ACCT 30 Saudi Electronic University Cost Accounting Short Exam
Question Description
this exam can copy or paste no proplem
(Section-I)
Multiple choice type Questions. Five questions each question carries 1 mark.
From the following circle the correct Answer (5 marks)
1. Nonroutine operating decisions are decisions such : A) annual budgets and resource allocation decisions B) weekly work scheduling issues C)insource or outsource a business activity |
3. The general rule for a special order is to accept the order if :
C)the incremental revenues exceed the opportunity cost. |
4. The step-down method of allocating support department costs allocates:
|
5. Managers must keep a business segment if:
A) |
Its contribution margin cover all its fixed costs. |
B) |
Its contribution margin covers its variable costs. |
|
C) |
Its contribution margin covers its avoidable fixed costs. |
(Section-II)
Short Essay type Questions. Each Question carries 2.5 marks(2X2.5=5)
Q 1 Explain the difference between operating departments and support departments.
Answer to Q 1:
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Q2 Explain in details quantitative and qualitative analysis used in special order decisions.
Answer to Q 2:
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