Acct chapter 11 100% solution Study guides, Study notes & Summaries
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Acct chapter 11 100% SOLUTION
- Exam (elaborations) • 11 pages • 2024
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- R192,90
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Acct chapter 11 100% 
SOLUTION 
A(n) ________ is a carefully predetermined cost that is usually expressed on a per unit 
basis. 
A) allocated cost 
B) applied cost 
C) standard cost 
D) flexible cost - ANSWER c 
The type of standard that provides allowances for normal amounts of waste and 
inefficiency in the production process is referred to as a(n) 
A) ideal standard. 
B) perfection standard. 
C) realistic standard. 
D) practical standard. - ANSWER d 
As managers use less and different typ...
-
Acct chapter 11 100% SOLUTION
- Exam (elaborations) • 11 pages • 2023
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- R183,25
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A(n) ________ is a carefully predetermined cost that is usually expressed on a per unit 
basis. 
A) allocated cost 
B) applied cost 
C) standard cost 
D) flexible cost - ANSWER c 
The type of standard that provides allowances for normal amounts of waste and 
inefficiency in the production process is referred to as a(n) 
A) ideal standard. 
B) perfection standard. 
C) realistic standard. 
D) practical standard. - ANSWER d 
As managers use less and different types of direct materials, which of ...
-
Updated Acct chapter 11 100%Questions and Answers
- Exam (elaborations) • 11 pages • 2023
-
- R148,49
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A(n) ________ is a carefully predetermined cost that is usually expressed on a per unit 
basis. 
A) allocated cost 
B) applied cost 
C) standard cost 
D) flexible cost - ANSWER c 
The type of standard that provides allowances for normal amounts of waste and 
inefficiency in the production process is referred to as a(n) 
A) ideal standard. 
B) perfection standard. 
C) realistic standard. 
D) practical standard. - ANSWER d 
As managers use less and different types of direct materials, which of the...
-
Acct chapter 11 100% SOLUTION 2024
- Exam (elaborations) • 11 pages • 2024
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- R347,38
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Acct chapter 11 100% SOLUTION 
 
A(n) ________ is a carefully predetermined cost that is usually expressed on a per unit basis. 
A)	allocated cost 
B)	applied cost 
C)	standard cost 
D)	flexible cost - ANSWER c 
 
The type of standard that provides allowances for normal amounts of waste and 
inefficiency in the production process is referred to as a(n)	 
A) ideal standard.	 	 
B) perfection standard.	 	 
C) realistic standard.	 		 
D) practical standard. - ANSWER d	 	 
 
As manager...
-
Acct chapter 11 100% SOLUTION
- Exam (elaborations) • 11 pages • 2023
- Available in package deal
-
- R173,59
- + learn more
A(n) ________ is a carefully predetermined cost that is usually expressed on a per unit basis. 
A)	allocated cost 
B)	applied cost 
C)	standard cost 
D)	flexible cost - ANSWER c 
 
The type of standard that provides allowances for normal amounts of waste and 
inefficiency in the production process is referred to as a(n)	 
A) ideal standard.	 	 
B) perfection standard.	 	 
C) realistic standard.	 		 
D) practical standard. - ANSWER d
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Acct chapter 11 100% SOLUTION
- Exam (elaborations) • 11 pages • 2024
-
- R270,14
- + learn more
Acct chapter 11 100% 
SOLUTION 
A(n) ________ is a carefully predetermined cost that is usually expressed on a per unit 
basis. 
A) allocated cost 
B) applied cost 
C) standard cost 
D) flexible cost - ANSWER c 
The type of standard that provides allowances for normal amounts of waste and 
inefficiency in the production process is referred to as a(n) 
A) ideal standard. 
B) perfection standard. 
C) realistic standard. 
D) practical standard. - ANSWER d 
As managers use less and different typ...
-
Acct chapter 11 100% SOLUTION
- Exam (elaborations) • 11 pages • 2023
- Available in package deal
-
- R231,52
- + learn more
Acct chapter 11 100% 
SOLUTION 
A(n) ________ is a carefully predetermined cost that is usually expressed on a per unit 
basis. 
A) allocated cost 
B) applied cost 
C) standard cost 
D) flexible cost - ANSWER c 
The type of standard that provides allowances for normal amounts of waste and 
inefficiency in the production process is referred to as a(n) 
A) ideal standard. 
B) perfection standard. 
C) realistic standard. 
D) practical standard. - ANSWER d 
As managers use less and different typ...
-
ACCT 111 2020/2021 Study Guide Chapter 03 Fundamentals of Cost-Volume-Profit Analysis
- Study guide • 11 pages • 2020
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- R258,56
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Acct 111 – Cost Accounting
Study Guide
Chapter 03 Fundamentals of Cost-Volume-Profit Analysis
Also refer to the chapter material, lecture material and exercises for additional help
Page 1 of 11
Key Concepts
LO 3-1 Use cost-volume-profit (CVP) analysis to analyze decisions. Cost-volume-profit (CVP) analysis studies the relations among revenues, costs, and volume
and their effect on profit to help managers make decisions.
• Managers make decisions on volume, pricing, or incurring a cost that w...
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Test Bank Chapter 7 Cash and Receivables.
- Answers • 44 pages • 2020
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- R279,80
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CHAPTER 7

CASH AND RECEIVABLES

IFRS questions are available at the end of this chapter.

TRUE-FALSE—Conceptual
Answer	No.	Description
	T	1.	Items considered cash.
	F	2.	Items considered cash.
	F	3.	Items considered cash.
	F	4.	Cash equivalents definition.
	F	5.	Bank overdrafts.
	T	6.	Cash equivalents.
	F	7.	Classification of receivables.
	F	8.	Items considered trade receivables.
	T	9.	Trade discount uses.
	T	10.	Sales discounts. 
	T	11.	Valuation of receivables.
	F	12.	Percentage-of-receivab...
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