Accounting is fun

Ketua Unit Perakaunan KMJ ialah

• Khairun Nizam bin Ismail

• Khairun Nizam bin Ismael

• Khairul Nizam bin Ismail

• Khairul Nizam bin Ismael

In Managerial accounting, report will prepare

• periodically every six months

• periodically every year

• frequent as possible

• frequent follow the management requirements

Below are characteristics for managerial accounting information

• Timeliness

• Cost effective

• Comply to GAAP

• Accuracy

• Periodically

Planning is

• select strategy to achieved the goals

• choose best alternative after cost and revenue analysis

• setting the goals and objectives

• doing follow-up action if necessary

Controlling is

• setting goals and objectives to be achieved

• doing follow-up action if necessary

• choose best alternative after costs and revenues analysis has been made

• select strategies to achieve the goals

Decision making is

• choose best alternative after costs and revenues analysis have been made

• select strategies to achieve the goals

• setting goals and objectives to be achieved

• doing follow-up action if necessary

Indirect cost consists of manufacturing cost and non-manufacturing cost.

• True

• False

Primary costs in producing finished product is known as

• Period cost

• Product cost

• Prime cost

• Direct cost

The list below are related to Period cost except

• Non-manufacturing cost

• Indirect non-manufacturing cost

• Non-inventoriable cost

• Inventoriable cost

• Involved in manufacturing finished product

The list below are related to period cost

• Office insurance expense

• Freight-out

• CEO salary

• Plant depreciation

• Factory property taxes