职上网在线题库 > ACCA英国注册会计师试题 > F2 > Chapter1-3 > Which of t...

Which of the following is an example of external information that could be used in a management accounting system?

A

Consumer price index statistics

B

Price list for the products sold by the business

C

Production volume achieved by the production department

D

Discounts given to customers

扫码查看暗号，即可获得解锁答案！

在此输入暗号

点击获取答案

Chapter2Sourcesofdata

External information is obtained from sources outside the organisation. Statistics relating to the consumer price index come from the government. Information about price lists, production volumes and discounts to customers comes from sources within the organisation.

多做几道

Which of the following statements about management accounting information is/are true?

(i) They must be stated in purely monetary terms.

(ii) Limited companies must, by law, prepare management accounts.

(iii) They serve as a future planning tool and are not used as an historical record.

A

(i), (ii) and (iii)

B

(i) and (ii)

C

(ii) only

D

None of the statements is true

Which of the following statements is/are correct?

(i) A management control system is a term used to describe the hardware and software used to drive a database system which produces information outputs that are easily assimilated by management.

(ii) An objective is a course of action that an organisation might pursue in order to achieve its strategy.

(iii) Information is data that has been processed into a form meaningful to the recipient.

A

(i), (ii) and (iii)

B

(i) and (iii)

C

(ii) and (iii)

D

(iii) only

Good information should have certain qualities. Which of the following are qualities of good information?(i) Complete(ii) Extensive(iii) Relevant(iv) Accurate

A

(i), (ii) and (iii)

B

(i), (iii) and (iv)

C

(ii) and (iv)

D

All of them

Monthly variance reports are an example of which one of the following types of management information?

A

Tactical

B

Strategic

C

Non-financial

D

Operational

Which of the following statements is/are correct?

(i) Information for decision-making should incorporate uncertainty in some way

(ii) The data used to prepare financial accounts and management accounts are the

A

(i) is true and (ii) is false

B

(ii) is true and (i) is false

C

Both are true

D

Both are false

最新试题

该科目易错题

该题目相似题

A firm which bottles shampoo selects some filled bottles for examination.The procedure used is to select a random starting point x(xth bottle filled) and every bottle at an interval of y is then chosen for examination.What is this type of sampling known as?AMulti-stageBRandomCSystematicDStratified
Which of the following are primary data?(i) Information on timesheets used for making up wages(ii) Information from a government publication concerning forecast inflation rates used for budgeting(iii) Information from a trade publication used to choose a supplier of raw materialsA(i) and (ii)B(i) and (iii) C(i) only D(i), (ii) and (iii)
The following data relate to the overhead expenditure of contract cleaners at two activity levels:Square metres cleaned 12,750 15,100Overheads $73,950 $83,585Using the high-low method, what is the estimate of the overhead cost if 16,200 square metres are to be cleaned?A$88,095B$89,674C$93,960D$98,095
A company uses an item of inventory as follows.Purchase price $25 per unitAnnual demand 1,800 unitsOrdering cost $32Annual holding cost $4.50 per unitEOQ 160 unitsWhat is the minimum total cost assuming a discount of 2% applies to the purchase price and to holding costs on orders of 300 and over?A$45,720.00B$44,953.50C$45,000.00D$44,967.00
The overhead absorption rate for product T is $4 per machine hour. Each unit of T requires 3 machine hours. Inventories of product T last period were: UnitsOpening inventory 2,400Closing inventory 2,700Compared with the marginal costing profit for the period,the absorption costing profit for product T will be which of the following?A$1,200 higherB$3,600 higherC$1,200 lowerD$3,600 lower
Assume that at the end of the first month unit variable costs and fixed costs and selling price for the month were in line with the budget and any inventory was valued at the same unit cost as in the above budget.However, if production was actually 700 and sales 600; what would be the reported profit using absorption costing?A$9,000B$12,000C$14,000D$15,000
The following information relates to a management consultancy organisation: $ Salary cost per hour for senior consultants 40Salary cost per hour for junior consultants 25Overhead absorption rate per hour applied to all hours 20The organisation adds 40% to total cost to arrive at the final fee to be charged to a client. Assignment number 789 took 54 hours of a senior consultant's time and 110 hours of junior consultants' time. What is the final fee to be charged for Assignment 789? A$6,874B$10,696C$11,466D$12,642
Two products (W and X) are created from a joint process. Both products can be sold immediately after split-off. There are no opening inventories or work in progress. The following information is available for last period:Total joint production costs $776,160Product Production units Sales units Selling price per unit W 12,000 10,000 $10 X 10,000 8,000 $12Using the sales value method of apportioning joint production costs, what was the value of the closing inventory of product X for last period?A$310,464B$388,080C$155,232D$77,616
Four years ago material X cost $5 per kg and the price index most appropriate to the cost of material X stood at 150.The same index now stands at 430.What is the best estimate of the current cost of material X per kg?A$1.74B$9.33C$14.33D$21.50
A company manufactures a single product, and relevant data for December is as follows. Budget/standard ActualProduction units 1,800 1,900Labour hours 9,000 9,400Fixed production overhead $36,000 $39,480What are the fixed production overhead capacity and efficiency variances for December? ACapacity Efficiency$1,600 (F) $400 (F)BCapacity Efficiency$1,600 (A) $400 (A)CCapacity Efficiency$1,600 (A) $400 (F)DCapacity Efficiency$1,600 (F) $400 (A)