快速查题-ACCA英国注册会计师试题

What might the base and incremental packages for a personnel department cover? 

Fill in the gaps. 

A flexible budget is a budget which, by recognising ………………., is designed to ………………. as the level of activity changes.  

What are the three steps of ZBB? 

Briefly outline THREE advantages that may be claimed for the use of activity based budgeting rather than a traditional incremental budgeting system. 

 A company is launching a new product. In order to manufacture this new product, two types of labour are required. The new product required 5 hours of skilled labour and 5 hours of semi skilled. 

A skilled employee is available and is currently paid $10 per hour. A replacement would, however, have to be obtained at a rate of $9 per hour for the work that would otherwise be done by the skilled employee. The current rate for semi skilled workers is $5 per hour and an additional employee would be appointed for this work. 

What is the relevant cost of labour to be used in making one unit of the new product? 

This objective test question contains a question type which will only appear in a computer-based exam, but this question provides valuable practice for all students whichever version of the exam they are taking. 

In a make or buy decision which FOUR of the following are to be correctly included in the considerations? Select all that apply. 

(i) The amount of re-allocated rent costs caused by using the production space differently.

 (ii) The variable costs of purchase from the new supplier. 

(iii) The amount of the bribe from the potential new supplier. 

(iv) The level of discount available from the new supplier. 

(v) The redundancy payments to the supervisor of the product in question. 

(vi) The saved labour costs of the production staff re-directed to other work. 

(vii) The materials no longer bought to manufacture the product. 

This objective test question contains a question type which will only appear in a computer-based exam, but this question provides valuable practice for all students whichever version of the exam they are taking. 

While a drag and drop style question is impossible to fully replicate within a paper based medium, some questions of this style have been included for completeness.

 Ace Limited is considering whether or not to cease production of leather-bound diaries.   

Which of the following items are valid factors to consider in this decision?

  The diaries made a loss in the year just passed

  The diaries made a positive contribution in the year just passed

  The market outlook in the long term looks very poor

  The budget for next year shows a loss

  The business also sells pens and many diary buyers will often also buy a pen

  The business was founded to produce and sell diaries 

Drag and drop the correct factors in the box below: 

An information technology consultancy firm has been asked to do an urgent job by a client, for which a price of $2,500 has been offered. The job would require the following. 

(a) 30 hours' work from one member of staff, who is paid on an hourly basis, at a rate of $20 per hour, but who would normally be employed on work for clients where the charge-out rate is $45 per hour. No other member of staff is able to do the member of staff in question's work. 

(b) The use of five hours of mainframe computer time, which the firm normally charges out to external users at a rate of $50 per hour. Mainframe computer time is currently used 24 hours a day, seven days a week. 

(c) Supplies and incidental expenses of $200. 

Required 

Fill in the blank in the sentence below. 

The relevant cost or opportunity cost of the job is $........ 

How would the above decision change if Pawns, Rooks and Bishops were manufactured in different departments, variable costs could be split down into the costs of direct materials, labour and overheads, and fixed costs could be analysed into the costs of administrative staff and equipment and premises costs?