Test Bank For Principles Of Cost Accounting,
as as as as as as as
17th Edition Edward J. Vanderbeck
as as as as as
Chapters 1 - 10, Complete
as as as as
Cengage Learning Testing, Powered by
as as as as Page 1 as
Cognero
as
, Contents
CHAPTER 1: INTRODUCTION TO COST ACCOUNTING
as as as as as
1. Ch 1: Introduction to Cost Accounting
as as as as as
2. Ch 2: Accounting for Materials
as as as as
3. Ch 3: Accounting for Labor
as as as as
4. Ch 4: Accounting for Factory Overhead
as as as as as
5. Ch 5: Process Cost Accounting-General Procedures
as as as as as
6. Ch 6: Process Cost Accounting-Additional Procedures; Accounting for Joint Products and By-Products
as as as as as as as as as as as
7. Ch 7: The Master Budget and Flexible Budgeting
as as as as as as as
8. Ch 8: Standard Cost Accounting-Materials, Labor, and Factory Overhead
as as as as as as as as
9. Ch 9: Cost Accounting for Service Businesses, the Balanced Scorecard, and Quality Costs
as as as as as as as as as as as as
10. Ch 10: Cost Analysis for Management Decision Making
as as as as as as as
Cengage Learning Testing, Powered by
as as as as Page 2
as
Cognero
as
,The business entity that converts purchased raw materials into finished goods by using labor, technology, and facilitiesis
as as as as as as as as as as as as as as as as as
a:
as
a. Manufacturer.
b. Merchandiser.
c. Service business. as
d. Not-for-profit service agency. as as
ANSWER: a
RATIONALE: The business entity that converts purchased raw materials into finished goods by using
as as as as as as as as as as as as
as labor,technology, and facilities is a manufacturer.
sa as as as as as
POINTS: 1
DIFFICULTY: Easy
LEARNING PRIN.EDWA.16.1 - Introduction as as
OBJECTIVES:
as as
ACCREDITING STAN AACSB Analytic as as as
DARDS: ACCT.AICPA.FN.03 - as
MeasurementBUSPROG.03 - as as as
Analytic as
IMA-Business Applications as
OTHER: Bloom's: Remembering as
2. The business entity that purchases finished goods for resale is a:
as as as as as as as as as as
a. Manufacturer.
b. Merchandiser.
c. Service business. as
d. Wholesaler.
ANSWER: b
RATIONALE: The business entity that purchases finished goods for resale is a merchandiser. as as as as as as as as as as as
POINTS: 1
DIFFICULTY: Easy
LEARNING OBJECTIVES PRIN.EDWA.16.1 - Introduction
as as as as
:
ACCREDITING AACSB Analytic as
STANDARDS:
as as ACCT.AICPA.FN.03 - as as
MeasurementBUSPROG.03 - as as as
Analytic as
IMA-Business Applications as
OTHER: Bloom's: Remembering as
3. The type of merchandiser who purchases goods from the producer and sells them to retailers that sell them to
as as as as as as as as as as as as as as as as as as
theconsumer is a:
as as as as
a. Manufacturer.
b. Retailer.
c. Wholesaler.
d. Service business. as
ANSWER: c
RATIONALE: A wholesaler purchases goods from the producer and sells them to the retailer.
as as as as as as as as as as as as
POINTS: 1
Cengage Learning Testing, Powered by
as as as as Page 3
as
Cognero
as
, DIFFICULTY: Easy
Cengage Learning Testing, Powered by
as as as as Page 4
as
Cognero
as
as as as as as as as
17th Edition Edward J. Vanderbeck
as as as as as
Chapters 1 - 10, Complete
as as as as
Cengage Learning Testing, Powered by
as as as as Page 1 as
Cognero
as
, Contents
CHAPTER 1: INTRODUCTION TO COST ACCOUNTING
as as as as as
1. Ch 1: Introduction to Cost Accounting
as as as as as
2. Ch 2: Accounting for Materials
as as as as
3. Ch 3: Accounting for Labor
as as as as
4. Ch 4: Accounting for Factory Overhead
as as as as as
5. Ch 5: Process Cost Accounting-General Procedures
as as as as as
6. Ch 6: Process Cost Accounting-Additional Procedures; Accounting for Joint Products and By-Products
as as as as as as as as as as as
7. Ch 7: The Master Budget and Flexible Budgeting
as as as as as as as
8. Ch 8: Standard Cost Accounting-Materials, Labor, and Factory Overhead
as as as as as as as as
9. Ch 9: Cost Accounting for Service Businesses, the Balanced Scorecard, and Quality Costs
as as as as as as as as as as as as
10. Ch 10: Cost Analysis for Management Decision Making
as as as as as as as
Cengage Learning Testing, Powered by
as as as as Page 2
as
Cognero
as
,The business entity that converts purchased raw materials into finished goods by using labor, technology, and facilitiesis
as as as as as as as as as as as as as as as as as
a:
as
a. Manufacturer.
b. Merchandiser.
c. Service business. as
d. Not-for-profit service agency. as as
ANSWER: a
RATIONALE: The business entity that converts purchased raw materials into finished goods by using
as as as as as as as as as as as as
as labor,technology, and facilities is a manufacturer.
sa as as as as as
POINTS: 1
DIFFICULTY: Easy
LEARNING PRIN.EDWA.16.1 - Introduction as as
OBJECTIVES:
as as
ACCREDITING STAN AACSB Analytic as as as
DARDS: ACCT.AICPA.FN.03 - as
MeasurementBUSPROG.03 - as as as
Analytic as
IMA-Business Applications as
OTHER: Bloom's: Remembering as
2. The business entity that purchases finished goods for resale is a:
as as as as as as as as as as
a. Manufacturer.
b. Merchandiser.
c. Service business. as
d. Wholesaler.
ANSWER: b
RATIONALE: The business entity that purchases finished goods for resale is a merchandiser. as as as as as as as as as as as
POINTS: 1
DIFFICULTY: Easy
LEARNING OBJECTIVES PRIN.EDWA.16.1 - Introduction
as as as as
:
ACCREDITING AACSB Analytic as
STANDARDS:
as as ACCT.AICPA.FN.03 - as as
MeasurementBUSPROG.03 - as as as
Analytic as
IMA-Business Applications as
OTHER: Bloom's: Remembering as
3. The type of merchandiser who purchases goods from the producer and sells them to retailers that sell them to
as as as as as as as as as as as as as as as as as as
theconsumer is a:
as as as as
a. Manufacturer.
b. Retailer.
c. Wholesaler.
d. Service business. as
ANSWER: c
RATIONALE: A wholesaler purchases goods from the producer and sells them to the retailer.
as as as as as as as as as as as as
POINTS: 1
Cengage Learning Testing, Powered by
as as as as Page 3
as
Cognero
as
, DIFFICULTY: Easy
Cengage Learning Testing, Powered by
as as as as Page 4
as
Cognero
as
