Chapter 14A The Direct Method of Determining the Net Cash Provided by Operating Activities
Chapter 13A The Concept of Present Value
Chapter 10A Predetermined Overhead Rates and Overhead Analysis in a Standard Costing System
Chapter 07B Using a Modified Form of Activity-Based Costing to Determine Product Costs for External Reports
Chapter 2 Cost Terms, Concepts, and Classifications
True/False Questions 1. The sum of all costs of manufacturing costs except direct materials is called manufacturing overhead. Ans: False AACSB: Reflective Thinking AICPA BB: Critical Thinking AICPA FN: R
Exam 1 Spring 2010
Select the best answer for each of the following questions. Mark your answer in the test booklet and
on the answer sheet.
A. has its primary emphasis on the future.
B. is required by regulatory bodie
Test 1 Spring 2008 Chapters 1-3 Name: _
1. Managerial accounting:
A) is more future oriented than financial accounting.
B) tends to summarize information more than financial accounting
C) is primarily concerned with providing information to external
Principles of Accounting II Exam 1 -2010 Version
1-16. Decentralization refers to:
A. reporting for the company as a whole.
B. focusing reporting on parts of the company.
C. the delegation of decision-making authority throughout an organization.
True / False Questions 1. Managerial accounting is primarily concerned with the organization as a whole rather than with segments of the organization. FALSE 2. Managerial accounting places less emphasis on nonmonetary data than financial accounting. FALSE