Which of the following relates to management accounts and which to financial acc-新东方在线职业题库

新东方在线题库 > ACCA英国注册会计师试题 > F2 > Chapter1-3 > Which of t...

Which of the following relates to management accounts and which to financial accounts?

Management accounts Financial accounts

Prepared yearly

For internal use

Contains future information

Chapter1Accountingformanagement

Management accounts Financial accounts

Prepared yearly 对

For internal use 对

Contains future information 对

多做几道

What does an adverse variable overhead efficiency variance indicate and what might be the cause?

Explain briefly the possible causes of

(i) A favourable material usage variance

(ii) A favourable labour rate variance

(iii) An adverse sales volume contribution variance.

What is the relationship between the labour efficiency variance and the variable overhead efficiency variance? Why might the monetary value be different?

Explain the meaning and relevance of interdependence of variances when reporting to managers.

A balanced scorecard measures performance 什om four perspectives: customer satisfaction, growth, financial success and process efficiency. Briefly explain these processes.

最新试题

该科目易错题

该题目相似题

In which ways do management accountants helps manager of a business? YES NOControl Plan Co-ordinate Make decisions Motivate
A manufacturing company uses 28,000 components at an even rate during the year. Each order placed with the supplier of the components is for 1,500 components, which is the economic order quantity. The company holds a buffer inventory of 700 components. The annual cost of holding one component in inventory is $B.What is the total annual cost of holding inventory of the component? $ O
The following represent transactions on the material account for a company for the month of March 20X8: $000sIssued to production 144Returned to stores 5The material inventory at 1 March 20X8 was $23,000 and at 31 March 20X8 was $15,000. How much material was purchased in March 20X8? $ O
Your firm values inventory using the weighted average cost method. At 1 October 20X8, there were 60 units in inventory valued at $12 each. On 8 October, 40 units were purchased for $15 each, and a further 50 units were purchased for $18 each on 14 October. On 21 October, 75 units were sold for $1,200.What was the value of closing inventory at 31 October 20X8? $ O
Exp has compiled the following standard cost card for its main product.Production costs $Fixed 33.00Variable 45.10Selling costs Fixed 64.00Variable 7.20Profit 14.70Selling price 164.00What would the closing inventory be valued at under an absorption costing system (to 2 decimal places)?
Describe four types of standard.
What does an adverse variable overhead efficiency variance indicate and what might be the cause?
Discuss one potential problem that might be experienced as a result of using ROI to appraise the performance of the divisions.Recommend one alternative performance measure that could be used to address this problem.
Explain the meaning of the term 'critical success factors' in a business giving examples of such factors.
Briefly discuss the strengths and weaknesses of ROI and Rl as methods of assessing the performance of divisions.