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

Soru 1:

I. Assembly department II. Plant maintenance III. Information systems Which of the departments above is part of support departments?

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

Soru 2:

What is the collection of cost data in some organized way by means of an accounting system?

A) Cost assignment B) Manufacturing overhead costs C) Direct costs D) Cost accumulation E) Indirect costs

Soru 3:

.................. are fixed payments to employees for their performance and productivity working on a monthly basis. However, ............. are payments to employees working on an hourly or daily basis. Which of the following should be brought to the places left blank above?

A) Salaries- wages B) Holiday Pay-Wages C) Salaries- Health Payments D) Health Payments-Holiday Pays E) Wages- Social Security Premiums

Soru 4:

What is the name of resource sacrificed or forfeit to achieve aspecific objective?

A) Accounting B) Function C) Cost D) Control E) Planning

Soru 5:

Which of the following methods divides the cost of each support department into two separate pools, variable and fixed, and distributes the cost of each pool by using a different charging rate?

A) Dual-rate cost-allocation method B) Incremental cost-allocation method C) Single-rate cost allocation method D) Step-down cost-allocation method E) Reciprocal cost-allocation method

Soru 6:

Which of the following support departments deal with the the direct costs of other departments?

A) Administration B) Accounting C) Housekeeping D) Purchasing E) Employee training

Soru 7:

Which of the following is the term used to refer to the process of assigning costs in a cost pool to the appropriate cost objects with the help of representatives?

A) Financial reporting B) Cost efficiency C) Practical capacity D) Cost allocation E) Cost pool

Soru 8:

Which one of the following costs are the costs that are related to the product but cannot be traced easily and also there may be some costs that are not included product, but they are consumed for the production purposes?

A) Indirect costs B) Direct material costs C) Standard costs D) Process costs E) Actual costs

Soru 9:

Which objective linked to strategic role of cost allocation is achieved when the cost allocation effectively empowers authorized individual managers to act autonomously with the goals of the senior management?

A) Determine accurate departmental and product costs as a basis for the evaluation of the cost efficiency of departments B) Identify the fairly rewards that managers earn for their effectiveness in their decisions C) Measure income and assets for reporting to external parties D) Motivate executives for a high level of effort to achieve the goals targeted by senior management. E) Right incentives are provided to the managers in order to make a decision consistent with the objectives of the senior management

Soru 10:

Which of the following is a direct labor cost?

A) Allowances B) Holiday Pay C) Overtime Pay D) Severance Payments E) Health Payments

Soru 11:

I. Raw material and supplies inventory II. Work-in-process inventory III. Finished goods inventory Which of the items above are important inventory items in manufacturing organizations?

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

Soru 12:

...................... is period expenses and recorded as an expense in the current accounting period. Which of the following should be brought to the space left above?

A) Manufacturing Cost B) Direct raw material cost C) Non-manufacturing Cost D) Direct labor cost E) Manufacturing (factory) overhead cost

Soru 13:

Which of the following statements is not true regarding labor costs?

A) Labor is classified as direct labor and indirect labor. B) Direct and indirect labor distinction depends on the employer. C) If an employee directly involved in the production of goods and services, and then that employee is considered direct labor. D) If an employee is not directly involved in the production, that employee is considered as indirect labor. E) Direct labor cost includes wages paid to direct labor.

Soru 14:

Which of the following will enable managers to identify changes in the business over time?

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

Soru 15:

Which of the followings refers to wages paid for an unproductive time caused by several ordinary and extraordinary reasons?

A) Direct labor cost B) Indirect Labor Cost C) Payment System D) Idle Time E) Overtime Work

Soru 16:

Which of the following costs should be allocated to all departments?

A) Direct manufacturing costs B) Cost of raw materials C) Cost of the responsible manager D) Cost of labor E) Cost of direct supplies

Soru 17:

Which of the followings is not one of the objectives of the strategic role of cost allocation?

A) Determine accurate departmental and product costs as a basis for the evaluation of the cost efficiency of departments and the profitability of different products. B) Motivate executives for a high level of effort to achieve the goals targeted by senior management. C) Right incentives are provided to the managers in order to make a decision consistent with the objectives of the senior management. D) Control the consumption of user departments to support services. E) Identify the fairly rewards that managers earn for their effectiveness in their decisions.

Soru 18:

In which of the following is NOT unit cost information helpful in making important marketing decisions?

A) Determining the selling price of a product B) Meeting competition C) Bidding on contracts D) Analyzing profitability E) Technological developments

Soru 19:

Which of the following methods requires the cost of service departments to be allocated to other service and operating departments depending on whether they provide services, or not?

A) Incremental cost-allocation method B) Step-down cost-allocation method C) Reciprocal cost-allocation method D) Single-rate cost allocation method E) Dual-rate cost-allocation method

Soru 20:

I. Assigning Responsibility II. Periodically Measuring and Comparing Results III. Taking Necessary Corrective Action Which of the steps above are necessary for achieving effective control?