External link to Question : 81. Which of the following an example of a non-financial measure? A. lead : 1227099

Question : 81. Which of the following an example of a non-financial measure? A. lead : 1227099

    81. Which of the following is an example of a non-financial measure?  A. lead time B. setup time C. units scrapped D. all of the above   82. Which of the following is best suited to providing timely and focused performance information?  A. non-financial information B. financial accounting information C. cost accounting information D. variance analysis   83. Rabbitt Co. operates in a just-in-time manufacturing environment. For June production, Rabbitt purchased 5,000 units of […]

External link to Question : 101. An acceleration in the collection of receivables will tend to : 1234276

Question : 101. An acceleration in the collection of receivables will tend to : 1234276

  101. An acceleration in the collection of receivables will tend to cause the accounts receivable turnover to  A. decrease B. remain the same C. either increase or decrease D. increase 102. Based on the following data for the current year, what is the number of days’ sales in accounts receivable?   Net sales on account during year$584,000 Cost of goods sold during year300,000 Accounts receivable, beginning of year45,000 Accounts receivable, […]

External link to Question : 81. Each account in the cost ledger called a: A. finished goods sheetB. stock : 1234303

Question : 81. Each account in the cost ledger called a: A. finished goods sheetB. stock : 1234303

  81. Each account in the cost ledger is called a: A. finished goods sheetB. stock recordC. materials requisitionD. job cost sheet 82. Selected accounts with some debits and credits omitted are presented as follows:  Work in Process Aug. 1 Balance 275,000     Aug. 31 Goods finished 1,230,000       31 Direct materials X                 31 Direct labor 350,000                  31 Factory overhead X                   […]

External link to Question : 41.Which of the following would be classified as an extraordinary : 1237487

Question : 41.Which of the following would be classified as an extraordinary : 1237487

    41.Which of the following would be classified as an extraordinary item?    A. A large gift given to the company.   B. A loss from obsolete inventory.   C. A loss from a natural disaster that affects the company at infrequent intervals.   D. A loss from an enacted law that made inventory unsalable.         42.An example of an extraordinary gain or loss is:    A. A […]

External link to Question : 51) To be successful a company should be 51) ______ : 1196048

Question : 51) To be successful a company should be 51) ______ : 1196048

    51) To be successful a company should be   51) ______ A) employee driven. B) customer driven. C) management driven. D) executive driven. E) “driven” by the board of directors.   52) There is many aspects of a company that managers should focus on.  Which of the following is NOT a key success factor for managers in terms of today’s customer satisfaction?   […]

External link to Question : 81. The details concerning the costs incurred each job order accumulated : 1251534

Question : 81. The details concerning the costs incurred each job order accumulated : 1251534

    81. The details concerning the costs incurred on each job order are accumulated in a subsidiary ledger known as the: A. stock ledgerB. materials ledgerC. cost ledgerD. creditors ledger   82. Each account in the cost ledger is called a: A. finished goods sheetB. stock recordC. materials requisitionD. job cost sheet   83. Selected accounts with some debits and credits omitted are presented as follows:  Work in Process Aug. 1Balance275,000Aug. 31Goods finished1,030,000 31Direct materialsX 31Direct labor450,000 […]

External link to Question : 62.A type of production that yields customized products or services : 1236622

Question : 62.A type of production that yields customized products or services : 1236622

  62.A type of production that yields customized products or services for each customer is called:    A.Customer orientation production. B.Job order production. C.Just-in-time production. D.Job lot production. E.Process production. 63.A company that makes which of the following types of products would best be suited for a job costing system?    A.Fruit juice B.Bathing suits C.Snack chips D.Compact discs E.Custom jewelry 64.The target cost for a job […]

External link to Question : Answer the following questions using the information below: Purple Purpose Inc., : 1211812

Question : Answer the following questions using the information below: Purple Purpose Inc., : 1211812

  Answer the following questions using the information below:   Purple Purpose Inc., is in the process of evaluating a new product using the following information: •A new transformer has two production runs each year, each with $10,000 in setup costs. •The new transformer incurred $30,000 in development costs and is expected to be produced over the next three years. •Direct costs of producing the […]

External link to Question : 5) One way to achieve greater comparability of historical-cost based : 1186233

Question : 5) One way to achieve greater comparability of historical-cost based : 1186233

  5) One way to achieve greater comparability of historical-cost based ROIs is to restate performance in dollars. Use the information below to answer the following question(s).   The following data are available for a foundry operation started as a new company four years ago when the construction cost index was 125:   Current liabilities $170,000 Operating income $176,200 NBV long-term assets (end year 3) […]

External link to Question : 141. Indicate whether each of the following represents an asset, liability, : 1226628

Question : 141. Indicate whether each of the following represents an asset, liability, : 1226628

  141. Indicate whether each of the following represents an asset, liability, or owner’s equity item. (a) accounts payable (b) wages expense (c) capital stock (d) accounts receivable (e) dividends (f) land       142. The accountant for Franklin Company prepared the following list of account balances from the company’s records for the year ended December 31, 2011:    Fees Earned $165,000   Cash $  30,000 […]

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