cost accounting test bank chapter 14.docx

cost accounting test bank chapter 14.docx

《cost accounting test bank chapter 14.docx》由会员分享，可在线阅读，更多相关《cost accounting test bank chapter 14.docx（58页珍藏版）》请在冰豆网上搜索。

costaccountingtestbankchapter14

CostAccounting,15e（Horngren/Datar/Rajan）

Chapter14CostAllocation,Customer-ProfitabilityAnalysis,andSales-VarianceAnalysis

Objective14.1

1）CostswhichareNOTeconomicallyfeasibletotracebutwhicharerelatedtoacostobjectareknownas________.

A）incrementalcosts

B）marginalcosts

C）indirectcosts

D）variablecosts

Answer:

C

Diff:

1

Objective:

1

AACSB:

Analyticalthinking

2）Thereportingandassessmentofrevenuesearnedfromcustomersandthecostsincurredtoearnthoserevenuesis________.

A）creditor-ageanalysis

B）customer-profitabilityanalysis

C）debtor-costanalysis

D）customer-turnoveranalysis

Answer:

B

Diff:

1

Objective:

1

AACSB:

Analyticalthinking

3）Customerrevenuesand________arethedeterminantsofcustomerprofitability.

A）customerprofile

B）customercosts

C）customerlocation

D）customerindustry

Answer:

B

Diff:

2

Objective:

1

AACSB:

Analyticalthinking

4）Thecostofvisitingcustomerswouldmostlikelybeclassifiedasa________.

A）customeroutputunit-levelcost

B）customerbatch-levelcost

C）customer-sustainingcost

D）corporate-sustainingcost

Answer:

C

Diff:

1

Objective:

1

AACSB:

Analyticalthinking

5）Costsincurredtohandleeachunitsoldwouldmostlikelybeclassifiedasa________.

A）customeroutputunit-levelcost

B）customerbatch-levelcost

C）customer-sustainingcost

D）corporate-sustainingcost

Answer:

A

Diff:

1

Objective:

1

AACSB:

Analyticalthinking

6）Thecostofthemanagerofaretaildistributionchannelwouldmostlikelybeclassifiedasa________.

A）customer-sustainingcost

B）distribution-channelcost

C）customerbatch-levelcost

D）corporate-sustainingcost

Answer:

B

Diff:

1

Objective:

1

AACSB:

Analyticalthinking

7）Costsincurredtoprocessorderswouldmostlikelybeclassifiedasa________.

A）customeroutputunit-levelcost

B）customerbatch-levelcost

C）customer-sustainingcost

D）corporate-sustainingcost

Answer:

B

Diff:

1

Objective:

1

AACSB:

Analyticalthinking

8）Toimprovecustomerprofitability,companiesshouldtrack________.

A）onlythefinalinvoicepriceofasale

B）thevolumeoftheproductspurchasedbyeachcustomer

C）thelocationofeachcustomer

D）thecustomerprofile

Answer:

B

Diff:

2

Objective:

1

AACSB:

Analyticalthinking

9）Customersmakinglargecontributionstotheprofitabilityofthecompanyshould________.

A）betreatedthesameasothercustomersbecauseallcustomersareimportant

B）receiveahigherlevelofattentionfromthecompanythanlessprofitablecustomers

C）bechargedhigherpricesforthesameproductsthanlessprofitablecustomers

D）notbeofferedthevolume-basedpricediscountsofferedtolessprofitablecustomers

Answer:

B

Diff:

2

Objective:

1

AACSB:

Analyticalthinking

10）Toreducedistribution-channelcosts,acompanycould________.

A）improvetheefficiencyoftheorderingprocess

B）makefewercustomervisits

C）eliminatedistributiontoretailersandonlyservicewholesalers

D）reduceproduct-handlingcosts

Answer:

C

Diff:

3

Objective:

1

AACSB:

Analyticalthinking

11）Pricediscountsareinfluencedby________.

A）thevolumeofproductpurchased

B）theprimecostofproduction

C）theoperationalbudget

D）thecontribution-marginperunit

Answer:

A

Diff:

3

Objective:

1

AACSB:

Analyticalthinking

12）Managersusecustomer-profitabilityanalysisreporttoensurethat________.

A）unpaidinvoicesarecategorizedaccordingtoagebyduedate

B）costsrelatedtocustomersaresegmentedintodifferentcostpoolsonthebasisofdifferenttypesofcostdriversorcost-allocationbases

C）customersmakinglargecontributionstotheoperatingincomeofacompanyreceiveahighlevelofattentionfromthecompany

D）costallocationofindirectcostisinplace

Answer:

C

Diff:

2

Objective:

1

AACSB:

Analyticalthinking

13）Whichofthefollowingillustratesapurposeforallocatingcoststocostobjects?

A）toprovideinformationforcost-controlandpricingdecisions

B）toprovideinformationtocustomers

C）todeterminemarginalcost

D）tomeasurecapitalexpenditure

Answer:

A

Diff:

2

Objective:

1

AACSB:

Analyticalthinking

14）Thecostsofallsixvalue-chainfunctionsshouldbeincludedwhendetermining________.

A）theprimecostofaproduct

B）thesellingpriceofaproduct

C）thecontributionmarginperunit

D）thecostofcapital

Answer:

B

Diff:

3

Objective:

1

AACSB:

Analyticalthinking

15）Whichpurposeofcostallocationisusedtoencouragesalesrepresentativestopushhigh-marginproductsorservices?

A）toprovideinformationforeconomicdecisions

B）tomotivatemanagersandotheremployees

C）tojustifycostsorcomputereimbursement

D）tomeasureincomeandassetsforreportingtoexternalparties

Answer:

B

Diff:

2

Objective:

1

AACSB:

Analyticalthinking

16）Costsofactivitiestoselleachunittoacustomerisanexampleof________.

A）customer-sustainingcosts

B）division-sustainingcosts

C）customeroutputunit-levelcosts

D）distribution-channelcosts

Answer:

C

Diff:

2

Objective:

1

AACSB:

Analyticalthinking

17）________categorizescostsrelatedtocustomersintodifferentcostpoolsonthebasisofeitherdifferentclassesofcostdriversordifferentdegreesofdifficultyindeterminingthecause-and-effect（orbenefits-received）relationships.

A）Customer-profitabilityanalysis

B）Customerrevenues

C）Customercosthierarchy

D）Pricediscounting

Answer:

C

Diff:

1

Objective:

1

AACSB:

Analyticalthinking

18）Toanalyzecustomerprofitability,corporate-sustainingcostsshouldbeallocatedtocustomers.

Answer:

FALSE

Explanation:

Theallocationofcorporate-sustainingcostsservesnopurposeinassessingcustomerprofitability,decisionmaking,performanceevaluation,ormotivation.

Diff:

2

Objective:

1

AACSB:

Analyticalthinking

19）Costsofactivitiesrelatedtoagroupofunitssoldtoacustomeristermedascustomerbatch-levelcosts.

Answer:

TRUE

Diff:

1

Objective:

1

AACSB:

Analyticalthinking

20）Apricediscountisthereductioninsellingpricebelowlistsellingpricetoencouragecustomersto

purchasemorequantities.

Answer:

TRUE

Diff:

1

Objective:

1

AACSB:

Analyticalthinking

21）Trackingpricediscountsbycustomerandbysalespersonhelpsimprovecustomerprofitability.

Answer:

TRUE

Diff:

1

Objective:

1

AACSB:

Analyticalthinking

22）Customer-profitabilityanalysisisthereportingandassessmentofrevenuesearnedfromcustomersandthecostsincurredtoearnthoserevenues.

Answer:

TRUE

Diff:

1

Objective:

1

AACSB:

Analyticalthinking

23）Costsofdisplaysatcustomersitesisanexampleofcustomerbatch-levelcosts.

Answer:

FALSE

Explanation:

Costsofdisplaysatcustomersitesisanexampleofcustomer-sustainingcosts.

Diff:

2

Objective:

1

AACSB:

Analyticalthinking

24）Customer-sustainingcostsisthecostsofactivitiestosupportindividualcustomers,regardlessofthenumberofunitsorbatchesofproductdeliveredtothecustomer.

Answer:

TRUE

Diff:

2

Objective:

1

AACSB:

Analyticalthinking

25）Allcustomersareequallyimportanttoacompanyandshouldreceiveequallevelsofattention.

Answer:

FALSE

Explanation:

Customersshouldreceivealevelofattentionfromthecompanythatmatchestheircontributiontothecompany'sprofitability.

Diff:

2

Objective:

1

AACSB:

Analyticalthinking

26）Pricediscountsmustbeuniformamongallcustomers.

Answer:

FALSE

Explanation:

Pricediscountswilldependonthesizeofthepurchaseandtheimportanceofthecustomer.

Diff:

2

Objective:

1

AACSB:

Analyticalthinking

27）Therearetwoelementsthatinfluencecustomerprofitability-revenuesandcosts.

Answer:

TRUE

Diff:

2

Objective:

1

AACSB:

Analyticalthinking

28）Companiesthatonlyrecordtheinvoicepricecanusuallytrackthemagnitudeofpricediscounting.

Answer:

FALSE

Explanation:

Totrackdiscounting,thediscountmustberecorded.

Diff:

2

Objective:

1

AACSB:

Analyticalthinking

29）Acustomercosthierarchycategorizescostsrelatedtocustomersintodifferentcostpoolsonthebasisofdifferentcostdrivers.

Answer:

TRUE

Diff:

2

Objective:

1

AACSB:

Analyticalthinking

30）Anactivity-basedcostingsystemmayfocusoncustomersratherthanproducts.

Answer:

TRUE

Diff:

2

Objective:

1

AACSB:

Analyticalthinking

31）Acustomercosthierarchymayincludecustomer-sustainingcosts.

Answer:

TRUE

Diff:

2

Objective:

1

AACSB:

Analyticalthinking

32）Acustomercosthierarchymayincludedistribution-channelcosts.

Answer:

TRUE

Diff:

1

Objective:

1

AACSB:

Analyticalthinking

33）Corporate-sustainingcostsarecostsofactivitiestosupportindividualcustomers,regardlessofthenumberofunitsorbatchesofproductdeliveredtothecustomer.

Answer:

FALSE

Explanation:

Customer-sustainingcostsarecostsofactivitiestosupportindividualcustomers,regardlessofthenumberofunitsorbatchesofproductdeliveredtothecustomer.

Diff:

2

Objective:

1

AACSB:

Analyticalthinking

34）Ingeneral,distribution-channelcostsaremoreeasilyinfluencedbycustomeractionsthancustomerbatch-levelcosts.

Answer:

FALSE

Explanation:

Ingeneral,customerbatch-levelcostsaremoreeasilyinfluencedbycustomeractionsthandistribution-channelcosts.

Diff:

3

Objective:

1

AACSB:

Analyticalthinking

35）Ifoneoffivedistributionchannelsisdiscontinued,corporate-sustainingcostssuchasgeneraladministrationcostswillmostlikelybereducedby20%.

Answer:

FALSE

Explanation:

Ifoneoffivedistributionchannelsisdiscontinued,corporate-sustainingcostssuchasgeneraladministrationcostswillmostlikelynotbeaffected.

Diff:

3

Objective:

1

AACSB:

Analyticalthinking

36）ColiseServicesisarep