ADMS2510F.MT205 - Fall 2005 York University Atkinson...

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1 Fall 2005 York University Atkinson Faculty of Liberal and Professional Studies School of Administrative Studies ADMS # 2510 Introduction to Management Accounting MID-TERM EXAMINATION # 2 Chapters 4, 5, 6 1 Hour SECTION C Thursday 7:00 – 10:00 pm Professor: Joe Nemi Marks CATEGORY A: Question # 1 10 Question # 2 10 CATEGORY B: Question # 3 20 40 === Please write on the FRONT pages of your EXAMINATION BOOKLET ONLY. Please ensure that you read the notes on the next page.
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2 NOTES REGARDING TEST ADMINISTRATION: Read carefully , THINK about your approach, and Good Luck ! Answers must be submitted in numerical order. (I.e. Your attempted clearly laid out solution to Question # 1 should be first, then follow with solutions to Question # 2, and # 3.) Examination Booklets are provided for your organized responses, THE TEST PAPER IS YOURS TO KEEP. IF YOU CANNOT FOLLOW THESE INSTRUCTIONS YOUR PROFESSOR WILL NOT GRADE YOUR PAPER . This midterm consists of 3 questions over 2 category types; i). Category A type: MULTIPLE CHOICE ; Select the best answer” for each of the following unrelated multiple choice questions. For example, if (a) is the best answer for item (1), WRITE DOWN 1 ). a " in your Examination Booklet . Failure to WRITE DOWN your answers as above in your Examination Booklet for whatever reason will result in a zero grade in the multiple choice section. If more than one answer is given for any question, that question will not be marked. Incorrect answers will be marked as zero. No account will be taken of any explanations you offer. ii). Category B type: A Comprehensive analytical and theoretical problem.
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3 Question # 1: (1 Mark Each ) 1). A normal cost system: a). Is more accurate than a standard cost system. b). Requires less information prior to production than an actual cost system. c). Allows the determination of product cost at an earlier time than does an actual cost system. d).
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ADMS2510F.MT205 - Fall 2005 York University Atkinson...

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