Ly thuyet

Q1. which of the following is not a financial information?

• Canteen staff cost

• Cost of head and light

• Canteen facilities

• Cost of subsidizing meals

Q3. A business manager needs?

• None of the above

• A combination of financial and non-financial information

• Non-financial information only

• Financial information only

Q4. Which of the following costs would NOT be the concern of the supervisor of a production department?

• Maintenance cost for machine

• Labor cost

• Lease payments on a machine

• Material cost

Q14.Which statement as follow is the best describe about overtime premium?

• C. Overtime premium is the basic rate which is paid for overtime hours

• D. Overtime premium is the extra rate per hour which is paid for specific job

• B.Overtime premium is the extra rate per hour which is paid, not the whole of the payment for overtime hours

• A. Overtime premium is the whole of the payments for overtime hours

Q15. Overtime premium paid for direct worker in general overtime is classified as

• A. Prime cost

• B. Direct cost

• D. Variable cost

• C. Indirect cost

Q17.Overheads related to more than one cost centre should be

• A. Absorbed

• B. Re-apportioned

• D. Allocated

• C. Apportioned

Q21. What is one of principles of marginal costing?

• C. Fixed costs are not the same at different levels of activity

• D. Variable costs per unit are not the same at different levels of activity

• A. Period fixed costs are the same, for any volume of sales and production

• B. Period variable costs are the same, for any volume of sales and production

Q24. In a process account, how are abnormal gains valued?

• D. The same as normal losses

• B. The same as good production

• A. At their scrap value

• C. At the cost of raw materials

Q25. Which statement about equivalent units is true?

• A. Equivalent units are notional part units which represent incompleted work

• B. Equivalent units are notional part units which represent completed work

• C. Equivalent units are notional whole units which represent incompleted work

• D. Equivalent units are notional whole units which represent completed work

Q30. Which line-up as follows is suitable for a product life cycle?

• A. Introduction, Decline, Maturity, Growth

• B. Introduction, Decline, Growth, Maturity

• C. Introduction, Growth, Maturity, Decline

• D. Introduction, Growth, Decline, Maturity