管理会计双语课程习题chapter 5

1CH05MANAGEMENTACCOUNTINGINFORMATIONFORACTIVITYANDPROCESSDECISIONSTRUE/FALSE1.Sunkcostsareneverrelevantcostsfordecisionmaking.a.Trueb.False2.Anexampleofasunkcostistheamountofaguaranteedcontractthathasnotyetbeenpaid.a.Trueb.False3.Personalemployeeresponsesarenotcriticalconsiderationsforthebusinessdecisionmaker.a.Trueb.False4.Fordecision-making,differentialcostsassistinchoosingbetweenalternatives.a.Trueb.False5.Foraparticulardecision,differentialrevenuesandcostsarealwaysrelevant.a.Trueb.False6.Acostmayberelevantforonedecision,butnotrelevantforadifferentdecision.a.Trueb.False7.Avoidablecostsshouldbeevaluatedwhendecidingwhethertodiscontinueapart,product,productline,orbusinesssegment.a.Trueb.False8.Inmake-or-buydecisions,facility-sustainingsupportcostsareunavoidableifthefacilitycanbeconvertedtoanotheruse.a.Trueb.False9.Forone-time-onlyspecialorders,flexiblecostsmayberelevantbutnotcapacity-relatedcosts.a.Trueb.False210.Bidpricesandcoststhatarerelevantforregularordersarethesamecoststhatarerelevantforone-time-onlyspecialorders.a.Trueb.False11.Whenopportunitycostsexist,theyarealwaysrelevant.a.Trueb.False12.Depreciationallocatedtoaproductlineisarelevantcostwhendecidingtodiscontinuethatproduct.a.Trueb.False13.Whenreplacinganoldmachinewithanewmachine,thebookvalueoftheoldmachineisarelevantcost.a.Trueb.False14.Ifacompanyisdecidingwhethertooutsourceapart,thereliabilityofthesupplierisanimportantfactortoconsider.a.Trueb.False15.Sometimesqualitativefactorsarethemostimportantfactorsinmake-or-buydecisions.a.Trueb.False16.Ifacompanyisdecidingwhethertooutsourceapart,thereliabilityofthesupplierisanimportantfactortoconsider.a.Trueb.False17.Outsourcingisrisk-freetothemanufacturerbecausethesuppliernowhastheresponsibilityofproducingthepart.a.Trueb.False18.Thecentralgoalofthefacilitylayoutdesignprocessistostreamlineoperationstoincreaseoperatingincome.a.Trueb.False19.Inaprocesslayout,batchproductioncausesinventorycosts.a.Trueb.False320.Thereductionofsetupcostsmakessmallerbatchsizesmorefeasible.a.Trueb.False21.Inbatchprocessing,workersdownstreamcanidentifyanupstreamproblemimmediately.a.Trueb.False22.Thetheoryofconstraintsfocusesonlong-terminitiativestoincreaseoperatingincome.a.Trueb.False23.Aprocessingcycleefficiency(PCE)of14%indicatesbetterefficiencythanaPCEof50%.a.Trueb.False24.Whenusingajust-in-timemanufacturing,aproblemanywhereinthesystemcanstopallproduction.a.Trueb.False25.Implementingajust-in-timeinventorysystemrequiresamajorculturalchangeforanorganization.a.Trueb.False26.GlobalcompetitionledtothedevelopmentofinternationalqualitystandardssuchasISO90002000Standards.a.Trueb.False27.Externalqualityproblemsareexpensivetofix.a.Trueb.False28.Experienceshowsthatitismoreexpensivetopreventdefectsthantodetectandrepairthem.a.Trueb.False4MULTIPLECHOICE29.Sunkcosts:a.arerelevantb.aredifferentialc.havefutureimplicationsd.areignoredwhenevaluatingalternatives30.Acomputersysteminstalledlastyearisanexampleof:a.asunkcostb.arelevantcostc.adifferentialcostd.anavoidablecost31.Coststhatcannotbechangedbyanydecisionmadenoworinthefutureare:a.fixedcostsb.indirectcostsc.avoidablecostsd.sunkcosts32.Fordecisionmaking,alistingoftherelevantcosts:a.willhelpthedecisionmakerconcentrateonthepertinentdatab.willonlyincludefuturecostsc.willonlyincludecoststhatdifferamongalternativesd.shouldincludealloftheabove33.WhichofthefollowingcostsareNEVERrelevantinthedecision-makingprocess?a.capacity-relatedb.historicalcostsc.relevantcostsd.variablecosts34.Whendecidingtoleaseanewcuttingmachineorcontinueusingtheoldmachine,thefollowingcostsareallrelevantEXCEPTthe:a.$50,000costoftheoldmachineb.$20,000costofthenewmachinec.$10,000sellingpriceoftheoldmachined.$3,000annualsavingsinoperatingcostsifthenewmachineispurchased35.Inevaluatingdifferentalternatives,itisusefultoconcentrateon:a.flexiblecostsb.capacity-relatedcostsc.totalcostsd.relevantcosts536.Relevantcostsofamake-or-buydecisionincludeallEXCEPT:a.fixedsalariesthatwillnotbeincurredifthepartisoutsourcedb.currentdirectmaterialcostsofthepartc.specialmachineryforthepartthathasnoresalevalued.material-handlingcoststhatcanbeeliminated37.WhichofthefollowingwouldNOTbeconsideredinamake-or-buydecision?a.capacity-relatedcoststhatwillnolongerbeincurredb.flexiblecostsofproductionc.potentialrentalincomefromspaceoccupiedbytheproductionaread.unchangedsupervisorycosts38.Relevantcostsinamake-or-buydecisionofapartinclude:a.setupoverheadforthemanufactureoftheproductusingtheoutsourcedpartb.currentlyusedmanufacturingcapacitythathasalternativeusesc.annualplantinsurancecoststhatwillremainthesamed.corporateofficecoststhatwillbeallocateddifferently39.Whendecidingtoacceptaone-time-onlyspecialorderfromawholesaler,managementshoulddoallofthefollowingEXCEPT:a.analyzeproductcostsb.considertheimpactofthespecialorderonfuturepricesoftheirproductsc.determinewhetherexcesscapacityisavailabled.verifypastdesigncostsfortheproduct40.Whenthereisexcesscapacity,itmakessensetoacceptaone-time-onlyspecialorderforlessthanthecurrentsellingpricewhen:a.incrementalrevenuesexceedincrem