BUS 108 Financial Evaluation And Managerial Analys

Sample Exam 1 BUS 108 – Managerial Accounting For each of the following questions, select the best answer. 1.Management accounting focuses primarily on providing data for: A) internal uses by managers. B) external uses by stockholders and creditors. C) external uses by the Internal Revenue Service. D) external uses by the Securities and Exchange Commission. 2. If the total cost of alternative A is $50,000 and the total cost of alternative B is $34,000, then $16,000 is termed the: A....

Bus 108, Sample Exam 2 For each of the following questions, select the best answer. 1. The standard price per unit of materials is used in the calculation of which of the following variances? Materials price variance Materials quantity variance A) No No B) No Yes C) Yes No D) Yes Yes 2. Which of the following statements is a good description of the variances that should be investigated under the management by exception concept? A) all variances should be investigated. B) only un...