ACCT 434 Slingshot Academy / acct434mart.com

1. ACCT 434 Slingshot Academy / acct434mart.com For More Tutorials www.acct434mart.com

2. ACCT 434 Slingshot Academy / acct434mart.com ACCT 434 Entire Course ACCT 434 Final Exam All 5 Sets • ACCT 434 Week 1-7 All Discussion Questions • ACCT-434 Week 1 Quiz Activity Based Costing • ACCT-434 Week 2 Master Budget Flexible Budgets • ACCT-434 Week 3 Cost Behavior Decision Making Quality ACCT-434 Week 4 Midterm Exam • ACCT-434 Week 5 Pricing Decisions Management Control Systems ACCT-434 Week 6 Customer Profitability • This Tutorial contains All 5 Sets of Final Exam, Details could be found on below mentioned links ACCT 434 Final Exam Set 1 ACCT 434 Final Exam Set 2 ACCT 434 Final Exam Set 3 ACCT 434 Final Exam Set 4 ACCT 434 Final Exam Set 5

3. ACCT 434 Slingshot Academy / acct434mart.com ACCT 434 Final Exam Set 1 ACCT 434 Final Exam Set 2 • ACC 434 Final Exam 1. (TCO 1) Evaluating customer reaction of the trade-off of giving up some features of a product for a lower price would best fit which category of management decisions under activity-based management? • 1. (TCO 1) If products are alike, then for costing purposes (Points : 5) 2. (TCO 1) Ireland Company produces a special spray nozzle. The budgetedindirect total cost of inserting the spray nozzle is $180,000. The budgeted number of nozzles to be inserted is 80,000.

4. ACCT 434 Slingshot Academy / acct434mart.com ACCT 434 Final Exam Set 3 ACCT 434 Final Exam Set 4 • ACC 434 Final Exams 1. (TCO 1) a significant limitation of activity-based costing is the (Points: 5) 2. (TCO 1) Ireland Company produces a special spray nozzle. The budgeted indirect total cost of inserting the spray nozzle is $180,000. The budgeted number of nozzles to be inserted is 80,000. What is the budgeted indirect cost allocation rate for this activity? • FINAL EXAM – D 1. (TCO 1) Evaluating customer reaction of the trade-off of giving up some features of a product for a lower price would best fit which category of management decisions under activity-based management? (Points: 5) 2. (TCO 1) Danielle Company produces a special spray nozzle

5. ACCT 434 Slingshot Academy / acct434mart.com ACCT 434 Final Exam Set 5 ACCT 434 Midterm Exam (New) • 1. (TCO 1) If products are alike, then for costing purposes (Points: 5) 1) If products are different, then for costing purposes: 1. (TCO 1) Evaluating customer reaction of the trade-off of giving up some features of a product for a lower price would best fit which category of management decisions under activity-based management? • Multiple Choice 10 9 Essay 4 Question 1. Question : (TCO 1) Which of the following is a sign that an ABC system may be useful? Question 2. Question : (TCO 1) Merriamn Company provides the following ABC costing information: Activities Total Costs Activity-cost drivers Account inquiry hours $400,000 10,000 hours Account billing lines $280,000 4,000,000 lines Account verification accounts $150,000 40,000

6. ACCT 434 Slingshot Academy / acct434mart.com ACCT 434 Week 1 Quiz (New) ACCT 434 Week 1 Quiz Activity Based Costing (Devry) • 1. Question : (TCO 1) Production-cost cross-subsidization results from Question 2. Question : (TCO 1) The allocation of indirect costs in an activity-based costing system Question 3. Question : (TCO 1) Evaluating customer reaction of the trade-off of giving up some features of a product for a lower price would best fit which category of management decisions under activity-based management? • 1. • Question : • (TCO 1) The average cost data are for In-Sync Fixtures Company's (a retailer) only two product lines, Marblette and Italian Marble.Marblette Italian Marble • Purchase volume 20,000 1,000Purchase cost per unit $50 $250Shipments received 12 12Hours used per shipment * 5 3* These data were accumulated after a careful activity analysis.

7. ACCT 434 Slingshot Academy / acct434mart.com ACCT 434 Week 1-7 All Discussion Questions (Devry) ACCT 434 Week 2 Master Budget Flexible Budgets (Devry) • Week 1 DQ1 ABC Journey • Week 1 DQ2 Workout Room • Week 2 DQ1 Flexible versus Static Budgets • Week 2 DQ2 Workout Room • Week 3 DQ1 Relevant Costs • Week 3 DQ2 Workout Room • 1. • Question : • (TCO 2) Operating budgets and financial budgets • 2. • Question : • (TCO 2) To gain the benefits of budgeting, ________ must understand and support the budget.

8. ACCT 434 Slingshot Academy / acct434mart.com ACCT 434 Week 2 Quiz (New) ACCT 434 Week 3 Cost Behavior Decision Making Quality (Devry) • 1. Question : (TCO 2) Benchmarking is Question • 2. Question : (TCO 2) To gain the benefits of budgeting, _____ must understand and support the budget. Question • 3. Question : (TCO 2) Financial budgets include the Question • 4. Question : (TCO 2) A flexible budget Question • 5. Question : (TCO 2) A favorable variance indicates that • 1. • Question : • (TCO 3) Dougherty Company employs 20 individuals. Eight employees are paid $12 per hour and the rest are salaried employees paid $3,000 a month. How would total costs of personnel be classified?

9. ACCT 434 Slingshot Academy / acct434mart.com ACCT 434 Week 3 Quiz (New) ACCT 434 Week 4 Midterm Exam (Devry) • 1. Question : (TCO 1) ABC systems create Question 2. Question : (TCO 1) Merriamn Company provides the following ABC costing information: Activities Total Costs Activity-cost drivers Account inquiry hours $400,000 10,000 hours Account billing lines $280,000 4,000,000 lines Account verification accounts $150,000 40,000 accounts Correspondence letters $ 50,000 4,000 letters • 1. • Question : • (TCO1) ABC systems create • 2. • Question : • (TCO 1) Merriamn Company provides the following ABC costing information: • Activities • Total Costs

10. ACCT 434 Slingshot Academy / acct434mart.com ACCT 434 Week 4 Quiz (New) ACCT 434 Week 5 Pricing Decisions Management Control Systems (Devry) • 1. Question : (TCO 3) Dougherty Company employs 20 individuals. Eight employees are paid $12 per hour and the rest are salaried employees paid $3,000 a month. How would total costs of personnel be classified? Question 2. Question : (TCO 3) For January, the cost components of a picture frame include $0.35 for the glass, $0.65 for the wooden frame, and $0.80 for assembly. • 1.Question : • (TCO 7) Major influences of competitors, costs, and customers on pricing decisions are factors of • 2.Question : • (TCO 7) The first step in implementing target pricing and target costing is • 3.Question : • (TCO 7) The markup percentage is usually higher if the cost base used is

11. ACCT 434 Slingshot Academy / acct434mart.com ACCT 434 Week 5 Quiz (New) ACCT 434 Week 6 Customer Profitability Capital Budgeting (Devry) • Question 1. Question : (TCO 7) When companies do not want to use market prices or find it too costly, they typically use _____ prices, even though suboptimal decisions may occur. • Question 2. Question : (TCO 7) The price of movie tickets for opening day and the few days following compared to the price 6 months later is an example of Question • 1.Question : • (TCO 9) To guide cost allocation decisions,the benefits-received criterion • 2.Question : • (TCO 9) A challenge to using cost-benefit criteria for allocating costs isthat • 3.Question : • (TCO 9) The MOST likely reason for NOT allocating corporate costs todivisions include that

12. ACCT 434 Slingshot Academy / acct434mart.com ACCT 434 Week 6 Quiz (New) ACCT 434 Week 7 Quality Control Inventory Management (Devry) • 1. Question : (TCO 9) To guide cost allocation decisions, the benefits-received criterion Question • 2. Question : (TCO 9) Which cost-allocation criterion is superior when making an economic decision? Question • 3. Question : (TCO 9) The MOST likely reason for allocating all corporate costs to divisions include that Question • 1.Question : • (TCO 11)The four cost categories in a cost of quality program are • 2.Question : • (TCO 11) ________ is a formal means ofdistinguishing between random and nonrandom variation in an operatingprocess. • 3.Question : • (TCO 11) Which of the following is NOT one of the steps in managingbottlenecks under the theory of constraints?

13. ACCT 434 Slingshot Academy / acct434mart.com ACCT 434 Week 7 Quiz (New) • 1. Question : (TCO 11) Nonfinancial measures for internal quality performance include all but which of the following? Question • 2. Question : (TCO 11) Which of the following is NOT a nonfinancial performance measure for customer satisfaction? • Question 3. Question : (TCO 11) Which of the following is NOT one of the three main measurements in the theory of constraints?

14. ACCT 434 Slingshot Academy / acct434mart.com For More Tutorials www.acct434mart.com