A division earns an annual operating profit of USD200,000 and has a return on investment of 20% per annum.What is its residual income at an imputed interest rate of 15% per annum?

1 .Which of the following are involved in the planning and control cycle? (1) The identification of alternative courses of action.(2) The preparation of annual budgets.(3) Responding to differences between actual and planned performance.

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

题型: 单选题 提问时间: 2021-08-22

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2 .Which of the following factors is least likely to motivate managers to achieve higher levels of performance?

A A reward system B A top-down approach to budgeting C A non-accounting style of management D Setting targets higher than intended achievement

题型: 单选题 提问时间: 2021-08-22

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3 .The following statements relate to managerial incentive schemes:(1) The primary objective of a reward scheme is to motivate managers to achieve organisational objectives.(2) A good reward scheme is which is objective, unbiased and consistently applied.(3) All rewards are tangible and have a monetary value.Which statements are true?

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

题型: 单选题 提问时间: 2021-08-22

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4 .Which of the following are types of incentive schemes?(1) Profit-related pay schemes(2) Share option schemes(3) Retirement benefit schemes(4) Individual bonuses.

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: 2021-08-22

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6 .Which of the following costs would be considered to be the responsibility of the manager of a profit centre? (1) Direct labour(2) Variable production overhead(3) Imputed interest on capital invested(4) Depreciation on machinery

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

题型: 单选题 提问时间: 2021-08-22

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7 .A chain of supermarkets compares the performance of its fleet of delivery lorries with that of a successful company that delivers goods by road.Which type of benchmarking is it using?

A Internal B Competitive C Functional D Strategic

题型: 单选题 提问时间: 2021-08-22

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8 .A division earns a residual income of USD200,000. The imputed interest charge is USD150,000 and its cost of capital is 20% per annum.What is the division’s return on capital employed?

A 5.3% B 6.7% C 26.7% D 46.7%

题型: 单选题 提问时间: 2021-08-22

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9 .Which term is applied to management’s ability to monitor and supervise expenditure in order to ensure that organizational objectives are achieved?

A Cost control B Cost reduction C Cost allocation D Cost absorption

题型: 单选题 提问时间: 2021-08-22

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10 .Which of the following is a feasible value for the correlation coefficient?

A – 2.0 B – 1.2 C 0 D + 1.2

题型: 单选题 提问时间: 2021-08-22

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