DOWNLOAD THE Test Bank for Cost Management Strategic Emphasis 9th Editi
v v v v v v v v v v
on Blocher v
Cost Management A Strategic Emphasis 5th Edition by
v v v v v v v
Blocher CH01 v
MULTIPLEvCHOICEv-
vChoosevthevonevalternativevthatvbestvcompletes vthevstatementvorvanswersvthevquestion.
1) Whichvofvthevfollowingvdoesvnotvrepresentvavmainvfocusvofvcostvmanagementvinformation?
1) v
A) Strategicvmanagement.
B) Performancevmeasurement.
C) Planningvandvdecisionvmaking.
D) Preparationvofvfinancialvstatements.
E) Internalvauditvandvcontrol.
2) Strategicvmanagementvcanvbevdefinedvasvthevdevelopmentvofvavsustainable:
2)v
A) Chainvofvcommand.
B) Competitivevposition.
C) Cashvflow.
D) Businessventity.
E) Companyvimage.
3) Costvmanagementvhasvmovedvfromvavtraditionalvrolevofvproductvcostingvandvoperationalvc
ontrolvtovavbroadervstrategicvfocus,vwhichvplacesvanvemphasisvon:
3)v
A) Competitivevpricing.
B) Domesticvmarketing.
C) Short-termvthinking.
D) Strategicvthinking.
E) Independentvjudgment.
4) Costvmanagementvisvusedvtovanalyzevthevcostvconsequencesvofvdifferentvdesignvchoicesva
ndvtovmeasurevandvreportvthevmanyvaspectsvofvquality,vincludingvallvofvthevfollowingvexcept:
4)v
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A) Wastedvlaborvorvmaterials.
B) Thevnaturevofvcomplaints,vwarrantyvcosts,vandvproductvrecalls.
C) Thevshort-vandvlong-termvgoalsvofvsustainability.
D) Thevnumbervofvservicevcalls.
E) Productionvbreakdowns.
5) Invavlocalvfactory,vemployeesvarevrewardedvforvfindingvnewvandvbettervwaysvofvchangingvt
hevwayvtheyvwork.vThisvcompanyvisvmotivatingvitsvemployeesvtovusevwhatvmanagementvtechniqu
e?
5)v
A) Benchmarking.
B) Activity-BasedvCosting.
C) TheoryvofvConstraints.
D) ContinuousvImprovement.
E) TotalvQualityvManagement.
6) Avcompany'svmanagementvaccountantvisvtryingvtovimprovevthevwayvcostsvarevallocatedv
withinvthevcompany.vCurrently,vseveralvcorporatevexpensesvarevgroupedvtogethervandvlabeledv"
overhead."vIfvthevaccountantvwantedvtovusevactivity-
basedvcostingv(ABC)vtovhelpvsolvevthevproblem,vwhatvshouldvshevdo?
6)v
A) Shevshouldvtryvtovtracevthevdepartments'vcostsvtovtheirvcostvobjects,vandvthenvchargeve
achvdepartmentvbasedvonvthosevcostvrelationships.
B) Shevshouldvresearchvhowvthevcompany'svcompetitorsvarevallocatingvtheirvcosts,vandvt
henvimplementvonevofvthosevstrategies.
C) Shevshouldvlookvforvbottlenecksvwithinvthevproductionvprocess,vandvtryvtoveliminatevt
hem,vthusvreducingvcosts.
D) Shevshouldvexaminevthevfirm'svvaluevchainvandvapplyvtargetvcostingvbeforevadoptingva
ctivity-basedvcostingv(ABC)
E) Shevshouldvidentifyvandvmonitorvthevcostsvofvavproductvthroughoutvitsvlifevcyclevtovseev
wherevthevcostsvmostlyvcomevfrom.
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Blocher CH01 v
7) Thevdifferencevbetweenvwholesalersvandvretailersvis:
7)v
A) Wholesalersvarevmerchandisersvthatvsellvdirectlyvtovcustomersvwhereasvretailersvarev
merchandisersvthatvsellvtovothervmerchandisers.
B) Wholesalersvarevmerchandisersvthatvsellvtovothervmerchandisersvwhereasvretailersvarev
merchandisersvthatvsellvdirectlyvtovconsumers.
C) Wholesalersvarevmerchandisersvthatvsellvdirectlyvtovthevgovernmentvwhereasvretailersv
arevmerchandisersvthatvsellvtovothervmerchandisers.
D) Wholesalersvarevmerchandisersvthatvsellvdirectlyvtovcustomersvwhereasvretailersvarev
merchandisersvthatvsellvdirectlyvtovthevgovernment.
E) Therevisvnovdifferencevbetweenvwholesalersvandvretailers.
8) Whenvmanagersvproducevvaluevforvthevcustomer,vtheirvorientationvconsistsvofvallvthevf
ollowingvexcept:
8)v
A) Quality.
B) Timelinessvofvdelivery.
C) Thevabilityvtovrespondvtovthevcustomer'svdesirevforvspecificvfeatures.
D) Statevofvthevartvmanufacturingvfacilities.
E) Service.
9) InvwhichvofvthevfollowingvsituationsvwouldvTheoryvofvConstraintsvbevuseful?
9)v
A) Firmsvthatvhavevjustvadoptedvleanvmanufacturing.
B) Balanced,vfastvmovementvofvproductvthroughvthevplant.
C) Managementvwantsvitsvproductsvtovhavevcompetitivevpricesvthatvearnvavdesiredvprofit.
D) Longvlinesvatvcheckoutvstands.
E) Competitorsvhavevstartedvtovfocusvonvsustainabilityvandvhavevfoundvsuccessvinvthev
public’sveyes.
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10) Targetvcostingvdeterminesvthevdesiredvcostvforvavproductvuponvthevbasisvofvavgivenvc
ompetitivevpricevsuchvthatvthevproductvwill:
10)v
A) Earnvatvleastvavsmallvprofit.
B) Earnvavdesiredvprofit.
C) Earnvthevmaximumvprofit.
D) Breakveven.
E) Sellvthevhighestvvolume.
11) Whichvofvthevfollowingvisvnotvavconsequencevofvavlackvofvstrategicvinformation?
11)v
A) Lackvofvclarityvaboutvdirectionvandvgoals.
B) Failurevtovidentifyvmostvprofitablevproducts,vcustomers,vandvmarkets.
C) Decisionsvbasedvonvqualityvfinancialvinformation.
D) Incorrectvinvestmentvdecisions.
E) Choosingvproducts,vmarkets,vorvmanufacturingvprocessesvinconsistentvwithvstrategic
goals.
12) Thevstrategyvmapvisvavtoolvthatvisvused:
12)v
A) asvonevofvthevkeyvaspectsvofvthevcontemporaryvmanagementvenvironment.
B) tovenhancevthevsustainabilityvofvthevorganization.
C) tovlinkvthevperspectivesvofvthevbalancedvscorecard.
D) tovorganizevthevcriticalvsuccessvfactorsvofvavcompany.
E) tovimplementvstrategy.
13) Costvmanagementvinformationvtypicallyvisvthevresponsibilityvofvthe:
13)v
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v v v v v v v v v v
on Blocher v
Cost Management A Strategic Emphasis 5th Edition by
v v v v v v v
Blocher CH01 v
MULTIPLEvCHOICEv-
vChoosevthevonevalternativevthatvbestvcompletes vthevstatementvorvanswersvthevquestion.
1) Whichvofvthevfollowingvdoesvnotvrepresentvavmainvfocusvofvcostvmanagementvinformation?
1) v
A) Strategicvmanagement.
B) Performancevmeasurement.
C) Planningvandvdecisionvmaking.
D) Preparationvofvfinancialvstatements.
E) Internalvauditvandvcontrol.
2) Strategicvmanagementvcanvbevdefinedvasvthevdevelopmentvofvavsustainable:
2)v
A) Chainvofvcommand.
B) Competitivevposition.
C) Cashvflow.
D) Businessventity.
E) Companyvimage.
3) Costvmanagementvhasvmovedvfromvavtraditionalvrolevofvproductvcostingvandvoperationalvc
ontrolvtovavbroadervstrategicvfocus,vwhichvplacesvanvemphasisvon:
3)v
A) Competitivevpricing.
B) Domesticvmarketing.
C) Short-termvthinking.
D) Strategicvthinking.
E) Independentvjudgment.
4) Costvmanagementvisvusedvtovanalyzevthevcostvconsequencesvofvdifferentvdesignvchoicesva
ndvtovmeasurevandvreportvthevmanyvaspectsvofvquality,vincludingvallvofvthevfollowingvexcept:
4)v
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v v v v v v v
Blocher CH01 v
A) Wastedvlaborvorvmaterials.
B) Thevnaturevofvcomplaints,vwarrantyvcosts,vandvproductvrecalls.
C) Thevshort-vandvlong-termvgoalsvofvsustainability.
D) Thevnumbervofvservicevcalls.
E) Productionvbreakdowns.
5) Invavlocalvfactory,vemployeesvarevrewardedvforvfindingvnewvandvbettervwaysvofvchangingvt
hevwayvtheyvwork.vThisvcompanyvisvmotivatingvitsvemployeesvtovusevwhatvmanagementvtechniqu
e?
5)v
A) Benchmarking.
B) Activity-BasedvCosting.
C) TheoryvofvConstraints.
D) ContinuousvImprovement.
E) TotalvQualityvManagement.
6) Avcompany'svmanagementvaccountantvisvtryingvtovimprovevthevwayvcostsvarevallocatedv
withinvthevcompany.vCurrently,vseveralvcorporatevexpensesvarevgroupedvtogethervandvlabeledv"
overhead."vIfvthevaccountantvwantedvtovusevactivity-
basedvcostingv(ABC)vtovhelpvsolvevthevproblem,vwhatvshouldvshevdo?
6)v
A) Shevshouldvtryvtovtracevthevdepartments'vcostsvtovtheirvcostvobjects,vandvthenvchargeve
achvdepartmentvbasedvonvthosevcostvrelationships.
B) Shevshouldvresearchvhowvthevcompany'svcompetitorsvarevallocatingvtheirvcosts,vandvt
henvimplementvonevofvthosevstrategies.
C) Shevshouldvlookvforvbottlenecksvwithinvthevproductionvprocess,vandvtryvtoveliminatevt
hem,vthusvreducingvcosts.
D) Shevshouldvexaminevthevfirm'svvaluevchainvandvapplyvtargetvcostingvbeforevadoptingva
ctivity-basedvcostingv(ABC)
E) Shevshouldvidentifyvandvmonitorvthevcostsvofvavproductvthroughoutvitsvlifevcyclevtovseev
wherevthevcostsvmostlyvcomevfrom.
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on Blocher v
Cost Management A Strategic Emphasis 5th Edition by
v v v v v v v
Blocher CH01 v
7) Thevdifferencevbetweenvwholesalersvandvretailersvis:
7)v
A) Wholesalersvarevmerchandisersvthatvsellvdirectlyvtovcustomersvwhereasvretailersvarev
merchandisersvthatvsellvtovothervmerchandisers.
B) Wholesalersvarevmerchandisersvthatvsellvtovothervmerchandisersvwhereasvretailersvarev
merchandisersvthatvsellvdirectlyvtovconsumers.
C) Wholesalersvarevmerchandisersvthatvsellvdirectlyvtovthevgovernmentvwhereasvretailersv
arevmerchandisersvthatvsellvtovothervmerchandisers.
D) Wholesalersvarevmerchandisersvthatvsellvdirectlyvtovcustomersvwhereasvretailersvarev
merchandisersvthatvsellvdirectlyvtovthevgovernment.
E) Therevisvnovdifferencevbetweenvwholesalersvandvretailers.
8) Whenvmanagersvproducevvaluevforvthevcustomer,vtheirvorientationvconsistsvofvallvthevf
ollowingvexcept:
8)v
A) Quality.
B) Timelinessvofvdelivery.
C) Thevabilityvtovrespondvtovthevcustomer'svdesirevforvspecificvfeatures.
D) Statevofvthevartvmanufacturingvfacilities.
E) Service.
9) InvwhichvofvthevfollowingvsituationsvwouldvTheoryvofvConstraintsvbevuseful?
9)v
A) Firmsvthatvhavevjustvadoptedvleanvmanufacturing.
B) Balanced,vfastvmovementvofvproductvthroughvthevplant.
C) Managementvwantsvitsvproductsvtovhavevcompetitivevpricesvthatvearnvavdesiredvprofit.
D) Longvlinesvatvcheckoutvstands.
E) Competitorsvhavevstartedvtovfocusvonvsustainabilityvandvhavevfoundvsuccessvinvthev
public’sveyes.
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on Blocher v
Cost Management A Strategic Emphasis 5th Edition by
v v v v v v v
Blocher CH01 v
10) Targetvcostingvdeterminesvthevdesiredvcostvforvavproductvuponvthevbasisvofvavgivenvc
ompetitivevpricevsuchvthatvthevproductvwill:
10)v
A) Earnvatvleastvavsmallvprofit.
B) Earnvavdesiredvprofit.
C) Earnvthevmaximumvprofit.
D) Breakveven.
E) Sellvthevhighestvvolume.
11) Whichvofvthevfollowingvisvnotvavconsequencevofvavlackvofvstrategicvinformation?
11)v
A) Lackvofvclarityvaboutvdirectionvandvgoals.
B) Failurevtovidentifyvmostvprofitablevproducts,vcustomers,vandvmarkets.
C) Decisionsvbasedvonvqualityvfinancialvinformation.
D) Incorrectvinvestmentvdecisions.
E) Choosingvproducts,vmarkets,vorvmanufacturingvprocessesvinconsistentvwithvstrategic
goals.
12) Thevstrategyvmapvisvavtoolvthatvisvused:
12)v
A) asvonevofvthevkeyvaspectsvofvthevcontemporaryvmanagementvenvironment.
B) tovenhancevthevsustainabilityvofvthevorganization.
C) tovlinkvthevperspectivesvofvthevbalancedvscorecard.
D) tovorganizevthevcriticalvsuccessvfactorsvofvavcompany.
E) tovimplementvstrategy.
13) Costvmanagementvinformationvtypicallyvisvthevresponsibilityvofvthe:
13)v
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