Test Bank for Principles Of Cost Accounting, 17th Edition Edward J. Vanderbeck All Chapters 1-10, Complete

,CHAPTERU1:UINTRODUCTIONUTOUCOSTUACCOUNTIN
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Test Bank
Principles Of Cost Accounting,
17th Edition Edward J. Vanderbeck
All Chapters 1-10, Complete




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, CHAPTERU1:UINTRODUCTIONUTOUCOSTUACCOUNTIN


Contents
G




1. ChU1:UIntroductionUtoUCostUAccounting


2. ChU2:UAccountingUforUMaterials


3. ChU3:UAccountingUforULabor


4. ChU4:UAccountingUforUFactoryUOverhead


5. ChU5:UProcessUCostUAccounting-GeneralUProcedures


6. ChU6:UProcessUCostUAccounting-AdditionalUProcedures;UAccountingUforUJointUProductsUandUBy-Products


7. ChU7:UTheUMasterUBudgetUandUFlexibleUBudgeting


8. ChU8:UStandardUCostUAccounting-Materials,ULabor,UandUFactoryUOverhead


9. ChU9:UCostUAccountingUforUServiceUBusinesses,UtheUBalancedUScorecard,UandUQualityUCosts


10. ChU10:UCostUAnalysisUforUManagementUDecisionUMaking




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, CHAPTERU1:UINTRODUCTIONUTOUCOSTUACCOUNTIN
The
G UbusinessUentityUthatUconvertsUpurchasedUrawUmaterialsUintoUfinishedUgoodsUbyUusingUlabor,Utechnology,UandUfacili
tiesUisUa:
a. Manufacturer.
b. Merchandiser.
c. ServiceUbusiness.
d. Not-for-profitUserviceUagency.
ANSWER: a
RATIONALE:
TheUbusinessUentityUthatUconvertsUpurchasedUrawUmaterialsUintoUfinishedUgoodsUbyUusingUlabor,Ute
chnology,UandUfacilitiesUisUaUmanufacturer.
POINTS: 1
DIFFICULTY: Easy
LEARNINGUOBJECTIUV PRIN.EDWA.16.1U-UIntroduction
ES:
ACCREDITINGUSTANU AACSBUAnalytic
DARDS: ACCT.AICPA.FN.03U-
UMeasurementUBUSPROG.03U-

UAnalytic

IMA-BusinessUApplications
OTHER: Bloom's:URemembering

2. TheUbusinessUentityUthatUpurchasesUfinishedUgoodsUforUresaleUisUa:
a. Manufacturer.
b. Merchandiser.
c. ServiceUbusiness.
d. Wholesaler.
ANSWER: b
RATIONALE: TheUbusinessUentityUthatUpurchasesUfinishedUgoodsUforUresaleUisUaUmerchandiser.
POINTS: 1
DIFFICULTY: Easy
LEARNINGUOBJECTIVESUPRIN.EDWA.16.1U-UIntroduction
:
ACCREDITINGUSTANDAU AACSBUAnalyticUACCT.AICPA.FN.03
RDS: U-UMeasurementUBUSPROG.03U-

UAnalytic

IMA-BusinessUApplications
OTHER: Bloom's:URemembering

3. TheUtypeUofUmerchandiserUwhoUpurchasesUgoodsUfromUtheUproducerUandUsellsUthemUtoUretailersUthatUsellUthe
mUtoUtheUconsumerUisUa:
a. Manufacturer.
b. Retailer.
c. Wholesaler.
d. ServiceUbusiness.
ANSWER: c
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