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Cost Accounting Flashcards, test questions and answers

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We've found 61 Cost Accounting tests

Accounting Cost Accounting Tuition And Fees
Chapter 15: Accounting for Colleges and Universities – Flashcards 45 terms
Emily Kemp avatar
Emily Kemp
45 terms
Accounting Cost Accounting Finance Financial Accounting Net Operating Income
Managerial Accounting Final Exam – Flashcards 53 terms
Patrick Turner avatar
Patrick Turner
53 terms
Cause And Effect Diagram Cost Accounting Internal Failure Costs Management Non Value Added Problem Solving
Flashcards with Answers on chapter 5 quiz 47 terms
Jose Escobar avatar
Jose Escobar
47 terms
Accounting Cost Accounting Double Entry Bookkeeping Finance Hand Periodic Inventory System Perpetual Inventory System
CH 12 (Connect) – Flashcards 102 terms
Mike Bryan avatar
Mike Bryan
102 terms
Accounting Cost Accounting Finance Introductory Auditing
audit chapter 12 quiz – Flashcards 113 terms
Brad Bledsoe avatar
Brad Bledsoe
113 terms
Cost Accounting Direct Labor Costs Finance Rights And Obligations
ACCT 4150 Chapter 13 Concepts – Flashcards 47 terms
Stephen Sanchez avatar
Stephen Sanchez
47 terms
Accounting Cost Accounting Enterprise Resource Planning System Finance Intermediate Accounting 1
Fundamentals of Cost Accounting (4th Edition) Ch.1 – Flashcards 25 terms
Joan Grant avatar
Joan Grant
25 terms
Accounting Cost Accounting Finance Financial Accounting Goods And Services
BIS 247s Chapter 3 – Flashcards 41 terms
Sarah Adrian avatar
Sarah Adrian
41 terms
Accounting Cost Accounting Finance Job Order Costing System
True or False – Chap 19 – Flashcards 36 terms
Misty Porter avatar
Misty Porter
36 terms
Accounting Cost Accounting Finance
Cost Accounting – Chapter 7 – Flashcards 5 terms
Stephanie Landry avatar
Stephanie Landry
5 terms
Accounting Cost Accounting Finance Finished Goods Inventory Intermediate Accounting 1 Variable Costs Per Unit
Cost Accounting – Practice Exam 1 (Conceptual Questions) – Flashcards 25 terms
Patricia Smith avatar
Patricia Smith
25 terms
Accounting Cost Accounting Finance Intermediate Accounting 1 Variable Costs Per Unit
Cost Final – Flashcards 38 terms
Stephen Sanchez avatar
Stephen Sanchez
38 terms
Accounting Cost Accounting Finance Financial Accounting Generally Accepted Accounting Principles Intermediate Accounting 1 Sarbanes Oxley Act
ACCT 241 ch.1 – Flashcards 63 terms
James Storer avatar
James Storer
63 terms
Accounting Cost Accounting Finance Financial Accounting
Managerial Accounting Exam #1 Test Questions – Flashcards 50 terms
Christine Brunetti avatar
Christine Brunetti
50 terms
Cost Accounting Finance Generally Accepted Accounting Principles Intermediate Accounting 1
Flashcards About Managerial Cost Concepts Chapter 1 59 terms
August Dunbar avatar
August Dunbar
59 terms
Accounting Cost Accounting Direct Labor Costs Finance Intermediate Accounting 1
Managerial Accounting Chapter 16 Test Questions – Flashcards 13 terms
Jason Westley avatar
Jason Westley
13 terms
Accounting Cost Accounting Finance Intermediate Accounting 1
Managerial Accounting Final Exam Review. – Flashcards 44 terms
Ruth Blanco avatar
Ruth Blanco
44 terms
Cost Accounting Finance Intermediate Accounting 1 Variable Cost Per Unit
Chapter 1 -108 – Flashcards 58 terms
Ann Ricker avatar
Ann Ricker
58 terms
Cost Accounting Finance Financial Accounting Intermediate Accounting 1 Management Managerial Accounting Product Life Cycles
accounting 2020 honors chapter 1 – Flashcards 73 terms
Pat Coker avatar
Pat Coker
73 terms
Accounting Cost Accounting Finance Job Order Costing System
Acct 212 – Managerial Accounting – Flashcards 70 terms
Charlotte Small avatar
Charlotte Small
70 terms
Accounting Cost Accounting Finance Managerial Accounting Reports Are
ACCT 2101- test 1 – Flashcards 42 terms
Kelly Fisher avatar
Kelly Fisher
42 terms
Accounting Cost Accounting Direct And Indirect Costs Finance Financial Accounting Job Order Costing
Accounting 2302 Exam 1 – Flashcards 9 terms
Sam Arent avatar
Sam Arent
9 terms
Which of the following characteristics applies to process costing but not to job order cost accounting?
Equivalent units of production.
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chapter 11 Which of the following is incorrect about a standard cost accounting system?
It reports only favorable variances.
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Which system is the standard cost accounting system for the MHS, containing Tri-Service financial, personnel, and workload data from reporting medical and dental treatment facilities?
Medical Expense and Performance Reporting System (MEPRS).
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Which of the following are two main types of cost accounting systems for manufacturing operations?
job order and process cost
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Which is the best description of traditional cost accounting?
The general ledger and subsidiary accounts and related records, etc., used to accumulate the costs of goods or services provided by an entity.
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Which of the following key activities is NOT performed by operations managers? a. Purchasing b. Cost accounting c. Service encounter design d. Forecasting
Cost accounting
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The purpose of a cost accounting system is to determine the accuracy of the financial statements. measure, record, and report product costs. determine how much each customer will be billed for shipping on purchases. determine taxes to be paid.
measure, record, and report product costs. Feedback: The purpose of a cost accounting system is to measure, record, and report product costs.
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Which of the following is least likely to be an objective of a cost accounting system?
Sales commission determination. A cost accounting system has internal and external reporting objectives. These include product costing; assessment of departmental efficiency; inventory valuation; income determination; and planning, evaluating, and controlling operations.
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New corporate managers pioneered which system to track expenses and revenues in the late nineteenth century? Select one: A. Line-by-line bookkeeping B. The management revolution C. Balanced spending D. Cost accounting
D. Cost accounting
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Managers’ activities and responsibilities can be classified into three broad functions: cost accounting, budgeting, and internal control.
false –> planning, directing, and controlling
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