Deneme Sınavı Soruları

Under which method, only the direct material cost is the product cost, while all other manufacturing related expenditures are considered as period expenses to be reported in the income statement?

1. These budgets are prepared to prevent the unexpected effects of uncertainties in activity volumes.
2. This kind of budgets is prepared for a specific interval, rather than a specific activity level, by considering the cost behavior pattern.
3. These budgets help management with the variance analysis and make it easier to match the variances with the corresponding responsibility centers.

Which type of budgets is defined above?

In which costing method costs of indirect manufacturing factors are allocated to products depending on the utilization rates of these factors?

1. With the kaizen budgets, expectations on continuous improvement are incorporated with the budgeting process.
2. Kaizen budgeting approach is much more effective when combined with activity-based budgeting technique.
3. Kaizen budgeting should not be confused with traditional cost-cutting methods, in which the level of productive activities is decreased in cases of diminishing profits, decreasing sales, etc.
4. Kaizen budgeting is related to performing the same activities with higher efficiency and higher quality.
5. Managers may apply kaizen in both internal and external improvements.

Which of the statement/s above about the kaizen budgeting is/are correct?

In which method, are expenditures for all manufacturing related factors included in the product cost?

.......................................d, which is also called as super variable costing, does not have widespread use in practice. Under this method, only the direct material cost is the product cost, while all other manufacturing related expenditures are considered as period expenses to be reported in the income statement.

Which of the following should come to the dotted place according to the whole sentence?

"In order to use their time more effectively, managers separate the deviations as significant and insignificant deviations and follow up only the material ones." What is this procedure called?

1. Short-term budgets
2. Long-term budgets
3. Master budgets
4. Static (fixed) budgets
5. Flexible budgets

Which of the above are the budget types depending on the classification according to capacity utilization?

In which method product cost is calculated at year-end by using the cost data that incurred during the year?

Which of the following terms refers to the difference between the actual results and budgeted amounts?

Which of the following is the type of budget that managers focus on the activities and resources needed to meet the customer demands for the following year? 

What is the purpose of management's standards in budgeting?

Which of the following focuses on the units that
employees produce and ignores the time spent

Which of the following is included in the "Determining Product Costs and Pricing" purpose of cost accounting?

According to the FIFO method which one of the following is the cost of materials used for production?

Which of the following support departments deal with the the direct costs of other departments?

Which of the following is directly recognized as an expense without being included in the manufacturing cost?

....................................it is assumed that the material issued to the production is from the initial purchased material from the inventory.

Which of the following should come to the dotted place according to the whole sentence?

Which of the following is not included in the elements of labor cost?