管理会计示范性双语课件习题01

1CHAPTER1MANAGEMENTACCOUNTING:INFORMATIONTHATCREATESVALUETRUE/FALSE1.Managementaccountinggathersshort-term,long-term,financial,andnonfinancialinformation.a.Trueb.False2.Managementaccountinginformationgenerallyreportsontheorganizationasawhole.a.Trueb.False3.Companieshavetofollowstrictguidelineswhendesigningamanagementaccountingsystem.a.Trueb.False4.Agoodmanagementaccountingsystemisintendedtomeetspecificdecision-makingneedsatalllevelsintheorganization.a.Trueb.False5.Duringthehistoryofmanagementaccounting,innovationsweredevelopedtoaddressthedecision-makingneedsofmanagers.a.Trueb.False6.Akeyelementinanyorganization’sstrategyistoidentifyitstargetcustomersandtodeliverwhatthosetargetcustomerswant.a.Trueb.False7.Thevaluepropositionhasonlytwoelements:costandquality.a.Trueb.False8.Qualityisthedegreeofconformancebetweenwhatthecustomerispromisedandwhatthecustomerreceives.a.Trueb.False9.Recently,thedemandforimprovedmanagementaccountingandcontrolinformationwithinmanufacturingfirmshasalsooccurredinserviceorganizations.a.Trueb.False210.Recently,thecompetitiveenvironmentforbothmanufacturingandservicecompanieshasbecomefarmorechallenginganddemanding.a.Trueb.False11.Servicecompaniesareverysimilartomanufacturingcompaniesinmayways,includingthefactthatmanyemployeeshavedirectcontactwithcustomers.a.Trueb.False12.Sensitivitytotimelinessandqualityofserviceisespeciallyimportanttoserviceorganizations.a.Trueb.False13.Governmentandnonprofitorganizations,aswellasprofit-seekingenterprises,arefeelingthepressuresforimprovedperformance.a.Trueb.False14.Managementaccountinginformationallowsmanagerstocompareactualandplannedcostsandtoidentifyareasandopportunitiesforprocessimprovement.a.Trueb.False15.Managementaccountingcanprovideinformationoncustomersatisfaction.a.Trueb.False16.ROI(returnoninvestment)combinestwoprofitabilitymeasurestoproduceasinglemeasureofdepartmentalordivisionalperformance.a.Trueb.False17.Around1920,centralizedcontrolofdecentralizedoperationswasaccomplishedbyhavingcorporatemanagersreceivefinancialreportsaboutdivisionaloperationsandprofitability.a.Trueb.False18.Inthelate1990s,littleinterestorattentionwaspaidtoevaluatingmanagement’sappropriategovernanceandstrategychoices.a.Trueb.False19.Financialinformationidentifiesandexplainstheunderlyingproblems.a.Trueb.False320.Managementaccountingmeasurescanprovideadvancewarningsofproblems.a.Trueb.False21.Customersatisfactionisanexampleoffinancialinformation.a.Trueb.False22.Operatingprofitisanexampleofnonfinancialinformation.a.Trueb.False23.Organizationalleadershipplaysacriticalroleinfosteringanorganization’scultureofhighethicalstandards.a.Trueb.False24.Informationisneverneutral;justtheactofmeasuringandreportinginformationaffectstheindividualsinvolved.a.Trueb.False25.Boundarysystemsarealwaysstatedinpositivetermsthatoutlinemaximumstandardsofbehavior.a.Trueb.False4MULTIPLECHOICE26.Managementaccountinghelpsacompanyachieve:a.itsstrategicobjectivesb.itsoperationalobjectivesc.controlandalsosupportsperformanceevaluationd.Alloftheabovearecorrect.27.Whichofthefollowingtypesofinformationareusedinmanagementaccounting?a.financialinformationb.nonfinancialinformationc.informationfocusedonthelongtermd.Alloftheabovearecorrect.28.Managementaccounting:a.focusesonestimatingfuturerevenues,costs,andothermeasurestoforecastactivitiesandtheirresultsb.providesinformationaboutthecompanyasawholec.reportsinformationthathasoccurredinthepastthatisverifiableandreliabled.providesinformationthatisgenerallyavailableonlyonaquarterlyorannualbasis29.Whichofthefollowingdescriptorsrefertomanagementaccountinginformation?a.Itisverifiableandreliable.b.Itisdrivenbyrules.c.Itispreparedforshareholders.d.Itprovidesreasonableandtimelyestimates.30.Whichofthefollowingstatementsreferstomanagementaccountinginformation?a.Therearenoregulationsgoverningthereports.b.Thereportsaregenerallydelayedandhistorical.c.Theaudiencetendstobestockholders,creditors,andtaxauthorities.d.Thescopetendstobehighlyaggregate.31.Managementaccountinginformationincludes:a.tabulatedresultsofcustomersatisfactionsurveysb.thecostofproducingaproductc.thepercentageofunitsproducedthatisdefectived.Alloftheabovearecorrect.32.ManagementaccountingreportsMOSTlikelyincludeinformationabout:a.customercomplaintsb.netincomefortheyearc.totalassetsd.Alloftheabovearecorrect.533.ThepersonMOSTlikelytousemanagementaccountinginformationisa(n):a.bankerevaluatingacreditapplicationb.shareholderevaluatingastockinvestmentc.governmentaltaxingauthorityd.assemblydepartmentsupervisor34.WhichofthefollowingisNOTafunctionofamanagementaccountingsystem?a.strategicplanningb.financialreportingc.operationalcontrold.productcosting35.FinancialaccountingprovidesthePRIMARYsourceofinformationfor:a.decisionmakinginthefinishingdepartmentb.improvingcustomerservicec.preparingtheincomestatementforshareholdersd.planningnextyear’soperatingbudget36.Financialaccounting:a.focusesonthefutureandincludesactivitiessuchaspreparingnextyear'soperatingbudgetb.mustcomplywithGAAP(generallyacceptedaccountingprinciples)c.reportsinclude