Instructor: xx. xxxxx ACC3320 Accounting for Decision Making Final Exam 1. Riggs Enterprise’s flexible budget cost formula for indirect materials‚ a variable cost‚ is $0.45 per unit of output. If the company’s performance report for last month shows a $90 favorable variance for indirect materials and if 8‚700 units of output were produced last month‚ then the actual costs incurred for indirect materials for the month must have been: A. $4‚005 B. $3‚915 C. $3‚825 D. $3
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operate using a ________ strategy. Answer | | Cost leadership with a low cost | | | Differentiation with a low cost | | | Cost leadership with a high cost | | | All of the above | 1 points Question 6 1. Ben works at a top accounting firm in Salt Lake City and his responsibilities include developing reports for each salesperson‚ product‚ and part as well as departmental-wide sales reports by salesperson‚ product‚ and part. Ben’s duties provide value-added to his company and
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[pic] Department of Career & Professional Development WINTER 2012 FINAL EXAMINATION | | | | | STUDENT NAME | | STUDENT NUMBER | Taxation I CCTX 511 |Lecturer: | Larry Goldsman‚ C.A.
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Manufacturing Overhead) ‚ and the Manufacturing overhead just equals the director labor multiply by 200% ‚ the Overhead Rate. These three kind of costs added together we got the total cost‚ and the total cost divided by the each unit built‚ we get the final unit product cost‚ I think it is a rough calculating process. The result depends on the direct labor hours and regardless of any other elements‚ if direct labor dose not account for a larger portion of the product‚ the result will not be accurate.
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as total debits? (Points : 5) $34‚000 $36‚000 $70‚000 $31‚000 . (TCOs B‚ E) Why is the accrual basis of accounting preferred by GAAP? (Points : 5) The Accrual basis is easier to use. The Accrual basis is also preferred by the Internal Revenue Service. The Accrual basis complies with the revenue recognition and matching principles. The Accrual basis requires fewer accounting resources. . (TCO D) In a period of increasing prices‚ which inventory cost flow assumption will result in the
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STUDY GUIDE FOR FINAL EXAM Remember to bring a #2 pencil‚ eraser‚ non-programmable non-graphical calculator‚ a picture ID and your brain cells You an bring markers or highlighters to help you find consumer and producer surpluses for the graphs in chapters 9 and 7 The final consists of 50 multiple choice questions. Number of questions from each chapter is highlighted. BASIC RULE TO USE WHEN STUDYING: THE MORE RECENT THE MATERIAL‚ THE MORE TIME YOU SHOULD SPEND STUDYING IT Material which was
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--------------- EXAM COVER SHEET NOTE: DO NOT REMOVE this exam paper from the exam venue EXAM DETAILS Course Code: Course Description: Date of exam: BUSM1094D Intro to Organisational Behaviour Start time of exam: 13:45 Duration of exam: 10/2/2012 2hr 15min Total number of pages (Incl. this cover sheet) 2 ALLOWABLE MATERIALS AND INSTRUCTIONS TO CANDIDATES 1. 2. Write your full name and student number on each exam booklet together with the number of exam books used.
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Final Exam ADM 2336 Sections B & C Organizational Behaviour December 10‚ 2006 Professor: Jules R. Carriere‚ Ph.D. CAREFULLY READ AND FOLLOW THESE INSTRUCTIONS: 1) Answer all questions. Write your answers computer readable answer sheet and follow the marking directions. 2) Books and notes are prohibited. All calculators‚ cellular phones and dictionaries are prohibited. 3) Do not ask the professors or invigilators to interpret the exam questions. 4) Do not remove the staple. 5) Return all examination
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ACC/290 Final Examination Study Guide This study guide will prepare you for the Final Examination you will complete in Week Five. It contains practice questions‚ which are related to each week’s objectives. In addition‚ refer to each week’s readings and your student guide as study references for the Final Examination. Week One: Basic Accounting Principles and Concepts Objective: Identify the four basic financial statements. 1. Which of the four basic financial statements has three main
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IT 205 Final Exam Please use as a study guide as the test may not be the same! Grade 100% The answers in Green with a checkmark are the correct answers. 1. The fundamental set of assumptions‚ values‚ and ways of doing things‚ that has been accepted by most of a company’s members is called its: * Culture * Values * Environment * Atmosphere 2. The field that deals with behavioral issues as well as technical issues surrounding the development‚ use‚ and impact
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