100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
ACC 241 Exam Questions and Answers | 100% Pass $9.99   Add to cart

Exam (elaborations)

ACC 241 Exam Questions and Answers | 100% Pass

 0 view  0 purchase
  • Course
  • Accounting 241
  • Institution
  • Accounting 241

ACC 241 Exam Questions and Answers | 100% Pass Which of the following is not an objective of Management accounting? A. To provide information for costing of services, products, and other objects of interest to management. B. To provide information for planning, controlling, evaluaitng and co...

[Show more]

Preview 2 out of 13  pages

  • September 25, 2024
  • 13
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Accounting 241
  • Accounting 241
avatar-seller
EmillyCharlotte
TITLE: EMILLYCHARLOTTE 2024/2025 ACADEMIC PERIOD
OWNER: EMILLYCHARLOTTE
COPYRIGHT STATEMENT: ©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED
FIRST PUBLISHED: SEPTEMBER 2024

ACC 241 Exam Questions and Answers |
100% Pass

Which of the following is not an objective of Management accounting?

A.

To provide information for costing of services, products, and other objects of interest to

management.

B.

To provide information for planning, controlling, evaluaitng and continuous

improvement.

C.

To provide information for decision making.

D.

To prepare external reports for investors, creditors, government agencies, and other

outside users. - ✔️✔️Correct-D.

To prepare external reports for investors, creditors, government agencies, and other

outside users.

Which of the following items could be an example of a cost object?

A.

The accounting department

B.

1/13

, TITLE: EMILLYCHARLOTTE 2024/2025 ACADEMIC PERIOD
OWNER: EMILLYCHARLOTTE
COPYRIGHT STATEMENT: ©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED
FIRST PUBLISHED: SEPTEMBER 2024
An international plant

C.

A manufacturing plant

D.

All of the above are examples of potential cost objects. - ✔️✔️Correct-D.

All of the above are examples of potential cost objects.

Which of the following is an example of a manufacturing overhead expense (an indirect

product cost) in a factory?

A.

Wages of administrators in the corporate office

B.

Salaries of salespersons

C.

Wages of factory maintenance personnel

D.

Wages of machine operators - ✔️✔️Correct-C.

Wages of factory maintenance personnel

Indirect manufacturing costs should be included in manufacturing overhead.

True

False - ✔️✔️Correct-True

Inventoriable product costs for a manufactured product include


2/13

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller EmillyCharlotte. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $9.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

84866 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$9.99
  • (0)
  Add to cart