3/9/24,b10:12bA TestbbankbforbHorngren’sbCostbAccountingbAbManagerialbEmphasisb17thbGlo
M …
TestbbankbforbHorngren’sbCostbAccountingbAbManage
rialbEmphasisb17thbGlobalbEditionbbybSrikant
M.bDatar
Full download link: https://reurl.cc/V18ZQy
b b b
Horngren'sb CostbAccounting:bAbManagerialb Emphasis,b17e,b Globalb Editionb byb Datar/Raj
anbChapterb1b ThebManagerbandbManagement bAccounting
Objectiveb1.1
1) Managementbaccounting:
A) focusesbonbestimatingbfuturebrevenues,bcosts,bandbotherbmeasuresbtobforecastbactiv
itiesbandbtheirbresults
B) providesbinformationbaboutbthebcompanybasbabwhole
C) reportsb informationb thatb hasb occurredb inb theb pastb thatb isb verifiableb andb reliable
D) providesb informationb thatb isb generallyb availableb onlyb onb ab quarterlyb orb annualb
basisbAnswer:b A
1
Copyrightb©b2021bPearsonbEducation,bLtd.
about:blank 1/47
,3/9/24,b10:12bA TestbbankbforbHorngren’sbCostbAccountingbAbManagerialbEmphasisb17thbGlo
M …
Explanation:b A)bManagementbaccountingbhasbabforward-
lookingborientationbasbopposedbtobfinancialbaccountingbwhichbhasbabhistoricalbperspect
ive.
Diff:b1
Objective:b 1
AACSB:b Analyticalbthinking
2) Managersbusebmanagementbaccountingbinformationbto:
A) helpb externalb usersb suchb asb investors,b banks,b regulators,b andb suppliers
B) communicate,bdevelop,bandbimplementbstrategies
C) communicatebabfirm'sbfinancialbpositionbtobinvestors,bbanks,bregulators,bandbo
therboutsidebparties
D) ensureb thatb financialb statementsb areb consistentb withb theb SECb rules
Answer:b B
Diff:b1
Objective:b 1
AACSB:b Analyticalbthinking
3) Financialbaccounting:
A) focusesbonbthebfuturebandbincludesbactivitiesbsuchbasbpreparingbnextbyear'sboper
atingbbudget
B) mustbcomplybwithbGAAPb(generallybacceptedbaccountingbprinciples)
C) isbthebprocessbofbmeasuring,banalyzing,bandbreportingbfinancialbandbnonfina
ncialbinformationbrelatedbtobthebcostsbofbacquiringborbusingbresourcesbinbanbor
ganization
D) isbpreparedbforbthebusebofbdepartmentbheadsbandbotherbemployees
Answer:b B
Diff:b1
Objective:b 1
AACSB:b Analyticalbthinking
4) Whichbofbthebfollowingbwouldbmostblikelybbebthebuserbofbfinancialbaccountingbinformation
?
A) factorybshiftbsupervisor
B) distributionb manager
C) currentbshareholder
D) departmentbmanager
bAnswer:b C
Diff:b1
Objective:b 1
AACSB:b Analyticalbthinking
2
Copyrightb©b2021bPearsonbEducation,bLtd.
about:blank 2/47
,3/9/24,b10:12bA TestbbankbforbHorngren’sbCostbAccountingbAbManagerialbEmphasisb17thbGlo
M …
5) Thebprimarybuserbofbmanagementbaccountingbinformationbisba(n):
A) thebcontroller
B) abshareholderbevaluatingbabstockbinvestment
C) bondholder
D) externalbregulato
rbAnswer:b A
Diff:b1
Objective:b 1
AACSB:b Analyticalbthinking
6) Financialbaccountingbprovidesbthebprimarybsourcebofbinformationbfor:
A) decisionb makingb inb theb assemblyb andb finishingb department
B) improvingbdistributionbandbcustomerbservice
C) preparingbthebincomebstatementbforbshareholdersbandbotherbexternalbparties
D) planningbnextbyear'sbplansbandbspecifically;btheboperatingbbud
getbAnswer:bC
Diff:b1
Objective:b 1
AACSB:b Analyticalbthinking
7) Whichbofbthebfollowingbisbtruebofbmanagementbaccountingbinformation?
A) Itbfocusesbonbdocumentingbpastbbusinessbactionsbofbabfirm.
B) ItbisbpreparedbbasedbonbSECbrulesbandbFASBbaccountingbprinciples.
C) Itbisbpreparedbforbshareholders.
D) Itbhelpsbwithbthebcoordinationbofbelementsbofbthebvaluebch
ain.bAnswer:bD
Diff:b2
Objective:b 1
AACSB:b Analyticalbthinking
8) Whichbofbthebfollowingbstatementsbrefersbtobmanagementbaccountingbinformation?
A) Therebarebnobregulationsbgoverningbthebreports.
B) Thebreportsbarebgenerallybdelayedbandbhistorical.
C) Thebaudiencebtendsbtobbebstockholders,bcreditors,bandbtaxbauthorities.
D) Itbprimarilybmeasuresbmanager'sbcompensationbonbreportedbfinancialbresu
lts.bAnswer:bA
Diff:b2
Objective:b 1
AACSB:b Analyticalbthinking
9) Whichbofbthebfollowingbgroupsbwouldbbebleastblikelybtobreceivebdetailedbmanage
mentbaccountingbreports?
A) stockholders
B) salesbmanagers
C) productionbsupervisors
D) distributionbmanagers
bAnswer:b A
Diff:b1
Objective:b 1
AACSB:b Analyticalbthinking
10) Managementbaccountingbinformationbtypicallybincludes:
A) tabulatedbresultsbofbcustomerbsatisfactionbsurveys
B) thebcostbofb producingb ab product
C) thebpercentagebofbunitsbproducedbthatbarebdefective
D) Allbofbthesebanswersbarebcorre
ct.bAnswer:bD
Diff:b1
3
Copyrightb©b2021bPearsonbEducation,bLtd.
about:blank 3/47
, 3/9/24,b10:12bA TestbbankbforbHorngren’sbCostbAccountingbAbManagerialbEmphasisb17thbGlo
M …
Objective:b 1
AACSB:bb Applicationbofbknowledge
11) Costbaccounting:
A) measuresbthebcostsbofbacquiringborbusingbresourcesbinbanborganization
B) measuresbthebfinancialbandbnonfinancialbinformationbthatbhelpsbmanagersbmakebdecis
ionsbtobfulfillbthebgoalsbofbanborganization
C) coordinatesbproductbdesign,bproduction,bandbmarketingbdecisionsbandbevalua
tebabcompany'sbperformance
D) communicatesbinformationbtobinvestors,bbanks,bregulators,bandbotherboutsidebparties
Answer:b A
Diff:b1
Objective:b 1
AACSB:b Analyticalbthinking
12) Whichbofbthebfollowingbdifferentiatesbcostbaccountingbandbfinancialbaccounting?
A) Thebprimarybusersbofbcostbaccountingbarebthebinvestors,bwhereasbthebprimarybus
ersbofbfinancialbaccountingbarebthebmanagers.
B) Costbaccountingbdealsbwithbproductbdesign,bproduction,bandbmarketingbstrategies,
whereasbfinancialbaccountingbdealsbmainlybwithbpricingbofbthebproducts.
C) Costbaccountingbmeasuresbonlybthebfinancialbinformationbrelatedbtobthebcostsbofbacqu
iringbfixedbassetsbinbanborganization,bwhereasbfinancialbaccountingbmeasuresbfinancialb
andbnonfinancialbinformationbofbabcompany'sbbusinessbtransactions.
D) Costbaccountingb measuresbinformationbrelatedbtobthebcostsbofbacquiringborbusingbre
sourcesbinbanborganization,bwhereasbfinancialbaccountingbmeasuresbabfinancialbposition
bofbabcompanybtobinvestors,bbanks,bandbexternalbparties.
Answer:b D
Diff:b2
Objective:b 1
AACSB:b Analyticalbthinking
13) Whichbofbthebfollowingbisbtruebofbfinancialbaccountingbinformation?
A) Itbisbpreparedbbasedbonbcost-benefitbanalysis.
B) Itbisbprimarilybusedbbybmanagersbtobmakebinternalbbusinessbdecisions.
C) Itbfocusesbonbthebpast-orientedbfinancialbperformancebofbabcompany.
D) Itbonlybmeasuresbthebcashbtransactionsbofbabcompa
ny.bAnswer:bC
Diff:b2
Objective:b 1
AACSB:b Analyticalbthinking
4
Copyrightb©b2021bPearsonbEducation,bLtd.
about:blank 4/47
M …
TestbbankbforbHorngren’sbCostbAccountingbAbManage
rialbEmphasisb17thbGlobalbEditionbbybSrikant
M.bDatar
Full download link: https://reurl.cc/V18ZQy
b b b
Horngren'sb CostbAccounting:bAbManagerialb Emphasis,b17e,b Globalb Editionb byb Datar/Raj
anbChapterb1b ThebManagerbandbManagement bAccounting
Objectiveb1.1
1) Managementbaccounting:
A) focusesbonbestimatingbfuturebrevenues,bcosts,bandbotherbmeasuresbtobforecastbactiv
itiesbandbtheirbresults
B) providesbinformationbaboutbthebcompanybasbabwhole
C) reportsb informationb thatb hasb occurredb inb theb pastb thatb isb verifiableb andb reliable
D) providesb informationb thatb isb generallyb availableb onlyb onb ab quarterlyb orb annualb
basisbAnswer:b A
1
Copyrightb©b2021bPearsonbEducation,bLtd.
about:blank 1/47
,3/9/24,b10:12bA TestbbankbforbHorngren’sbCostbAccountingbAbManagerialbEmphasisb17thbGlo
M …
Explanation:b A)bManagementbaccountingbhasbabforward-
lookingborientationbasbopposedbtobfinancialbaccountingbwhichbhasbabhistoricalbperspect
ive.
Diff:b1
Objective:b 1
AACSB:b Analyticalbthinking
2) Managersbusebmanagementbaccountingbinformationbto:
A) helpb externalb usersb suchb asb investors,b banks,b regulators,b andb suppliers
B) communicate,bdevelop,bandbimplementbstrategies
C) communicatebabfirm'sbfinancialbpositionbtobinvestors,bbanks,bregulators,bandbo
therboutsidebparties
D) ensureb thatb financialb statementsb areb consistentb withb theb SECb rules
Answer:b B
Diff:b1
Objective:b 1
AACSB:b Analyticalbthinking
3) Financialbaccounting:
A) focusesbonbthebfuturebandbincludesbactivitiesbsuchbasbpreparingbnextbyear'sboper
atingbbudget
B) mustbcomplybwithbGAAPb(generallybacceptedbaccountingbprinciples)
C) isbthebprocessbofbmeasuring,banalyzing,bandbreportingbfinancialbandbnonfina
ncialbinformationbrelatedbtobthebcostsbofbacquiringborbusingbresourcesbinbanbor
ganization
D) isbpreparedbforbthebusebofbdepartmentbheadsbandbotherbemployees
Answer:b B
Diff:b1
Objective:b 1
AACSB:b Analyticalbthinking
4) Whichbofbthebfollowingbwouldbmostblikelybbebthebuserbofbfinancialbaccountingbinformation
?
A) factorybshiftbsupervisor
B) distributionb manager
C) currentbshareholder
D) departmentbmanager
bAnswer:b C
Diff:b1
Objective:b 1
AACSB:b Analyticalbthinking
2
Copyrightb©b2021bPearsonbEducation,bLtd.
about:blank 2/47
,3/9/24,b10:12bA TestbbankbforbHorngren’sbCostbAccountingbAbManagerialbEmphasisb17thbGlo
M …
5) Thebprimarybuserbofbmanagementbaccountingbinformationbisba(n):
A) thebcontroller
B) abshareholderbevaluatingbabstockbinvestment
C) bondholder
D) externalbregulato
rbAnswer:b A
Diff:b1
Objective:b 1
AACSB:b Analyticalbthinking
6) Financialbaccountingbprovidesbthebprimarybsourcebofbinformationbfor:
A) decisionb makingb inb theb assemblyb andb finishingb department
B) improvingbdistributionbandbcustomerbservice
C) preparingbthebincomebstatementbforbshareholdersbandbotherbexternalbparties
D) planningbnextbyear'sbplansbandbspecifically;btheboperatingbbud
getbAnswer:bC
Diff:b1
Objective:b 1
AACSB:b Analyticalbthinking
7) Whichbofbthebfollowingbisbtruebofbmanagementbaccountingbinformation?
A) Itbfocusesbonbdocumentingbpastbbusinessbactionsbofbabfirm.
B) ItbisbpreparedbbasedbonbSECbrulesbandbFASBbaccountingbprinciples.
C) Itbisbpreparedbforbshareholders.
D) Itbhelpsbwithbthebcoordinationbofbelementsbofbthebvaluebch
ain.bAnswer:bD
Diff:b2
Objective:b 1
AACSB:b Analyticalbthinking
8) Whichbofbthebfollowingbstatementsbrefersbtobmanagementbaccountingbinformation?
A) Therebarebnobregulationsbgoverningbthebreports.
B) Thebreportsbarebgenerallybdelayedbandbhistorical.
C) Thebaudiencebtendsbtobbebstockholders,bcreditors,bandbtaxbauthorities.
D) Itbprimarilybmeasuresbmanager'sbcompensationbonbreportedbfinancialbresu
lts.bAnswer:bA
Diff:b2
Objective:b 1
AACSB:b Analyticalbthinking
9) Whichbofbthebfollowingbgroupsbwouldbbebleastblikelybtobreceivebdetailedbmanage
mentbaccountingbreports?
A) stockholders
B) salesbmanagers
C) productionbsupervisors
D) distributionbmanagers
bAnswer:b A
Diff:b1
Objective:b 1
AACSB:b Analyticalbthinking
10) Managementbaccountingbinformationbtypicallybincludes:
A) tabulatedbresultsbofbcustomerbsatisfactionbsurveys
B) thebcostbofb producingb ab product
C) thebpercentagebofbunitsbproducedbthatbarebdefective
D) Allbofbthesebanswersbarebcorre
ct.bAnswer:bD
Diff:b1
3
Copyrightb©b2021bPearsonbEducation,bLtd.
about:blank 3/47
, 3/9/24,b10:12bA TestbbankbforbHorngren’sbCostbAccountingbAbManagerialbEmphasisb17thbGlo
M …
Objective:b 1
AACSB:bb Applicationbofbknowledge
11) Costbaccounting:
A) measuresbthebcostsbofbacquiringborbusingbresourcesbinbanborganization
B) measuresbthebfinancialbandbnonfinancialbinformationbthatbhelpsbmanagersbmakebdecis
ionsbtobfulfillbthebgoalsbofbanborganization
C) coordinatesbproductbdesign,bproduction,bandbmarketingbdecisionsbandbevalua
tebabcompany'sbperformance
D) communicatesbinformationbtobinvestors,bbanks,bregulators,bandbotherboutsidebparties
Answer:b A
Diff:b1
Objective:b 1
AACSB:b Analyticalbthinking
12) Whichbofbthebfollowingbdifferentiatesbcostbaccountingbandbfinancialbaccounting?
A) Thebprimarybusersbofbcostbaccountingbarebthebinvestors,bwhereasbthebprimarybus
ersbofbfinancialbaccountingbarebthebmanagers.
B) Costbaccountingbdealsbwithbproductbdesign,bproduction,bandbmarketingbstrategies,
whereasbfinancialbaccountingbdealsbmainlybwithbpricingbofbthebproducts.
C) Costbaccountingbmeasuresbonlybthebfinancialbinformationbrelatedbtobthebcostsbofbacqu
iringbfixedbassetsbinbanborganization,bwhereasbfinancialbaccountingbmeasuresbfinancialb
andbnonfinancialbinformationbofbabcompany'sbbusinessbtransactions.
D) Costbaccountingb measuresbinformationbrelatedbtobthebcostsbofbacquiringborbusingbre
sourcesbinbanborganization,bwhereasbfinancialbaccountingbmeasuresbabfinancialbposition
bofbabcompanybtobinvestors,bbanks,bandbexternalbparties.
Answer:b D
Diff:b2
Objective:b 1
AACSB:b Analyticalbthinking
13) Whichbofbthebfollowingbisbtruebofbfinancialbaccountingbinformation?
A) Itbisbpreparedbbasedbonbcost-benefitbanalysis.
B) Itbisbprimarilybusedbbybmanagersbtobmakebinternalbbusinessbdecisions.
C) Itbfocusesbonbthebpast-orientedbfinancialbperformancebofbabcompany.
D) Itbonlybmeasuresbthebcashbtransactionsbofbabcompa
ny.bAnswer:bC
Diff:b2
Objective:b 1
AACSB:b Analyticalbthinking
4
Copyrightb©b2021bPearsonbEducation,bLtd.
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