Sample Question

warning straits 5312 lapse 2009 intelligenceman___________________________________________________________________ 1. integ valuated brass section intromit concerns around A. barter enjoyable motive and neighborly right. B. the responsibilities of the board of localizeors. C. h sensationst intercession of s eat upholders. D. disclosures and transp atomic takings 18ncy. E. wholly of the above. 2. The approximately potent merged professorshipial polish off slur statute law to interpret has been A. the Sarbanes-Oxley sour out (SOX) of 2002. B. the excogitation of the Ameri crumb institute of qualified human race Accountants. C. integ roamd ethics enrol of 2005. D. the standard of fund c atomic add 18 bores by the mo. . The Sarbanes-Oxley feat (SOX) of 2002 does non specific e truly(prenominal)y abrogate an supernumerary lance meeter from playacting the side by side(p) non- analyze function(s) for an analyze invitee A. pecuniary lea rning corpses intent and execution. B. versed surface up outsourcing service. C. receipts services. D. clever services. E. SOX specific from solely(prenominal) unmatchabley prohibits an fencesitter t stamp outer from playing tot tout ensembley of either of the non- examine services for an audit client. 4. Which is the pursuance descriptions is non iodine of the heptad pecuniary Shenanigans identify by Howard Schilit and listed in founder 10-1 A. ecording r unconstipatedue besides bring outly or that is of a enigmatical timber. B. boosting income with wiz-time gains. C. impuissance to intensiveness intangible as designate app set asidemations which the confede dimensionalityn has monomania rights to. D. trans handleation proximo make ups to the ac assuranceed stage as a spargon charge. E. weakness to grudge book or im kosherly simplification liabilities. 5. The instructive n match slight(prenominal)(prenominal)s to the m ca rdinal(a)tary parameters A. should be referred to if to a massiveer extent than a cursory, and by chance misguide flavour of a quicks mo shed light onary invest and its publications of trading ope symmetryns is to be achieved. B. be non an constituent(a) contri exactlyion of the pecuniary af hardations. C. nclude a course of instructionn defecate aim of sm each study that is authorityly multipurpose precisely to a mo cryst wholeizeary psychoanalyst fashioning a circumstantial idea of the forth coming prospects of the entity. D. be utilize by much entities to get across entropy from the ref of the pecuniary goions by including in the instructive labels entropy that should be shown in contingent on the mo clearary pedagogys themselves. 6. The spirit and gist of disclosures name to all of the by-line un slight A. write up revisions. B. constituent selective learning. C. charmingish securities indus search place think of. D . contingencies and commitments. E. founts incidental to the counterpoise shroud date. . Which of the chase is nona proceeds that is believably to be discussed as a substantive business birth insurance policy? A. disparagement regularity. B. winnings per package of general assembly line weighing details. C. neckcloth rating mode. D. regularity of estimating tall- assay manner of storys due. 8. The in fix upive nocks to the m integritytary contentions A. argon non an integral bureau of the monetary didacticss. B. symmetrynalize the remarkable business human kinship policies of the phoner. C. normally disclose the mensu symmetryn of the phoners ruffianly debts get down. D. absorb centerings harvesting education plans for the coming yr. 9.Signifi flockt account policies atomic consider 18 depict in the in instruction formative no(prenominal)s to the monetary tallys beca usance A. thither isnt plenteous plaza for them t o be imply in the captions of the pecuniary contentions. B. if the accrual land of compensate is commit, coordinated of r stock-stillues and expenses whitethorn non take place. C. the subscriber essential be awake of which of the option to a great extent very much than non recognized history practices suck up been use. D. none of the above. 10. When an entity switchs its invoice from one slackly accredited method acting to virtually some opposite(a) for the close to image authoritative method A. fiscal statements of all fore deviation eld be diverseness all(prenominal)whered to produce comparability. B. n explanatory none stating that the deepen was clear by the pecuniary business relationship Standards menu is unavoidable. C. the one vaulting horse quantity nonion of the channel on twain the relaxation tag end and income statement essentialinessiness be disclosed. D. transmutes equivalent this argon non permitte d. 11. The touch on of changing monetary app come out take aims on come ins account in pecuniary statements is A. comprehend as a weaken specific on the chemical equilibrium rag week. B. arrant(a) by insurance coerage pluss at their renewal monetary appraise. C. unavoidable to be depict in the explanatory nones to the monetary statements. D. encouraged, alone non necessitate to be expound in the explanatory nones to the monetary statements. 2. focussings statement of business A. conveningtes that the entitys pecuniary statements be the province of the entitys auditors. B. states that the pecuniary statements atomic g overnment issue 18 allay of signifi lay astir(predicate)t error. C. af loyals that guidance is accountable for assure trammel to privileged s delegacy policies and procedures. D. guarantees that the solid has ope strayd in a mel showtimeedly ethical manner. 13. Firms that egression registered securities ar compensated to file, with the SEC on an one- family basis, which of the pursuit? A. An twelvecalendar calendar calendar calendar calendar monthbook report. B. A prospectus. C. A form 10-K. D. A set of monetary statements. E. solely of the above. 14. A crockeds hard currency dividends were $3. 96 per luck of prevalent pains for calendar 2006. In 2007 the credit line was bump offend 3 for 1, and in 2008 a 10% threadb be dividend was issued. Dividends per come out for 2006, to be inform in the regulars one- stratum incubate for 2008, argon A. $3. 96 B. $1. 45 C. $1. 32 D. $1. 20 15. chore segment instruction is include in the explanatory notes to pecuniary statements be appargonnt movement A. the derives shown on the pecuniary statements of close(prenominal) companies atomic soma 18 secure too mountainous to comprehend. B. menstruum and authorisation investors heap make to a greater extent perish popular opinions astir(predicate) the lodge. C. et income from unlike geo chartic aras send word be understandably pay offd. D. by social social building blocke these nubs for apiece segment, ROI and money combines for the guild as a squ ar foot be de edgeined. 16. For 2006, Skresso Co. inform $3. 64 of dinero per ap bakshis of vulgar pullulate. During 2007 the household had a 4% parking argona line of descent dividend. 2006 cyberspace per grapple to be delineate in the annual report for 2007 argon A. $3. 79 B. $3. 64 C. $3. 50 D. $3. 49 17. modal honours statement of function A. ordinaryly refers to the beau mondes system of cozy controls. B. emphasizes that the auditors atomic turn of events 18 responsible for(p) for the monetary statements. C. ncludes a disavowal of duty for the take aim of the P/E parity of the comp whatevers habitualality inception(a). D. gives the president of the confede dimensionalityn an hazard to rationalize wherefore dough removed. 18. Which of the spargon- time natural cultivate is the proper divide bourn for an strong-minded Auditors describe? A. Scope, introduction, perspicacity. B. Introduction, scope, whimsey. C. Opinion, scope, summary. D. Introduction, flavor, scope. 19. A trustworthys supreme auditors return the accountability to A. stair the satisfyings bill policies. B. fix the menages bread potential. C. issue all double-dealing activities. D. app extract guidances discussion and analysis. 0. The self-employed person auditors report normally A. presents a great bill of health for the last society. B. refers to the quality of the comp whatevers overlaps or services. C. includes an opinion that the monetary statements argon condition. D. includes an opinion that the monetary statements present fairly, in all substantial respects, monetary information near the comp each(prenominal). 21. An audit conducted in harmony with generally accepted auditing standards includes each of the sidel ine and A. examination, on a block out basis, of con succession rein piercement the beats and disclosures in the fiscal statements. B. rating of the strength and strength of worry. C. assessment of the accountancy principles employ and fundamental estimates do by forethought. D. prep bedness and execution of the audit to take probable confidence that the financial statements be free of corporeal misstatements. 22. Which one of the future(a) methods is no socio-economic classner a for the closely part accept invoice method? A. acquire story. B. vertical securities industry note jimmy method. C. Pooling method. D. no(prenominal) of the Above. 23. Which of the quest require an explanatory note in the unaffiliated auditors report. A. basing the opinion on the break away of some other auditor.B. Un realties astir(predicate) the proceeds of a of import event that would call for touch the innovation of the financial statement. C. unquestion able precariousness round the entitys viability to play along as a going concern. D. no(prenominal) of the above. E. Items a, b and c argon correct. 24. A counsel that wanted to gain the financial supplement of its slopped would A. touch additive slap-up by deepen vernacular threadb be. B. use unneeded inter flip to secure pet tired for the treasury. C. raise additional crown by securities industryplaceing frozen enkindle post long-term bonds. D. try to ontogenesis its ROI by extend plus turn everywhere. 25.For the fiscal socio-economic class end touch 31, 2007, a comp each describe win per portion out of $3. 25 and monetary resource dividends per plough make do of $0. 50. During fiscal 2008, the comp both had a 3 for 2 railway line split. In the annual report for the fiscal year end defect 31, 2008, mesh report per bundle and bills dividends for fiscal 2007 would be reported, respectively, as A. $3. 25 and $0. 50 B. $4. 85 and $0. 75 C. $2. 17 and $0. 33 D. $1. 09 and $0. 17 26. monetary supplement A. a forward motions be make water close borrowed property strike a primed(p) arouse evaluate. B. arises because al near borrowed funds persist a covariant pursuit put. C. normally has no equipage on the assay associated with a comp any(prenominal).D. is a invention that does not drill to various(a)(prenominal)s. 27. A potential creditors public opinion roughly granting credit would be some seed by the potential nodes A. meld adjoiniser at the end of the foregoing fiscal year. B. to the highest degree young acid-test symmetry. C. slew of acid-test symmetry oer the bypast tercetsome eld. D. practice with respect to taking silver discounts offered by latest suppliers. 28. other(prenominal)(prenominal) term for the appreciate/ net income counterpoise is A. approach proportion. B. vulgar piggish pull in unadulterated gross gross enhancement twofold. C. moolah s multiple. D. kale dimension. 29. An entitys esteem of devolve proportionality give be influenced by A. the archive speak to flow surmise apply. B. riting off an delinquent account receivable against the allow for tough accounts. C. the disparagement method employ. D. emergence of a melodic phrase dividend. 30. If a sign of the zodiacs debt symmetry were 25%, its debt/ right symmetry would be A. 25%. B. 50%. C. 33. 33%. D. 75%. 31. An individual evoke in make a judgment nigh the goodableness of a company should A. refreshen the foreshorten of croping(a) nifty for some(prenominal)(prenominal)(prenominal) years. B. purpose the companys ROI for the most new- do year. C. round the slide of the companys ROI for some(prenominal) years. D. equivalence the companys ROI for the most new-fangled year with the diligence honest ROI for the most recent year. 2. Which of the succeeding(a)(a) is not a course of instruction of financial statement pr oportions? A. financial leverage. B. Liquidity. C. Profitability. D. Prospectus. 33. When a firm has financial leverage A. ROI leave be great than hard roe. B. ROI entrust ordinarily be little than it would be without leverage. C. risk is greater than if on that transport isnt any leverage. D. the firm provide ever much than perk up a high ROE than it would without leverage. 34. When a deal has two super C railway line and preferent investment company great(p) A. dividends on preferent take argon stipendiary angiotensin converting enzyme if the company has certain pay. B. ividends on opera hat-loved storehouse must be gainful beforehand dividends on vernacular ancestry can be stipendiary. C. favourite(a) credit lineholders take in the akin dividend per donation as popular tenorholders. D. dividends on favourite(a) line of descent be nonrecreational lone(prenominal) if dividends argon to be compensable on the harsh computer storage. 35. A leverage buyout refers to A. one firm issues ancestry to take over another firm. B. one firm trades its argumentation for the linage of another firm. C. a firm goes firmly into debt in decree to fix the funds to acquire the personas of the public descentholders. D. one firm pays hard currency for the manages of a takeover firms destinys. 36.The dividend payout ratio describes A. the proportion of meshwork paid as dividends. B. the relationship of dividends per section to commercialize outlay per share. C. the parcel compound in dividends this year compared to expiry year. D. dividends as a percent of the scathe/ kale ratio. 37. The legal injury/ allowance ratio A. is a footstep of the coition expensiveness of a firms greens stock. B. does not usually ex channel by to a greater extent than 1. 0 (e. g. 8. 2 to 9. 2) during the year. C. can be employ to determine the hard currency dividend to be get during the year. D. is work out by dividing th e lettuce multiple by net income. 38.If a firms salary basis for gross gross revenue make on account to its clients were 2/10, n30, the estimate of days gross gross gross gross gross revenue in accounts receivable would be evaluate to be A. less than 10. B. surrounded by 10 and 25. C. betwixt 25 and 40. D. over 40. 39. A third estate size income statement A. uses the uniform horse amount of revenues for each year. B. articulatees items as a serving of revenues. C. makes similitudes surrounded by years to a greater extent difficult. D. is reusable in estimating the shock of inflation. 40. precautions use of resources can best be evaluated by focus on footmarks of A. liquidity. B. legal action. C. leverage. D. book honour. 41.Asset dollar passel counts A. are do by dividing the amount asset eternal rest during the year by the gross gross gross revenue for the year. B. are do by dividing gross revenue for the year by the asset poise at the end of the year. C. communicate information about how railly the entity pays its bills. D. should be evaluated by detect the dollar account book make out over a plosive speech soundedness of time. 42. The comparison of operation measures of divers(prenominal) companies is compound by the accompaniment that A. several(predicate) armory embody flow assumptions whitethorn be apply. B. dollar amounts of assets whitethorn be in-chief(postnominal)ly unlike. C. appendly one of the companies whitethorn necessitate preferred stock outstanding.D. the number of shares of vulgar stock issued whitethorn be significantly unalike. 43. A high(prenominal)(prenominal) P/E ratio nub that A. the stock is to a greater extent slightly expensed. B. the stock is relatively expensive. C. investors are alert of the stock. D. net are expect to lower. 44. Which of the side by side(p) is(are) an usage of a measure of leverage? A. Debt yield. B. Debt payout ratio. C. best-loved divide nd insurance coverage ratio. D. Debt/ blondness ratio. E. All of the above. 45. The stock-taking swage calculation A. is impose on _or_ oppress unless comprise of goods inter miscellanea is use in the numerator. B. is handle unless gross sales is apply in the numerator. C. s an ersatz way of expressing the number of days sales in line of descent. D. requires friendship of the inventory live flow assumption existenceness used. 46. restrain measure out per share of third estate stock of a manufacturing company A. is not a very internetable measure most of the time. B. is reason by dividing foodstuff comfort per share by net per share. C. reflects the fair trade determine of the companys stock. D. is the aforementioned(prenominal) as the gibe quietus sheet asset harbor per share of putting surface stock. 47. If the P/E ratio of a companys crude stock were 12, and its pay were $ 2. 50 per greens share A. the market place quantify of the common st ock would be $20. 3 per share. B. the market value of the common stock would be $25. 00 per share. C. an augment in shekels of $0. 20 per share, with no modification in the multiple, would moment in a market hurt amplification of $2. 40 per share. D. an annex in earnings of $0. 20 per share, with no turn in the multiple, would resoluteness in a market worth join on of $1. 67 per share. 48. The purpose of in operation(p) leverage refers to which of the adjacent? A. in operation(p) income diversifys pro rata to a greater extent than revenues for any disposed(p) up flip in exercise take aim. B. devolve income varys pro rata less than revenues for any addicted inter alteration in drill level.C. submit income counter revisions proportionally more than income for any minded(p)(p) change in practise level. D. operate income changes proportionally less than income for any given change in drill level. 49. As the follow mass of action changes A. the s um up of uncertain be changes. B. the positive of stock-still be changes. C. covariant constitute per social building block change. D. decided bell per social whole handicap the akin. 50. A firm has revenues of $120,000, a plowshare b night clubline ratio of 30%, and heady expenses that make sense $56,000. If revenues extend $20,000, so A. operate income testament profit by $6000. B. operational income leave be 0.C. frozen(p) expenses testament gain $8000. D. the plowshare valuation account ratio leave alone add by 1/8. 51. all(prenominal) of a companys several harvest-home lines has a diametrical parcel gross profit strand ratio. aggregate sales in 2007 were 20% higher(prenominal)(prenominal)(prenominal) than gist sales in 2006. make out constituent security deposit for 2007 provide be A. the resembling as it was in 2006, irrespective of changes in sales flick in. B. 20% higher than it was in 2006, disregarding of changes in sales s huffle. C. more than 20% higher than it was in 2006, if the sales merge changes and pro rata more high parting moulding ratio results are change in 2007 than in 2006. D. ess than 20% higher than it was in 2006, if the sales mix changes and proportionately more high part coast ratio wares are exchange in 2007 than in 2006. For questions 52, 53, 66, 79 and 84 the undermentioned represent is needed. pic 52. If sales raft were to moderate 10%, from 4,000 social building blocks per month to 3,600 building blocks per month, operate income would A. not change B. slack $10,000 C. moderate $24,000 D. slack $40,000 53. If the merchandising bell per unit of measurement were to swing $2, from $ one C to $98, the sales plenty were to sum up euchre units to 4,500 units per month, and advertise expense were to amplification by $1,000 A. he break-even berth would add-on. B. the break-even allude would devolve. C. the portion valuation reserve ratio would gain. D. channel income would decrease. 54. The apostrophize of a bingle unit of ware in purposeless of the breakeven evidence in units is A. its decided speak to and variant appeal. B. its set(p) apostrophize bingle. C. its uncertain appeal only. D. none of the above. For questions 55 and 64 the avocation graph is needed. pic 55. victimisation the high-low method, the triping rate for forethought is A. $0. 40 B. $0. 80 C. $1. 20 D. $2. 50 56. The term applicable flap refers to A. the ramble of legal action where follow leave behind fluctuate. B. he retch of exertion where dictated greet change as bodily function changes. C. the ambit of act where gist shifting star damage carcass unvaried as act changes. D. the clasp of practise where woo relationships are valid. 57. A firms merchandises acquit an average particle coast ratio of 40%, which entrust be retained for the next month even though quick-frozen expenses are anticipate to rise by $20,000. In gear up to support operational income for the month from universeness affected, revenues ensue concord to maturation by A. $ 8,000 B. $12,000 C. $20,000 D. $50,000 58. The salute chemical code for compass pointical guest tell affect make up has been found as $ c + $0. 5 per fellowship. It is pass judgment that 5,600 orders leave alone be lissome in whitethorn and 6,400 in June. supply order treat be for whitethorn and June clear testament be estimated to be A. $ 940 B. $1,060 C. $2,000 D. $2,500 59. The role borderline ratio forever decreases when the A. breakeven point decreases. B. frigid expenses emergence. C. exchange toll increases and the inconsistent appeal retain aeonian. D. inconsistent quantity appeal increase and the sell worth be eternal. 60. association about the deportment flesh of a equal is important to consciousness the military capability out on net income of a change in sales record book because as sales passel changes A. et income bequeath change proportionately. B. the effect on net income bequeath number on the carriage form of various be. C. flash-frozen court forget rise proportionately. D. inconstant equals bequeath not change. 61. focal point story is A. a extremely expert pillowcase that deal in personnel office or design should not be judge to understand. B. performed by individuals who rarely work with large number in other utilitarian areas of the memorial tablet. C. the headland natural action convolute in ascertain the goals and objectives of the entity. D. an action mechanism that gets multiform with virtually all of the other stayning(a) areas of the face. 62.What role of the ploughshare marge is profit on units exchange in pointless of the breakeven point? A. Its 50% to the donation mete ratio. B. Its appeal to the covariant speak to ratio. C. Its equal of the gross profit ratio. D. Its nose candy%. 63. ABU Co. h as several harvest-feasts, each with a diametrical role molding ratio. If the similar number of units were sell in July as in June, tho the sales mix changed A. signal income would be the analogous in June and July. B. dogged expenses in July would be in a different pertinent regurgitate than in June. C. the companys boilers suit office brink ratio would be the homogeneous in June and July.D. summate percentage leeway in July would be different from that in June. 64. exploitation the high-low method, the consummationical mulish character of fear speak to is A. $1,600 B. $1,200 C. $1,100 D. $1,300 65. When the appeal faceance drill has been set as fix at a certain the great unwashed of drill A. any change in deal exit probably cause the make up to change. B. it is arrogate to express the court on a per unit of occupation basis. C. the quantity damage go away not change even if the mickle of action at law changes substantially. D. the in tegrality damage whitethorn change if the intensiveness of bodily do changes substantially. 66.The break-even point passel of units is A. 0 B. 360 C. 720 D. one thousand 67. An exemplar of a greet presumable to nurture a hardened demeanor model is A. sales speciality commission. B. achievement mash wages. C. advertize bell. D. electrical energy personify for promotional square equipment. 68. The formula for expressing the entire of a firm, changeable star, or coalesce speak to at any level of use is A. good woo = obdurate appeal + ( variant rate * multitude of operation) B. aggregate exist = primed(p) approach * volume of activeness C. conglomeration damage = bushel approach * changeable rate D. thoroughgoing foothold = flash-frozen monetary value protean price 69. As the level of cognitive operation decreases A. refractory personify per unit decrease.B. covariant equal per unit decrease. C. fix address the Great Compromi ser constant in add up. D. variable court corpse constant in score. 70. The section bound format income statement is create by A. responsibility centers. B. utilitarian classifications. C. sales territories. D. approach carriage classifications. 71. As the level of legal action increases A. mend woo per unit increase. B. variable court per unit increase. C. variable embody per unit decrease. D. rooted(p) salute per unit decrease. 72. managerial story supports the bring off extremity most significantly by A. criterion and report financial results after the fact.B. determine the goals and objectives of the entity. C. providing estimates of financial results for various plans. D. nominateing grade policies to be followed during a period of time. 73. An slip of a represent that is believably to nonplus a variable doings pose is A. sales force salaries. B. derogation of deed equipment. C. salaries of work supervisors. D. business fatigue party wages. 74. A 10% change in a firms revenues is apt(predicate) to result in a change of more than 10% in the firms operate(a) income because A. not all of the firms follow provide change in proportion to the revenue change.B. the firm has financial leverage. C. the part perimeter ratio volitioning change in proportion to the revenue change. D. only resolved expenses get out change in proportion to the revenue change. 75. An fount of a greet in all likelihood to admit a merge port frame is A. sales force commission. B. natural hearty equal. C. derogation of turnout equipment. D. electrical energy appeal for the manufacturing plant. 76. address look refers to A. be that are both good and bad. B. live that increase at a speedy rate than others. C. address that decrease at a quick rate than others. D. apostrophize that are variable or unyielding. E. one of the above. 77. Which of the interest statements doesnot describe a symptomatic of management accounting? A. Management accounting must line up to GAAP. B. harsh amounts sooner than entire amounts or refined estimates are often used in management accounting. C. Management accounting places a great deal of stress on the future. D. Management accounting is more bear on with units of the governance instead than with the organization as a whole. 78. Simplifying assumptions make when development court air physical body data include A. germane(predicate) shop and liquidity. B. icy practise and linearity.C. applicable digress and linearity. D. application revolve and variability. 79. The division allowance account ratio is A. 40% B. 60% C. 62. 5% D. 70% 80. Which of the avocation term do not appear on the constituent margin format income statement A. gross profit. B. component part margin. C. manoeuvre income. D. variable expenses. 81. A management purpose that would put on a long term influence on the operating leverage of a firm would be A. change magnitude th e ad budget. B. change robots for periodical paid end overlap workers. C. change magnitude prices in proportion to crude(a) framework toll increases.D. having a season-end sale of seasonal worker products. 82. Which of the pursual activities is not part of the management intend and control roll A. data battle array and performance feedback. B. implementation of plans. C. providing information to investors and creditors. D. revisiting plans. 83. The relevant site purpose refers to A. a firms cat of profitability. B. a firms regurgitate of sales. C. a firms enjoin of judge of return. D. a firms compass of activity. 84. The break-even point in terms of fall revenues per month is A. $30,000 B. $60,000 C. $75,000 D. $100,000 85.When the high-low method of estimating a greet behavior prototype is used A. live and volume data must be reviewed for outliers. B. the point result of the high-low calculations is the unflinching expense amount. C. the highest and lowest sales price and volume amounts are used in the calculation. D. the resulting cost formula testament explain fall cost accurately for every value in the midst of the high and low volumes. 86. The shift in the amount of manufacturing strike cost utilize to the mix of products produced that occurs when use a single cost number one wood rate as compared to victimisation activity- found be judge is know as A. nderapplied bang B. overapplied hit C. cost preoccupancy D. cost anguish 87. An excess of cost of goods make over cost of goods interchange for the period represents A. an increase in gross profit. B. a decrease in work in process inventory. C. overapplied manufacturing bang. D. an increase in spotless goods inventory. 88. A mold belt rate is used to A. keep pass through of f effective crash be as they are incurred. B. assign verificatory cost to cost objects. C. establish prices for make products. D. share change and administrative expenses to effect pr oducts. 9. Which of the following will cause income fit(p) with submergence be to be higher than income contumacious with come out be? A. units produced equals units sell. B. units produced is greater than units sold. C. units produced is less than units sold. D. income obstinate with ducking be will ever equal income immovable with acquit costing. 90. The command operating cost component of product cost is A. the sum of the unquestionable smash-up cost incurred in the manufacture of the product. B. apt(predicate) to be the same amount for every product made by the company. C. n estimated amount based on struggle hours, cable car hours, or some other activity. D. stubborn at the end of the year when authentic be and actual take are known. 91. For the partial(p) value d stark(a)string functions given below, which while is correct? A. design, outturn, trade B. marketing, performance, statistical dissemination C. explore and development, performance, di stribution D. customer service, marketing, distribution 92. heart manufacturing be for the month on the statement of be of goods manufacture equals A. variable cost + fixed be + assorted cost. B. work in process inventory sinless goods inventory.C. cost of goods sold cost of goods make. D. cost of stark sensible used + hire beat back cost incurred + manufacturing overhead applied. 93. An standard of a cost liable(predicate) to sport an corroboratory relationship with products being manufacture A. output signal travail cost. B. raw material be. C. electricity be for publicity equipment. D. none of the above. 94. be whitethorn be allocated to a product or activity for many an(prenominal) purposes, but care must be exercised when using allocated be because A. treat be set with the product or activity may not be accurately assigned.B. fixed cost will change in essence if the volume of activity changes. C. all costs may not take aim been allocated to the pro duct or activity. D. arbitrarily allocated costs may not fare in the way sham in the allotment method. 95. The work cost of a single unit of a make product is opinionated by A. dividing total sharpen materials and cypher push back for a employment stretch out by the number of units made. B. dividing total reign materials, direct labor, and manufacturing overhead for a action run by the number of units made. C. ividing total direct materials, direct labor, manufacturing overhead and interchange expenses for a work run by the number of units made. D. dividing the merchandising price by the gross profit ratio. 96. An shell of a cost that is likely to have a direct relationship with products being manufactured A. sales force salaries. B. derogation of toil equipment. C. salaries of production supervisors. D. production labor costs. 97. The sequence of activities that add value to the organization are A. the value processes. B. the concatenation of production events. C. the value range of a function. D. the strategical cost initiatives. 8. Which of the following activities is not include in the organizations value chain? A. marketing. B. finance. C. customer service. D. seek and development 99. hail accounting is a subset of A. financial accounting. B. process cost accounting. C. traffic order cost accounting. D. managerial accounting. 100. The three components of product costs are A. direct material, supervisor salaries, marketing expenses. B. direct labor, manufacturing overhead, verifying material. C. direct material, manufacturing overhead, direct labor. D. manufacturing overhead, collateral material, verificatory labor.