Fawcett manufactures chemical P25 in its factory. During the month of March, 10,000 kilosof materials were input into process 1 at a cost of $100,000. Labour and other costs of theprocess for the month were $69,600. Output for the month was 8,500 kilos of chemical P25.Fawcett expects normal losses of 5% of materials in the process. These can be sold for ascrap value of $1 per kilo.What was the value of output for the month of March?

1 .Which of the following are used in assessing value for money?(1) Earnings(2) Effectiveness(3) Efficiency(4) Evaluation

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

题型: 单选题 提问时间: 2021-08-23

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2 .A company has current assets of $1·8m, including inventory of $0·5m, and current liabilitiesof $1·0m.What would be the effect on the value of the current and acid test ratios if the companybought more raw material inventory on three months’ credit?

A Current ratio: Increase;Acid test: Increase B Current ratio: Decrease;Acid test: Increase C Current ratio: Increase;Acid test: Decrease D Current ratio: Decrease;Acid test: Decrease

题型: 单选题 提问时间: 2021-08-23

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3 .

A 12,428 B 12,580 C 12,732 D 13,990

题型: 单选题 提问时间: 2021-08-23

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4 .Which of the following statements about a participative approach to budgeting are true?(1) It uses a top-down approach rather than a bottom-up approach(2) Budgets are likely to be more realistic than under a non-participative approach(3) The risk of budgetary slack is increased as compared with a non-participativeapproach(4) Budget holders have more autonomy than under an authoritative approach

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

题型: 单选题 提问时间: 2021-08-23

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5 .Alfa is considering an investment in three-year project. This would involve USD 60,000 being spent on new equipment. It is expected that this could be sold for USD 10,000 at the end of the project. The project is expected to generate net cash inflows of USD 20,000 which should be assumed to arise at the end of each year. The cost of capital is 8%.What is the net present value of the project?

A $1,540,positive B $520,negative C $1,110,negative D $16,400,negative

题型: 单选题 提问时间: 2021-08-23

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7 .Budgeted production in a factory for next period is 4,800 units. Each unit requires five labourhours to make. Labour is paid $10 per hour. Idle time represents 20% of the total labourtime.What is the budgeted total labour cost for the next period?

A $192,000 B $240,000 C $288,000 D $300,000

题型: 单选题 提问时间: 2021-08-23

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8 .Which of the following are perspectives of the Balanced Scorecard?(1) Customer(2) Internal business process(3) Human resource planning(4) Financial

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

题型: 单选题 提问时间: 2021-08-23

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9 .Which of the following statements about the return on investment method ofperformance measurement are true?(1) It enables comparison of performance of divisions which are not of common size(2) Managers’ decisions will be congruent with the goals of the organisation(3) It does not take account of the risk of project investments being undertaken(4) Managers will be encouraged to invest in projects with higher returns

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

题型: 单选题 提问时间: 2021-08-23

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10 .In the four week production period just completed, Brown produced 570 units. The standardlabour cost for each unit was $13.50, based on budgeted production of 550 units. The actuallabour cost for the period was $8,238. There was no efficiency variance.What was the labour rate variance for the period?

A $543 adverse B $543 favourable C $813 adverse D $813 favourable

题型: 单选题 提问时间: 2021-08-23

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