MOOC 管理会计(F2英文)-刘凌冰（31130274E01）(东北财经大学)1452288173 最新慕课完整章节测试答案

Chapter10 Test

1、单选题：
Information relating to two processes (F and G) was as follows:‌Process      Normal loss as % of Input       input liters          output litres‌     F                              8                               65,000                58,900‌     G                              5                               37,500                35,700‌For each process, was there an abnormal loss or an abnormal gain?‌
选项：
A:    Process F            Process G Abnormal gain     Abnormal gain
B:     Process F            Process G Abnormal gain     Abnormal loss
C:     Process F            Process G Abnormal loss     Abnormal gain
D:     Process F            Process G Abnormal loss     Abnormal loss
答案: 【     Process F            Process G Abnormal loss     Abnormal gain】

2、单选题：
A cleaning fluid is produced by a series of process. The following information relates to the final process:‏Opening WIP                                   2000litres‏Closing WIP                                    1500litres‏Input                                                42300litres‏Transfer to finished goods stock     40100litres‏Normal loss                                     400litres‏The abnormal loss is:‏
选项：
A: 800 litres
B: 1300litres
C: 1800litres
D: 2300litres
答案: 【 2300litres】

3、单选题：
A company uses process costing to value its output and all materials are input at the start of the process. ‏The following information relates to the process for one month: ‏Input                     3,000 units ‏Opening stock         400 units ‏Losses                 10% of input is expected to be lost ‏Closing stock           200 units ‏How many good units were output from the process if actual losses were 400 units? ‏
选项：
A: 2,800 units
B: 2,900 units
C: 3,000 units
D: 3,200 units
答案: 【 2,800 units】

4、单选题：
‏In a process account, how are abnormal losses valued?‎
选项：
A: At their scrap value
B: The same as good production
C: At the cost of raw materials
D: The same as normal losses
答案: 【 The same as good production】

5、单选题：
Perth operates a process costing system. The process is expected to lose 25% of input and this can be sold for $8 per kg. ‏Inputs for the month were: ‏Direct materials      3,500 kg at a total cost of $52,500 ‏Direct labour           $9,625 for the period ‏There is no opening or closing work in progress in the period. Actual output was 2,800 kg. ‏ ‏What is the valuation of the output? ‏
选项：
A: $44,100
B: $49,700
C: $58,800
D: $56,525
答案: 【 $58,800】

6、单选题：
A company uses process costing to value output. During the last month the following information was recorded: ​Output:          2,800 kg valued at $7.50/kg ​Normal loss:  300 kg which has a scrap value of $3/kg ​Actual loss:    200  kg ​What was the value of the input? ​
选项：
A: $22,650
B: $21,900
C: $21,600
D: $21,150
答案: 【 $21,150】

7、单选题：
‏Which of the following statements about process losses are correct? (i) Units of normal loss should be valued at full cost per unit (ii) Units of abnormal loss should be valued at their scrap value‏
选项：
A: (i) only
B: (ii) only
C: Both of them
D: Neither of them
答案: 【 Neither of them】

8、单选题：
‎ A company which operates a process costing system had work in progress at the start of last month of 300 units (valued at $1,710) which were 60% complete in respect of all costs.  ‎Last month a total of 2,000 units were completed and transferred to the finished goods warehouse. The cost per equivalent unit for costs arising last month was $10. The company uses the FIFO method of cost allocation.     ‎What was the total value of the 2,000 units transferred to the finished goods warehouse last month? ‎‎
选项：
A: $19,910
B: $20,000
C: $20,510
D: $21,710
答案: 【 $19,910】

9、单选题：
‏‏‏Which of the following best describes the term’ equivalent units’ when using the FIFO method?   ‏‏‏
选项：
A: The number of units worked on during a period including the opening and closing stock units.
B: The number of whole units worked on during a period ignoring the levels on completion of opening and closing stock units.
C: The number of effective whole units worked on during a period allowing for the levels of completion of opening and closing stock units.
D: The total number of whole units started during a period ignoring the opening stock units as these were started in the previous period. 
答案: 【 The number of effective whole units worked on during a period allowing for the levels of completion of opening and closing stock units.】

10、单选题：
‍The following information relates to questions 10 and 11:‎‍A company operates a process costing system using the FIFO method of valuation. No losses occur in the process. All materials are input at the commencement of the process. Conversion costs are incurred evenly through the process.‎‍The following data relate to last period:‎‍                                                            Units    Degree of completion‎‍Opening work in progress                  2,000             60%‎‍Total number of units completed      14,000‎‍Closing work in progress                   3,000             30%‎‍                                                              $‎‍Costs arising:‎‍Materials                                          51,000‎‍Conversion                                    193,170‎‍‎‍What was the total number of units input during last period?‎
选项：
A: 12,000
B: 13,000
C: 15,000
D: 17,000
答案: 【 15,000】

11、单选题：
‍What was the value of the closing work in progress for last period?​
选项：
A: $21,330
B: $21,690
C: $22,530
D: $22,890
答案: 【 $22,890】

12、单选题：
‍The following information relates to questions 12 and 13. A company makes a product in two processes. The following data is available for the latest period,for process 1. Opening work in progress of 200 units was valued as follows.       Material                      $2,400       Labour                       $1,200       Overhead                      $400 ‌‍No losses occur in the process. Units added and costs incurred during the period:       Material                     $6,000 (500 units)       Labour                      $3,350       Overhead                  $1,490 Closing work in progress of 100 units had reached the following degrees of completion:       Material                    100%       Labour                       50%       Overhead                   30% The company uses the weighted average method of inventory valuation.‌‍‌‍How many equivalent units are used when calculating the cost per unit in relation to overhead?‌
选项：
A: 500
B: 600
C: 630
D: 700
答案: 【 630】

13、单选题：
‍What is the value of the units transferred to process 2?​
选项：
A: $7,200
B: $13,200
C: $14,840
D: $15,400
答案: 【 $13,200】

14、单选题：
​‎​Ally Co has the following information available on Process 9:‎​                                         Process 9 account‎​                                  $                                                            $‎​Input    10,000kg   59,150                Finished goods    8,000kg     52,000‎​                                                         Closing WIP         2,000kg      7,150‎​                               59,150                                                             59,150‎​How many equivalent units were there for closing WIP?‎​‎
选项：
A: 1,000
B: 2,000
C: 1,100
D: 1,200
答案: 【 1,100】

15、单选题：
​340 litres of chemical X were produced in a period. There is a normal loss of 10% and an abnormal loss of 5% of the material input into the process.‏​How many litres of material were input into the process during the period? ‏
选项：
A: 377 litres
B: 400 litres
C: 380 litres
D: 358 litres
答案: 【 400 litres】

Chapter11 Test

1、单选题：
‎Which of the following statements is/are correct? (i) A by-product is a product produced at the same time as other products which has a relatively low volume compared with the other products (ii) Since a by-product is a saleable item it should be separately costed in the process account, and should absorb some of the process costs (iii) Costs incurred prior to the point of separation are known as common or joint costs ‏
选项：
A: (i) and (ii)
B: (i) and (iii)
C: (ii) and (iii)
D: (iii) only
答案: 【 (iii) only】

2、单选题：
‍What is a by-product?​
选项：
A: A product produced at the same time as other products which has no value
B: A product produced at the same time as other products which requires further processing to put it in a saleable state
C: A product produced at the same time as other products which has a relatively low volume compared with the other products
D: A product produced at the same time as other products which has a relatively low value compared with the other products
答案: 【 A product produced at the same time as other products which has a relatively low value compared with the other products】

3、单选题：
‌The following data relates to questions 3 and 4. A company manufactures two joint products, P and R, in a common process. Data for June are as follows.                                                 $ Opening inventory                1,000 Direct materials added       10,000 Conversion costs                12,000 Closing inventory                  3,000‎‌               Production units      Sales units      Sales price($) P               4,000                      5,000                  5 R               6,000                      5,000                10‎‌‎‌If costs are apportioned between joint products on a sales value basis, what was the cost per unit of product R in June?‎
选项：
A: $1.25
B: $2.22
C: $2.50
D: $2.75
答案: 【 $2.50】

4、单选题：
‌If costs are apportioned between joint products on a physical unit basis, what was the total cost of product P production in June?​
选项：
A: $8,000
B: $8,800
C: $10,000
D: $12,000
答案: 【 $8,000】

5、单选题：
​In a process where there are no work-in-progress stocks, two joint products (J and K) are created. Information (in units) relating to last month is as follows:​​Product    Sales        Opening stock of       Closing stock of​​                                  finished goods           finished goods​​  J            6,000               100                              300​​  K           4,000                400                             200​​Joint production costs last month were $110,000 and these were apportioned to joint products based on the number of units produced.​​ ​​What were the joint production costs apportioned to product J for last month?​
选项：
A: $63,800
B: $64,000
C: $66,000
D: $68,200
答案: 【 $68,200】

6、单选题：
‌Two products G and H are created from a joint process. G can be sold immediately after split-off. H requires further processing before it is in a saleable condition. There are no opening stocks and no work in progress. The following data are available for last period:                                                                                                                    ‏‌Total joint production costs                              $384,000‏‌Further processing costs (product H)              $159,600‏‌     Product    Selling price per unit     Sales units     Production units‏‌      G                  $0.84                        400,000           412,000‏‌      H                  $1.82                        200,000           228,000‏‌‏‌Using the physical unit method for apportioning joint production costs, what was the cost value of the closing stock of product H for last period?‏
选项：
A: $36,400
B: $37,520
C: $40,264
D: $45,181
答案: 【 $36,400】

7、单选题：
‍Charleville operates a continuous process producing three products and one by-product. Output from the process for a month was as follows: ‏‍Product         Selling price per unit          Units of output  from process                                            ‏‍1                            $18                                 10,000‏‍2                            $25                                 20,000‏‍3                            $20                                 20,000‏‍4(by-product)         $2                                   3,500‏‍Total output costs were $277,000.‏‍ ‏‍What was the unit valuation for product 3 using the sales revenue basis for allocating joint cost?‏
选项：
A: $4.70
B: $4.80
C: $5.00
D: $5.10
答案: 【 $5.00】

Chapter13 Test

1、单选题：
​Which of the following is the budget committee not responsible for?‎
选项：
A: Preparing functional budgets
B: Timetabling the budgetary operation
C: Allocation responsibility for budgetary preparation
D: Monitoring the budgeting process
答案: 【 Preparing functional budgets】

2、单选题：
‍Which of the following would probably not be contained in a budget manual?‏
选项：
A: A timetable for budget preparation
B: The production cost budget
C: An organization chart
D: Specimen budgetary control reports
答案: 【 The production cost budget】

3、单选题：
‎Which of the following are purposes of a budget? ‏‎     (i)    establishing strategic options ‏‎     (ii)   motivating management ‏‎     (iii)  establishing long term objectives ‏‎     (iv)  planning operations ‏
选项：
A: (i) and (iii) only
B: (i) and (iv) only
C: (ii) and (iv) only
D: (ii), (iii) and (iv) only
答案: 【 (ii) and (iv) only】

4、单选题：
‌Which of the following best describes a principal budget factor? ‍
选项：
A: A factor that affects all budget centres. 
B: A factor that is controllable by a budget centre manager. 
C: A factor which limits the activities of an organisation. 
D: A factor that the management accountant builds into all budgets. 
答案: 【 A factor which limits the activities of an organisation. 】

5、单选题：
‏What does the statement 'sales is the principal budget factor' mean? ‌
选项：
A: The level of sales will determine the level of cash at the end of the period
B: The level of sales will determine the level of profit at the end of the period
C: The company's activities are limited by the level of sales it can achieve
D: Sales is the largest item in the budget
答案: 【 The company's activities are limited by the level of sales it can achieve】

6、单选题：
‎Which of the following BEST describes the purpose of a flexible budget?‏
选项：
A: To ensure managers are motivated
B: To facilitate control by establishing a budget relevant to actual activity levels
C: To facilitate control by preventing discretionary expenditure
D: To enable accurate reforecasting when actual costs are known
答案: 【 To facilitate control by establishing a budget relevant to actual activity levels】

7、单选题：
‏The following statements relate to fixed budgets and flexible budgets. (i) If production levels far exceed those anticipated, relying on a fixed budget is likely to result in massive variances (ii) Flexible budgets assist management control by providing dynamic, comparable information​‏ (iii) Flexible budgets are always superior to fixed budgets Which statements are true?​
选项：
A: (i) only
B: (i) and (ii) only
C: (ii) and (iii) only
D: (i), (ii) and (iii)
答案: 【 (i) and (ii) only】

8、单选题：
‍The budgeted variable cost per unit was $2.75.When output was 18,000 units, total expenditure was $98,000 and it was found that fixed overhead were $11, 000 over budget whilst variable costs were in line with budget.‎‍What was the amount budgeted for fixed costs?‎
选项：
A: $37,500
B: $48,500
C: $49,500
D: $87,000
答案: 【 $37,500】

9、单选题：
‎QT Co manufactures a single product and an extract from their flexed budget for production costs is as follows.                               Activity level(80%)          Activity level (90%)                                              $                        $ Direct material                   2,400                    2,700 Labour                               2,120                    2,160 Production overhead         4,060                    4,080                                          8,580                    8,940 What would the total production cost allowance be in a budget flexed at the 83% level of activity? (to the nearest $) ‍
选项：
A: $6,266
B: $6,888
C: $8,586
D: $8,688
答案: 【 $8,688】

10、单选题：
‍Which of the following statements are true? (i) A flexed budget allows businesses to evaluate a manager's performance more fairly (ii) A fixed budget is useful for defining the broad objectives of the organisation (iii) Relying on fixed budgets alone would usually give rise to massive variances ‍
选项：
A: (i) and (iii) only
B: (i) and (ii) only
C: (ii) and (iii) only
D: (i), (ii) and (iii)
答案: 【 (i), (ii) and (iii)】

Chapter14 Test

1、单选题：
‏If a company has no production resources limitations, in which order would the following budgets be prepared?‌‏1   Material usage budget             4   Finished goods inventory budget‌‏2   Sales budget                            5   Production budget‌‏3   Material purchase budget         6   Material inventory budget‌
选项：
A: 5, 4, 1, 6, 3, 2
B: 2, 4, 5, 1, 6, 3
C: 2, 4, 5, 1, 3, 6
D: 2, 5, 4, 1, 6, 3
答案: 【 2, 4, 5, 1, 6, 3】

2、单选题：
‍What does a master budget comprise?‏
选项：
A: The budgeted statement of profit or loss
B: The budgeted cash flow, budgeted statement of profit or loss and budgeted statement of financial position
C: The budgeted cash flow
D: The entire set of budgets prepared
答案: 【 The budgeted cash flow, budgeted statement of profit or loss and budgeted statement of financial position】

3、单选题：
‎Which of the following is NOT a functional budget? ‌
选项：
A: Production budget
B: Distribution cost budget
C: Selling cost budget
D: Cash budget
答案: 【 Cash budget】

4、单选题：
‌When preparing a production budget, what does the quantity to be produced equal? ‎
选项：
A: Sales quantity + opening inventory of finished goods + closing inventory of finished goods
B: Sales quantity – opening inventory of finished goods + closing inventory of finished goods
C: Sales quantity – opening inventory of finished goods – closing inventory of finished goods
D: Sales quantity + opening inventory of finished goods – closing inventory of finished goods
答案: 【 Sales quantity – opening inventory of finished goods + closing inventory of finished goods 】

5、单选题：
‍The quantity of material in the material purchases budget is greater than the inferred from quantity of material in the material usage budget. Which of the following statements can be this situation?​
选项：
A: Wastage of material occurs in the production process
B: Finished goods inventories are budgeted to increase
C: Raw materials inventories are budgeted to increase
D: Raw materials inventories are budgeted to decrease
答案: 【 Raw materials inventories are budgeted to increase】

6、单选题：
‏PQS Ltd plans to sell 1,800 units of product DR next year. Opening stock of DR is budgeted to be 150 units and PQS Ltd budgets to reduce stock by ten percent by the end of the year. How many units of product DR should be produced next year?‍
选项：
A: 1,620
B: 1,785
C: 1,815
D: 1,965
答案: 【 1,785】

7、单选题：
‍A company has a budget for two products A and B as follows:‌                                            Product A             Product B‌‍Sales (units)                         2,000                      4,500 ‌‍Production (units)                 1,750                      5,000 ‌‍Labour: ‌‍Skilled at $10/hour             2 hours/unit              2 hours/unit ‌‍Unskilled at $ 7/hour          3 hours/unit              4 hours/unit ‌‍What is the budgeted cost for unskilled labour for the period?‌
选项：
A: $105,000
B: $135,000
C: $176,750
D: $252,500
答案: 【 $176,750】

8、单选题：
‌A company is preparing a production budget for the next year. The following information is relevant: ‍‌Budgeted Sales                          10,000 units ‍‌Opening stock                             600 units ‍‌Closing stock                              5% of budgeted sales ‍‌The production process is such that 10% of the units produced are rejected. ‍‌What is the number of units required to be produced to meet demand?‍
选项：
A: 8,900 units
B: 9,900 units
C: 10,900 units
D: 11,000 units
答案: 【 11,000 units】

9、单选题：
‏A company has the following budget for the next month: ‍‏Finished Product ‍‏Sales                                   7,000 units ‍‏Production units                  7,200 units ‍‏Materials ‍‏Usage per unit                     3 kg ‍‏Opening stock                     400 kg ‍‏Closing stock                       500 kg ‍‏What is the material purchases budget for the month? ‍
选项：
A: 20,900 kg
B: 21,100 kg
C: 21,500 kg
D: 21,700 kg
答案: 【 21,700 kg】

10、单选题：
‎Budgeted sales of X for December are 18,000 units. At the end of the production process for X, 10% of production units are scrapped as defective. Opening inventories of X for December are budgeted to be 15,000 units and closing inventories will be 11,400 units. All inventories of finished goods must have successfully passed the quality control check. What is the production budget for X for December?‍
选项：
A: 12,960 units
B: 14,400 units
C: 15,840 units
D: 16,000 units
答案: 【 16,000 units】

11、单选题：
​A company manufactures a single product, M. Budgeted production output of product M during August is 200 units. Each unit of product M requires 6 labour hours for completion and PR Co anticipates 20 per cent idle time. Labour is paid at a rate of $7 per hour. What is the direct labour cost budget for August? ‎
选项：
A: $6,720
B: $8,400
C: $10,080
D: $10,500
答案: 【 $10,500】

12、单选题：
‌BDL plc is currently preparing its cash budget for the year to 31 March 20X8. An extract from its sales budget for the same year shows the following sales values.                           $    March        60,000    April           70,000    May           55,000    June          65,000 40% of its sales are expected to be for cash. Of its credit sales, 70% are expected to pay in the month after sale and take a 2% discount; 27% are expected to pay in the second month after the sale, and the remaining 3% are expected to be bad debts.‍‌ ‍‌What is the value of sales receipts to be shown in the cash budget for May 20X7?‍
选项：
A: $60,532
B: $61,120
C: $66,532
D: $86,620
答案: 【 $60,532】

13、单选题：
‏The following information relates to questions 13 and 14.‏‏Each unit of product Zeta requires 3 kg of raw material and 4 direct labour hours. Material costs $2 per kg and the direct labour rate is $7 per hour. The production budget for Zeta for April to June is as follows.                                        April    May    June      Production units      7,800   8,400   8,200 Raw material opening inventories are budgeted as follows.                                       April      May        June                                  3,800 kg  4,200 kg  4,100 kg The closing inventory budgeted for June is 3,900 kg. Material purchases are paid for in the month following purchase. What is the figure to be included in the cash budget for June in respect of payments for purchases? ‏
选项：
A: $25,100
B: $48,800
C: $50,200
D: $50,600
答案: 【 $50,200】

14、单选题：
‏Wages are paid 75% in the month of production and 25% in the following month. What is the figure to be included in the cash budget for May in respect of wages? ​
选项：
A: $222,600
B: $231,000
C: $233,800
D: $235,200
答案: 【 $231,000】

15、单选题：
​A Local Authority is preparing a cash budget for its refuse disposal department. Which of the following items would NOT be included in the cash budget? ‎
选项：
A: Capital cost of a new collection vehicle
B: Depreciation of the refuse incinerator
C: Operatives' wages
D: Fuel for the collection vehicles
答案: 【 Depreciation of the refuse incinerator】

Chapter15 Test

1、单选题：
​In which of the following situations are imposed budgets effective? ‌
选项：
A: In large businesses
B: During periods of economic boom
C: In well established businesses
D: When the organisation’s different units require precise co-ordination
答案: 【 When the organisation’s different units require precise co-ordination】

2、单选题：
‍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? ‏
选项：
A: Participation allows staff to buy into the budget
B: Staff suggestions may be ignored leading to de-motivation
C: Staff suggestions may be based on local knowledge
D: Budgetary slack can be built in by senior manager as well as staff
答案: 【 Staff suggestions may be ignored leading to de-motivation】

3、单选题：
​Which of the following best describes a top-down budget?‌
选项：
A: A budget which has been set by scaling down individual expenditure items until the total budgeted expenditure can be met from available resources
B: A budget which is set by delegating authority from top management, allowing budget holders to participate in setting their own budgets
C: A budget which is set without permitting the ultimate budget holder to participate in the budgeting process
D: A budget which is set within the framework of strategic plans determined by top management
答案: 【 A budget which is set without permitting the ultimate budget holder to participate in the budgeting process】

4、单选题：
‏In which of the following situations would the use of imposed budgets NOT be appropriate?‍
选项：
A: In times of crisis, when the organisation’s survival is at stake
B: During periods of economic hardship, when ‘every cent counts’
C: In a very small business
D: In a large organisation with a flat management structure and ‘empowered’ employees
答案: 【 In a large organisation with a flat management structure and ‘empowered’ employees】

5、单选题：
‌In which of the following circumstances is the use of a participative budgeting process appropriate? (i) In decentralised organisations (ii) When acceptance of the budget as fair and equitable is essential (iii) When an organisation's different units act autonomously ‎
选项：
A: All of (i), (ii) and (iii)
B:  (ii) and (iii) only
C: (i) and (ii) only
D: (iii) only
答案: 【 All of (i), (ii) and (iii)】

Chapter16 Test

1、单选题：
‏Which of the following would be part of the capital expenditure budget? (i) Purchase of a new factory premises (ii) Replacement of existing machinery (iii) Refurbishment of existing factory premises (iv) Purchases of raw materials ‌
选项：
A: (i) and (ii) only
B: (iii) and (iv) only
C: (i), (ii) and (iii) only
D: (ii) and (iv) only
答案: 【 (i), (ii) and (iii) only】

2、单选题：
​Which is worth most, at present values, assuming an annual rate of interest of 8%?​
选项：
A: $1,200 in exactly one year from now
B: $1,400 in exactly two years from now
C: $1,600 in exactly three years from now
D: $1,800 in exactly four years from now
答案: 【 $1,800 in exactly four years from now】

3、单选题：
‎A sum of money was invested for 10 years at 7% per annum and is now worth $2,000. What was the original amount invested (to the nearest $)? ​
选项：
A: $1,026
B: $1,016
C: $3,937
D: $14,048
答案: 【 $1,016】

4、单选题：
​What is the present value of ten annual payments of $700, the first paid immediately and discounted at 8%, giving your answer to the nearest $? ‏
选项：
A: $4,697
B: $1,050
C: $4,435
D: $5,073
答案: 【 $5,073】

5、单选题：
‎How much should be invested now (to the nearest $) to receive $24,000 per annum in perpetuity if the annual rate of