A company’s budgeted sales for last month were 8,000 units with a standard unit selling price of USD50. The company generates USD0.40 contribution for each USD1 of revenue (i.e. has a contribution to sales ratio of 40%). Actual sales of 8,400 units resulted in total revenue of USD409,500.What was the sales volume contribution variance?

1 .Consider the following incomplete statements relating to management information:(1) clear to the user(2) detailed and completely accurate(3) provided whatever the cost(4) relevant for purpose.Which of the above are necessary features of useful management information?

A 1 and 2 only B 1 and 4 only C 2 and 4 only D 1, 2 and 3 only

题型: 单选题 提问时间: 2021-08-22

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2 .What is the purpose of management information?

A Planning only B Planning and control only C Planning, control and decision-making only D Planning, control, decision-making and research and development

题型: 单选题 提问时间: 2021-08-22

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3 .Which of the following are characteristics of management accounting information?(1) Non-financial as well as financial(2) Used by all stakeholders(3) Concerned with cost control only(4) Not legally required

A 1 and 4 only B 2 and 3 only C 1, 2 and 3 only D 2, 3 and 4 only

题型: 单选题 提问时间: 2021-08-22

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4 .Which of the following statements about cost and management accounting are true? (1) Cost accounting cannot be used to provide inventory valuations for external financial reporting(2) There is a legal requirement to prepare management accounts(3) The format of management accounts may vary from one business to another(4) Management accounting provides information to help management make business decisions

A 1 and 2 only B 1 and 4 only C 2 and 3 only D 3 and 4 only

题型: 单选题 提问时间: 2021-08-22

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5 .Which of the following are characteristics of management accounting information? (1) Forward looking(2) Legally required(3) Concerned with cost control(4) Follows clearly defined standards

A 1 and 3 only B 2 and 4 only C 1, 3 and 4 only D 1, 2 and 3 only

题型: 单选题 提问时间: 2021-08-22

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7 .Consider the following incomplete statements relating to features of management information:(1) Communicated in writing(2) Presented in report format(3) Supported by calculations(4) Timely and clear to the userWhich of the above are necessary features of useful management information?

A 4 only B 2 and 3 only C 1 and 4 only D 1, 2 and 3 only

题型: 单选题 提问时间: 2021-08-22

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8 .Which sampling method selects items from identifiable sub-populations?

A Cluster B Multi-stage C Simple random D Stratified

题型: 单选题 提问时间: 2021-08-22

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9 .Which of the following selection methods provide a sample which is representative of a population?(1) Cluster(2) Multi-stage(3) Quota sampling(4) Simple random

A 1 and 3 only B 1 and 4 only C 2 and 3 only D 2 and 4 only

题型: 单选题 提问时间: 2021-08-22

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10 .After a time series exercise had been performed on a collection of quarterly data the following key figures were identified for Year 2 Quarter 3:Trend 　　　　　　　+102Average seasonal variation -5Residual variation 　　　　+4What was the original data for this quarter?

A 93 B 101 C 103 D 111

题型: 单选题 提问时间: 2021-08-22

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