Which of the following employees of ABC Corporation is most likely to receive the report regarding the internal audit committee's control findings?
A. Payroll clerk
B. Managerial accountant
C. Chief financial officer
D. Plant manager
正解:C
質問 2:
Cat Hats Inc. produces lines of headwear for cats. They have been asked by a local animal shelter to produce a special order for dogs. Below is a special order differential analysis prepared by their managerial accountant. Using this information, what would be the result of accepting the special order?

A. A differential contribution margin of $550
B. A differential contribution margin of $700
C. A differential profit of ($550)
D. A differential profit of ($700)
正解:C
質問 3:
You are the financial accountant for Antioch Ski Resort. Managers have been promised end-of-year bonuses if profits for the year increase by 10%. At the end of the year, you determine that profits increased by only 8%, and the managers ask you to "fudge the numbers a bit" so they can still receive their bonuses. What should you do?
A. Report the managers to the CEO
B. Consider inflating the profits for the year, since it is only a 2% difference
C. Check whether the company has a policy on resolving ethical conflicts
D. Resign from the company
正解:C
質問 4:
Which row correctly identifies the calculation to establish standard costs for direct materials, direct labor, and factory overhead?

A. Row 2
B. Row 3
C. Row 4
D. Row 1
正解:C
質問 5:
What is the formula to calculate working capital?
A. Current assets - Current liabilities
B. Current assets + Current liabilities
C. Total assets - Total liabilities
D. Total assets - Current liabilities
正解:A
質問 6:
Thompson Dental is deciding between two lease options for a new copier. They anticipate making 22,500 copies spread evenly over the course of the year. Which of the following options should they choose if they want to save the most money on an annual basis, and how much money will they save?
Option 1: Monthly lease: $225, Included copies: 1,500/month, Additional copies: $0.15 per copy Option 2: Monthly lease: $250, Included copies: 1,800/month, Additional copies: $0.02 per copy
A. Option 2; $189 annual savings
B. Option 1; $300 annual savings
C. Option 2; $357 annual savings
D. Option 1; $16 annual savings
正解:C
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