快速查题-ACCA英国注册会计师试题

Pliant pic produces cars and motorbikes. The company is split into four different divisions:

Car sales division - this department's manager has been given responsibility for selling the cars, as well as keeping control of the division's costs.

Motorbike sales division - this department's manager has been given responsibility for selling the motorbikes as well as controlling divisional costs. In addition, he has been told to plan what assets he should purchase for the coming year.

Manufacturing division - this division makes the cars and bikes and passes them to the finishing division. The divisional manager is only responsible for controlling the division's costs.

Finishing division - this division tests the cars and cleans them ready to be sold. They transfer the goods to the sales divisions and charge the sales divisions a set price, which is set by the finishing division's manager. The manager is also responsible for managing the division’s costs as well as the investment in divisional assets.Are these centres being operated as a cost, profit or investment centre?

Division                             Cost centre                 Profit centre              Investment centre

Car sales   

Motorbike sales   

Manufacturing   

Finishing   

Gilbert pic is a furniture manufacturer. How would he classify the following costs?

Cost                                                            Fixed                           Variable                      Semi-variable

Director’s salary   

Wood   

Rent of factory   

Phone bill - includes a line rental   

Factory workers wage   

Bytes Limited operates an IT consultancy business and uses a coding system for its elements of cost (materials, labour or overheads) and then further classifies each element by nature (direct or indirect cost):

Element of cost                               Code                   Nature of cost                         Code

Materials                                            A                            Direct                                 100  

Indirect                                                                                                                        200

Labour                                                B                            Direct                                100  

Indirect                                                                                                                        200

Overheads                                          C                           Direct                                 100  

Indirect                                                                                                                        200

What would the codes be for the following costs?

                                                                                       Cost                        Code

Salary of trainee IT consultant 

Planning costs to renew lease of the office 

Wages of the office manager 

Cleaning materials used by cleaner 

How would a clothes retailer classify the following costs?

Cost                                                         Materials                 Labour              Expenses

Designer skirts   

Heating costs   

Depreciation of fixtures and fittings   

Cashier staff salaries   

Which of the following relates to management accounts and which to financial accounts?

                                                        Management accounts                        Financial accounts

Prepared yearly  

For internal use  

Contains future information  

 In which ways do management accountants helps manager of a business? 

                                                  YES                           NO

Control  

Plan 

Co-ordinate  

Make decisions 

Motivate  

Which of the following are primary sources of data and which are secondary sources of data? 

                                                                                                                                     Primary                Secondary

Data collected outside a polling station regarding voters choices  

An internet search for the cheapest fuel available in the area  

Government statistics on the levels of unemployment  

Data collected by observation on the number of cars flowing through a junction

during peak travel hours  

A pie chart is being produced to represent the sales from different regional offices of a

business:                                                                                                                                                        $000

North                                                                                                                                                              125

North West                                                                                                                                                     180

East                                                                                                                                                                241

South                                                                                                                                                              691

South East                                                                                                                                                      147

Total                                                                                                                                                                1,384

What would be the angle of the East divisions section on the pie chart (to the nearest whole degree)?         O

Referring to the graph which statements are true and which are false?

                                                                                                       True                        False

Area 3 shows the best performance in Q3  

Area 2 sales are consistent quarter on quarter  

Q4 has the largest volume of sales across all areas  

Area 1 shows the best performance in Q2  

When gathering information on a potential client you can use both internal sources of information and external sources of information.Which TWO of the following would be classified as internally generated information?