MCQOPTIONS
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MCQOPTIONS
This section includes 69 Mcqs, each offering curated multiple-choice questions to sharpen your Cost Accounting knowledge and support exam preparation. Choose a topic below to get started.
| 51. |
The way an organization matches its capabilities with available opportunities to accomplish its goals is called |
| A. | elasticity incurrence |
| B. | off shoring |
| C. | strategy |
| D. | engineering |
| Answer» D. engineering | |
| 52. |
Considering two fiscal years 2013 and 2014, if the selling price in 2013 and 2014 is $55 and $60 per unit respectively and actual units sold in 2013 are 25000 units, then revenue effect of price recovery will be |
| A. | $14,500 |
| B. | $135,000 |
| C. | $125,000 |
| D. | $12,500 |
| Answer» D. $12,500 | |
| 53. |
An example of customer perspective in balanced scorecard is |
| A. | employee turnover rates |
| B. | operating capabilities and number of patents |
| C. | operating income and revenue growth |
| D. | customer satisfaction and market share |
| Answer» E. | |
| 54. |
An example of financial perspective in balanced scorecard is |
| A. | employee turnover rates |
| B. | operating capabilities and number of patents |
| C. | operating income and revenue growth |
| D. | customer satisfaction and market share |
| Answer» D. customer satisfaction and market share | |
| 55. |
The quantity of produced output is divided with the cost of all used inputs to calculate |
| A. | engineered productivity |
| B. | targeted productivity |
| C. | partial productivity |
| D. | total factor productivity |
| Answer» E. | |
| 56. |
In strategy formulation, the forces that must be focused for industry analysis include |
| A. | potential entrants in market |
| B. | customer's bargaining power |
| C. | supplier's bargaining power |
| D. | all of above |
| Answer» E. | |
| 57. |
The balanced scorecard perspective focuses on all the operations, and it leads to value creation process for customers, can be categorized as |
| A. | learning perspective |
| B. | financial perspective |
| C. | internal business process perspective |
| D. | customer perspective |
| Answer» D. customer perspective | |
| 58. |
In operating income strategic analysis, a component which measures the change in operating income attributed to the change in output quantity is classified as |
| A. | internal process component |
| B. | growth component |
| C. | price recovery component |
| D. | productivity component |
| Answer» C. price recovery component | |
| 59. |
An organization's ability to offer market offerings at lower prices, in comparison with its competitors is known as |
| A. | inelastic demand |
| B. | product differentiation |
| C. | cost leadership |
| D. | elastic demand |
| Answer» D. elastic demand | |
| 60. |
The sum of cost of direct materials, costs of buildings, equipment, research and development costs is classified as |
| A. | throughput costs |
| B. | investments |
| C. | operating costs |
| D. | marginal costs |
| Answer» C. operating costs | |
| 61. |
The number of employees that indicate high ratings of satisfaction, divided by number of surveyed employees are to calculate |
| A. | employee satisfaction |
| B. | employee turnover |
| C. | employee training |
| D. | employee failures |
| Answer» B. employee turnover | |
| 62. |
A product performance in comparison to its features and design is classified as |
| A. | learning quality |
| B. | design quality |
| C. | conformance quality |
| D. | business process quality |
| Answer» D. business process quality | |
| 63. |
If the number of processes, in which employees who can make decisions are 20 and the number of processes are 50, then employee empowerment ratio will be |
| A. | 0.9 |
| B. | 0.4 |
| C. | 0.3 |
| D. | 0.8 |
| Answer» C. 0.3 | |
| 64. |
The consumed time to deliver a complete order to its customers is termed as |
| A. | responding time |
| B. | value chain time |
| C. | delivery time |
| D. | manufacturing cycle efficiency |
| Answer» D. manufacturing cycle efficiency | |
| 65. |
In operating income strategic analysis, the strategic component which measures change in cost attributed to price of input in current year, relative to price of input material in last year, can be classified as |
| A. | internal process component |
| B. | growth component |
| C. | price recovery component |
| D. | productivity component |
| Answer» E. | |
| 66. |
An amount of available capacity other than employed capacity, to meet the customer's demand, is classified as |
| A. | targeted capacity |
| B. | budgeted capacity |
| C. | recovery capacity |
| D. | unused capacity |
| Answer» E. | |
| 67. |
The balanced scorecard perspective measures company's success in targeted segments of customers, this perspective can also be classified as |
| A. | internal business process perspective |
| B. | customer perspective |
| C. | learning perspective |
| D. | financial perspective |
| Answer» C. learning perspective | |
| 68. |
Considering two fiscal years 2013 and 2014, the actual units sold in 2013 and 2014 are 11000 and 12500 units respectively, and selling price in year 2013 is $50, then revenue effect of growth will be |
| A. | $70,000 |
| B. | $75,000 |
| C. | $65,000 |
| D. | $73,000 |
| Answer» C. $65,000 | |
| 69. |
In response to challenges arisen by competitors and new entrants, the strategy which must be considered by the company does include |
| A. | cost leadership |
| B. | demand inelasticity |
| C. | differentiated products |
| D. | both a and c |
| Answer» E. | |