Account

9 Questions  I  By Heathp123 on June 22, 2011
cost accounting 

  

Question Excerpt

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1.  In joint costing:
A.
B.
C.
D.
2.  A negative consequence of recording byproducts in the accounting records when the sale occurs is that
A.
B.
C.
D.
3.  Effective planning of variable overhead costs includes all of the following EXCEPT:
A.
B.
C.
D.
4.  Which statement is NOT true regarding the sales method of accounting for byproducts
A.
B.
C.
D.
5.  All of the following are true regarding target costing EXCEPT
A.
B.
C.
D.
6.  Which of the following is NOT a characteristic of a management control system?
A.
B.
C.
D.
7.  Effective planning of fixed overhead costs includes all of the following EXCEPT:
A.
B.
C.
D.
8.  Life-cycle budgeting
A.
B.
C.
D.
9.  Special cost-allocation problems arise when:
A.
B.
C.
D.
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