Data relating to a particular stores item are as follows:What reorder level (in units) will prevent stock outs?

1 .The following statements relate to stratified random sampling:(1) Every item in the population has an equal chance of being selected.(2) The sample proportionately represents items in different sub-populations.(3) The sample is more representative of the target populations than the accessible population.Which of the statements, if any, is true?

A 1 only B 2 only C 3 only D None of them

题型: 单选题 提问时间: 2021-08-22

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2 .A company purchased a machine several years ago for USD20,000 which has a carrying amount of USD6,000. However, as the machine is no longer used on normal production work it is to be written down to its recoverable amount, which is USD4,000.A project is now being considered which could make use of this machine for three months; after this time the machine would be sold for USD3,000.What is the machine’s relevant cash flow for the evaluation of the project?

A USD1,000 B USD2,000 C USD3,000 D USD4,000

题型: 单选题 提问时间: 2021-08-22

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3 .The demand for a product is 12,500 units for a three month period. Each unit of product has a purchase price of USD15 and ordering costs are USD20 per order placed.The annual holding cost of one unit of product is 10% of its purchase price.What is the Economic Order Quantity (to the nearest unit)?

A 577 B 816 C 866 D 1,155

题型: 单选题 提问时间: 2021-08-22

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4 .The following variances have been calculated for an organisation using a total absorption costing system.(1)Sales margin volume variance(2)Fixed overhead expenditure variance(3)Fixed overhead volume varianceWhich of these would also be calculated if the organisation used marginal costing?

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

题型: 单选题 提问时间: 2021-08-22

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6 .A company uses 9,000 units of a component a year. The component has a purchase price of USD40 per unit and the cost of placing an order is USD160. The annual holding cost of one component is equal to 8% of its purchase price. What is the Economic Order Quantity (to the nearest unit) of the component?

A 530 B 671 C 949 D 1,342

题型: 单选题 提问时间: 2021-08-22

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7 .Which one of the following best describes a standard cost?

A The planned unit cost of a product, component or service in a period. B The budgeted cost attributed to the level of activity achieved in a budget centre in a control period. C The budgeted production cost attributed to the level of activity in a budget period. D The budgeted non production cost f...

题型: 单选题 提问时间: 2021-08-22

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8 .Which of following may account for a favourable materials variance?

A General inflation B Poorly trained machine operators C Increased exchange rates for imported materials D Scarcity in supply of materials

题型: 单选题 提问时间: 2021-08-22

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9 .Which TWO of the following are true for a flexed budget? (1)It allows for comparison of like with like(2)It takes account of the cost behaviour of different items(3)It is continuously updated to reflect actual results(4)It is an original budget changed only for an actual level of activity.

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

题型: 单选题 提问时间: 2021-08-22

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