快速查题-ACCA英国注册会计师试题

 The finance director of Paint Mixers Ltd has produced the table below showing the variance results for the first three months of the year: 

                                                                                   January                    February                   March 

Material price variance                                          $3,000 A                   $2,000 A                 $1,000 A 

Material mix variance                                             $2,000 A                      $750 A                     $100 F 

Material yield variance                                           $4,000 A                   $2,000 A                        $50F 

Which of the following interpretations of the variances analysis exercise above is NOT correct?  

 The following statements have been made in relation to the use of standard costs in rapidly changing environments: 

(1) Variance analysis results will take into account important criteria such as customer satisfaction or quality of production. 

(2) Achieving standards is suitable in most modern manufacturing environments. 

Which of the above statement(s) is/are true? 

 What three factors are said to determine the effectiveness of participation in target setting? 

 A budget for motivational purposes, with fairly difficult targets of performance, is an aspirations budget. 

 In which of the following circumstances are participative budgets likely to be effective? 

(1) In very large organisations 

(2) During periods of economic affluence 

(3) When an organisation's different units act autonomously 

(4) In newly-formed organisations 

 Participation by staff in the budgeting process is often seen as an aid to the creation of a realistic budget and to the motivation of staff. There are, however, limitations to the effectiveness of such participation. 

Which of the following illustrates one of these limitations? 

 Which of the following statements about budgeting and motivation are true? 

(1) A target is more motivating than no target at all 

(2) The problem with a target is setting an appropriate degree of difficulty 

(3) Employees who are challenged tend to withdraw their commitment 

 Which of the following best describes a top-down budget? 

 In which of the following circumstances are participative budgets effective? 

(1) In decentralised organisations 

(2) During periods of economic affluence 

(3) When an organisation's different units act autonomously 

One of the basic tenets of total quality management is 'get it right first time'. Is variance reporting a help or a hindrance in this respect?