?
A?
VI
TU
_S
ED
OV
PR
AP
,AP
PR TABLE OF CONTENTS
Test Bank: Cost Management A Strategic Emphasis, 2024 (2025) Evergreen Release
By Edward Blocher, Paul Juras, Steven Smith
PART ONE: INTRODUCTION TO STRATEGY, COST MANAGEMENT,
AND COST SYSTEMS
OV
CHAPTER 1 Cost Management and Strategy
Implementing Strategy: The Value Chain, the Balanced Scorecard, and the
CHAPTER 2 Strategy Map
CHAPTER 3
ED
Basic Cost Management Concepts
CHAPTER 4 Job Costing
CHAPTER 5 Activity-Based Costing and Customer Profitability Analysis
_S
CHAPTER 6 Process Costing
CHAPTER 7 Cost Allocation: Departments, Joint Products, and By-Products
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PART TWO: PLANNING AND DECISION MAKING
CHAPTER 8 Cost Estimation
CHAPTER 9 Short-Term Profit Planning: Cost-Volume-Profit (CVP) Analysis
CHAPTER 10 Strategy and the Master Budget
VI
CHAPTER 11 Decision Making with a Strategic Emphasis
CHAPTER 12 Strategy and the Analysis of Capital Investments
A?
Cost Planning for the Product Life Cycle: Target Costing, Theory of Constraints,
CHAPTER 13 and Strategic Pricing
PART THREE: OPERATIONAL-LEVEL CONTROL
?
Operational Performance Measurement: Sales, Direct Cost Variances, and the
CHAPTER 14 Role of Nonfinancial Performance Measures
Operational Performance Measurement: Indirect Cost Variances and Resource
CHAPTER 15 Capacity Management
Operational Performance Measurement: Further Analysis of Productivity and
CHAPTER 16 Sales
CHAPTER 17 The Management and Control of Quality
PART FOUR: MANAGEMENT-LEVEL CONTROL
Strategic Performance Measurement: Cost Centers, Profit Centers, and the
CHAPTER 18 Balanced Scorecard
,AP
CHAPTER 19 Strategic Performance Measurement: Investment Centers and Transfer Pricing
CHAPTER 20 Management Compensation, Business Analysis, and Business Valuation
PR
OV
ED
_S
TU
VI
A?
?
, Chapter 1. Cost Management and Strategy
AP
Student name:
1) Which of the following does not represent a main focus of cost management information?
A) Strategic management.
PRB) Performance measurement.
C) Planning and decision making.
D) Preparation of financial statements.
E) Internal audit and control.
OV
2) Strategic management can be defined as the development of a sustainable:
A) Chain of command.
B) Competitive position.
C) Cash flow.
ED
D) Business entity.
E) Company image. _S
3) Cost management has moved from a traditional role of product costing and operational
control to a broader strategic focus, which places an emphasis on:
A) Competitive pricing.
B) Domestic marketing.
TU
C) Short-term thinking.
D) Strategic thinking.
E) Independent judgment.
VI
A?
4) Cost management is used to analyze the cost consequences of different design choices and to
measure and report the many aspects of quality, including all of the following except:
A) Wasted labor or materials.
B) The nature of complaints, warranty costs, and product recalls.
C) The short- and long-term goals of sustainability.
?
D) The number of service calls.
E) Production breakdowns.
A?
VI
TU
_S
ED
OV
PR
AP
,AP
PR TABLE OF CONTENTS
Test Bank: Cost Management A Strategic Emphasis, 2024 (2025) Evergreen Release
By Edward Blocher, Paul Juras, Steven Smith
PART ONE: INTRODUCTION TO STRATEGY, COST MANAGEMENT,
AND COST SYSTEMS
OV
CHAPTER 1 Cost Management and Strategy
Implementing Strategy: The Value Chain, the Balanced Scorecard, and the
CHAPTER 2 Strategy Map
CHAPTER 3
ED
Basic Cost Management Concepts
CHAPTER 4 Job Costing
CHAPTER 5 Activity-Based Costing and Customer Profitability Analysis
_S
CHAPTER 6 Process Costing
CHAPTER 7 Cost Allocation: Departments, Joint Products, and By-Products
TU
PART TWO: PLANNING AND DECISION MAKING
CHAPTER 8 Cost Estimation
CHAPTER 9 Short-Term Profit Planning: Cost-Volume-Profit (CVP) Analysis
CHAPTER 10 Strategy and the Master Budget
VI
CHAPTER 11 Decision Making with a Strategic Emphasis
CHAPTER 12 Strategy and the Analysis of Capital Investments
A?
Cost Planning for the Product Life Cycle: Target Costing, Theory of Constraints,
CHAPTER 13 and Strategic Pricing
PART THREE: OPERATIONAL-LEVEL CONTROL
?
Operational Performance Measurement: Sales, Direct Cost Variances, and the
CHAPTER 14 Role of Nonfinancial Performance Measures
Operational Performance Measurement: Indirect Cost Variances and Resource
CHAPTER 15 Capacity Management
Operational Performance Measurement: Further Analysis of Productivity and
CHAPTER 16 Sales
CHAPTER 17 The Management and Control of Quality
PART FOUR: MANAGEMENT-LEVEL CONTROL
Strategic Performance Measurement: Cost Centers, Profit Centers, and the
CHAPTER 18 Balanced Scorecard
,AP
CHAPTER 19 Strategic Performance Measurement: Investment Centers and Transfer Pricing
CHAPTER 20 Management Compensation, Business Analysis, and Business Valuation
PR
OV
ED
_S
TU
VI
A?
?
, Chapter 1. Cost Management and Strategy
AP
Student name:
1) Which of the following does not represent a main focus of cost management information?
A) Strategic management.
PRB) Performance measurement.
C) Planning and decision making.
D) Preparation of financial statements.
E) Internal audit and control.
OV
2) Strategic management can be defined as the development of a sustainable:
A) Chain of command.
B) Competitive position.
C) Cash flow.
ED
D) Business entity.
E) Company image. _S
3) Cost management has moved from a traditional role of product costing and operational
control to a broader strategic focus, which places an emphasis on:
A) Competitive pricing.
B) Domestic marketing.
TU
C) Short-term thinking.
D) Strategic thinking.
E) Independent judgment.
VI
A?
4) Cost management is used to analyze the cost consequences of different design choices and to
measure and report the many aspects of quality, including all of the following except:
A) Wasted labor or materials.
B) The nature of complaints, warranty costs, and product recalls.
C) The short- and long-term goals of sustainability.
?
D) The number of service calls.
E) Production breakdowns.
