Cost And Management Accountıng Çıkmış Sorular, Online Deneme Sınavları, Çalışma, Dersler, Sınava Hazırlanma, vize, final

Soru 1:

Which of the following is wrong with cost accounting?

A) Purpose of cost accounting is to find the cost of product or service. B) Expense is the sacrifice, measured by the price paid or to be paid, to acquire goods or services. C) Cost accounting can be defined as information a system. D) Purpose of cost accounting is planning and controlling activities. E) Purpose of cost accounting is decision-making process.

Soru 2:

Which one of the following is not among the expenses for raw materials and supplies can be traced within a four-step approach?

A) Determination of purchase costs B) Documentation and recording process C) Pricing the consumption D) Determination of consumption E) Determination of production

Soru 3:

What is the name of the costs that are not directly identified with a cost object?

A) Direct costs B) Indirect costs C) Manufacturing costs D) Period costs E) The manufacturing overhead costs

Soru 4:

What is the definition of "A resource sacrificed or forfeit to achieve a specific objective"?

A) Cost B) Expense C) Loss D) Income E) Revenue

Soru 5:

Which of the following is not included in labor costs related to legal or/and contractual enforcement or discretionary reasons?

A) Social Welfare Contributions B) Production and Efficiency Premium C) Education and Training Payments D) Social Security Premiums E) Unemployment Insurance Premiums

Soru 6:

Which one of the following costs are the costs of the material used in the product which can be easily traced?

A) Indirect costs B) Overhead costs C) Direct material costs D) Labour costs E) Managerial costs

Soru 7:

Which one of the following is used for drawing materials from the warehouse?

A) Inventory card B) Raw material C) Warehouse receipt document D) Materials request slip E) Economic order quantity

Soru 8:

The product to which the cost is allocated is called:

A) Cost base. B) Allocation base. C) Cost driver. D) Cost pool. E) Cost object.

Soru 9:

Anadolu Company determines basic wage by money accord approach. This company decided that an employee could produce 5 units of product per hour in normal conditions. Hourly payment is 20 TL ,which has been determined by a collective bargaining agreement. During May 2019, Employee X worked for 150 hours and produced 500 units of product. According to the information given above, how much is gross Wage per month? Payment per unit= 20/5=4 TL Gross Wage per month = 4x150 units=600 TL

A) 100 B) 200 C) 400 D) 500 E) 600

Soru 10:

Under which group of raw materials is inventory, work in process inventory and finished goods inventory are shown under the balance sheet?

A) Cash B) Inventory C) Fixed Assets D) Intangible Assets E) Cost of goods sold

Soru 11:

Which of the following is the journal entry for the record to of indirect labor cost in a manufacturing company?

A) Manufacturing Overhead debit, Payables to Employees, Taxes and Funds Payable, Social Security Premiums Payable credit. B) Direct Labor Expenses debit, Payables to Employees, Taxes and Funds Payable credit. C) Manufacturing Overhead debit, Payables to Employees credit. D) Manufacturing Overhead debit, Payables to Employees, Taxes and Funds Payable credit. E) Payables to Employees, Taxes and Funds Payable debit, Manufacturing Overhead credit

Soru 12:

According to FIFO, calculate the cost of the material at the warehouse at the end of the period.

A) 700 TL B) 800 TL C) 900 TL D) 1.000 TL E) 1.100 TL

Soru 13:

I. Relevance II. Reliability III. Comparability IV. Understandability Which of the above are among the key qualities of management accounting information system?

A) I and II B) III and IV C) I, II and III D) II, III and IV E) I, II, III and IV

Soru 14:

Which of the key qualities of management accounting information system is related to the its having the ability to influence decisions?

A) Reliability B) Comparability C) Understandability D) Quality E) Relevance

Soru 15:

Which of the followings is the ability of the enterprises to produce the products or services that constitute the main activities?

A) Allocation B) Capacity C) Incentive D) Reimbursement E) Asset

Soru 16:

Which of the following statements is not true regarding "Dual-Rate Method"?

A) When a company uses a dual-rate method, managers must select allocation bases for both variable and fixed-cost pools of the Material Management Division. B) Variable costs are assigned based on the budgeted variable cost per hour of 30 TL for actual hours each department uses. C) Fixed costs are assigned based on budgeted fixed costs per hour and the budgeted number of hours for each department. D) Budgeted fees are charged from departments for each hour of the actual use of the central facility. E) Given the budgeted usage of 800 hours for the Machining Department and 2,800 hours for the Assembly Department, the budgeted fixed-cost rate is 40 TL per hour.

Soru 17:

Which of the following is a financial statement that concerns only internal users?

A) Balance sheet B) Income statement C) Cash flow statement D) Statement of Changes in Shareholders' Equity E) Cost of sales table

Soru 18:

I. Direct raw material cost II. Direct labor cost III. Manufacturing (factory) overhead cost Which of the above is included in manufacturing costs?

A) Only I B) Only III C) I and II D) II and III E) I, II and III

Soru 19:

What is the first step of a management accounting information system?

A) Information evaluation B) Information reporting C) Information analysis D) Information identification E) Information recording

Soru 20:

The first step in allocating support department costs to operating departments is:

A) Assign costs to cost pools. B) For each support department cost pool, choose an allocation base. C) Identify support and operating department cost pools. D) Allocate support costs from the operating departments to units of goods or services. E) Explain the purpose of the allocation.