Fundamental Managerial Accounting Concepts – 10th Edition Full TestBank by Thomas P. Edmonds, Christopher Edmonds & Mark A. Edmonds – Complete |ISBN: A+

TEST BANK
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All Chapters Included
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, Fundamental Managerial Accounting Concepts, 10th Edition by Edmonds T T T T T T T




TABLE OF CONTENT T T




Chapter 1 Management Accounting and Corporate Governance
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Chapter 2 Cost Behavior, Operating Leverage, and Profitability Analysis
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Chapter 3 Analysis of Cost, Volume, and Pricing to Increase Profitability C
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hapter 4 Cost Accumulation, Tracing, and Allocation
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Chapter 5 Cost Management in an Automated Business Environment: ABC, ABM, and TQM Chapter 6
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Relevant Information for Special Decisions
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Chapter 7 Planning for Profit and Cost Control Chapter
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8 Performance Evaluation
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Chapter 9 Responsibility Accounting Chapter
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10 Planning for Capital Investments
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Chapter 11 Product Costing in Service and Manufacturing Entities Ch
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apter 12 Job-
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Order, Process, and Hybrid Costing Systems Chapter 13 Financial Sta
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tement Analysis T




Chapter 14 Statement of Cash Flows
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, ANSWERS ARE AT THE END OF EACH CHAPTER.
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, Chapter 01 10e T T




1) Which of the following items are representative of managerial accounting?
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Note: Check all that apply.
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A) Financial statement in accordance with GAAP T T T T T




B) Monthly sales reports used internally to allocate funds to divisions
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C) Quarterly financial information sent to investors T T T T T




D) Audited financial statements submitted to bankers with credit a
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pplication
E) Budget projections used to make logistic decisions
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2) Which of the following costs are not included in the cost of m
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anufacturing a product? T T




Note: Check all that apply.
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A) Marketing
B) Production workers' wages T T




C) Factory janitor's wages T T




D) CEO salary T




E) Depreciation on manufacturing equipment T T T




3) Which of the following is considered a downstream cost?
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Note: Check all that apply.
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A) Research and development T T




B) Production wages T




C) Advertising cost T




D) Warranty cost T




E) Cost of internet in manufacturing plant
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4) Which of the following are examples of inventory holding costs?
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Note: Check all that apply.
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A) Cost of warehouse space
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B) Cost of shipping inventory to customers
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C) Research and development cost T T T




D) Cost of supervising inventory
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E) Inventory spoilage cost T T



5) Ashley Bradshaw is the manager of one department in a large store. In this ca
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pacity, which of the following kinds of information would she be interested in?
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A) Economic data T




B) Financial data T




C) Nonfinancial data T



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