第一章 单元测试

1、单选题：
Which of the following statements is correct?（ ）
选项：
A:Management accounting provides more useful information for management than financial accounting
B:Management accounting is a sub-set of cost accounting
C:Management accounting never considers historic information
D:Management accounting is more highly regulated than cost accounting
答案: 【Management accounting provides more useful information for management than financial accounting】

2、单选题：
Which of the following wage costs would not be classified as direct labour?（ ）
选项：
A:A stores assistant in a storeroom
B:Assembly workers
C:Plasterers in a building company
D:An audit clerk in an accountancy firm
答案: 【A stores assistant in a storeroom】

3、单选题：
The total of all direct costs of production is also known as:（ ）
选项：
A:Relevant cost
B:Prime cost
C:Fixed cost
D:Variable cost
答案: 【Prime cost】

4、多选题：
Which of the followings are true about the main purposes of management accounting? （ ）
选项：
A:Control
B:Reporting
C:Planning
D:Decision making
答案: 【Control;
Planning;
Decision making】

5、判断题：
In the long term, all costs are controllable.（ ）
选项：
A:错
B:对
答案: 【对】

第二章 单元测试

1、单选题：
A company produced 5,000 units of Product A last month. The opening and closing inventory of Product A was 400 units and 900 units respectively. The Standard cost card for Product A was as follows: $ per unitSelling price 20.0Direct costs 6.0Variable production overhead costs 3.5Fixed production overhead costs 5.9Gross profit 4.6What is the gross profit for Product A last month, using absorption costing? （ ）
选项：
A:52,500
B:20,700
C:23,000
D:47,250
答案: 【20,700】

2、单选题：
A company produced 21,000 units of Product A last month, but the actual sales were only 18,000 units. The Standard cost card for Product A was as follows: $ per unitSelling price 65.0Direct materials 15.0Direct labor 8.0Variable overhead 2.0Fixed overhead 10.0What is the gross contribution for Product A last month, using marginal costing?（ ）
选项：
A:630,000
B:840,000
C:720,000
D:540,000
答案: 【720,000】

3、单选题：
If inventory levels have increased during the period. the profit calculated using marginal costing when compared with that calculated using absorption costing will be:（ ）
选项：
A:Impossible to answer without further Information
B:Equal
C:Lower
D:Higher
答案: 【Lower】

4、单选题：
Which of the following would be considered to be disadvantages of using marginal costing in order to set the selling price of a product? （ ）
选项：
A:It ignores the presence of scarce resources.
B:It gives management the option of pricing below total cost when times are bad, in order to fill capacity.
C:It ignores relevant costs and opportunity costs.
D:The mark- up is more arbitrary than that used in full cost plus pricing
答案: 【The mark- up is more arbitrary than that used in full cost plus pricing】

5、判断题：
Marginal costing treats fixed production overheads as a period cost, absorption costing treats fixed production overheads as a product cost.（ ）
选项：
A:对
B:错
答案: 【对】