description so saves time

C

A code?is?more suited to communicating wider issues than a description

D

The use of codes facilitates data processing