Accounting 107 exam 3 study guide rev04

Accounting 107 exam 3 study guide rev04 - Accounting 107...

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Accounting 107 Review Exam 3 This exam consists of 50 equally weighted questions. Chapter Conceptual Problem or Computation Total 9 10 2 12 10 5 6 11 11 8 7 15 13 9 3 12 Total 32 18 50 Review all homework and quizzes. There are no preformatted worksheets on the exams. Chapter 9 Conceptual objectives: C1. Explain departmentalization and the role of departmental accounting. C2. Distinguish between direct and indirect expenses. C3. Identify bases for allocating indirect expenses to departments. C4. Explain controllable costs and responsibility accounting. C5. Explain transfer pricing and methods to set transfer prices. C6. Describe allocation of joint costs across products. Analytical objectives: A1. Analyze investment centers using return on assets, residual income, and balanced scorecard. A2. Analyze investment centers using profit margin and investment turnover. Procedural objectives:
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Accounting 107 exam 3 study guide rev04 - Accounting 107...

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