快速查题-ACCA英国注册会计师试题

Explain what is meant by a standard hour.

Give five possible sources of information from which a standard materials price may be estimated.

Explain what is meant by a cost variance?

What would an adverse materials price variance and a favourable materials usage variance indicate and what might this be caused by?

What does an adverse variable overhead efficiency variance indicate and what might be the cause?

Explain briefly the possible causes of

(i) A favourable material usage variance

(ii) A favourable labour rate variance

(iii) An adverse sales volume contribution variance.

What is the relationship between the labour efficiency variance and the variable overhead efficiency variance? Why might the monetary value be different?

Explain the meaning and relevance of interdependence of variances when reporting to managers.

A balanced scorecard measures performance 什om four perspectives: customer satisfaction, growth, financial success and process efficiency. Briefly explain these processes.

Explain the meaning of responsibility accounting.