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Management Accounting
Premium Q&As: 80
Version: PDF
Last update: September 09, 2023
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Related MA Questions & Answers
- Which statements are correct?
- Which of the following items of financial statements should now berecognized?
- What was thelaborrate variance for the three months to 31 March 2013?
- What figure should be reported as the net cash flow from investing activities in the statement of cash flows for the year to 31 May 2010?
- Which of the following comments about sales price is correct?
- Assuming that the divisions operate with total autonomy, which of the following options is the most likely reason for making internal transfers at a value which is less than the external selling price of the compressor division?
- Assuming that the full fair value method of valuation is used, what is the value of goodwill on acquisition?
- How much should be charged in the statement of comprehensive income for the year to 31 December 2009 as a result of the lease agreement?
- Which of the following choices would be a reason for the increase?
- How should the total lease liability be reported in the statement of financial position at 30 November 2010?
- Budgeted sales of X for December are 18,000 units. At the end of the production process for X, 10% of production units are scrapped as defective. Opening inventories of X for December are budgeted to be 15,000 units and closing inventories will be 11,400 units. All inventories of finished goods must have successfully passed the quality control check.
- What is the budgeted value of cash received from customers in September for sales of this product?
- What is the margin of safety, expressed in units (to the nearest unit)?
- If the data from the cost analysis exercise is used as the basis for Activity Based Costing, what is the revised cost per unit?
- What accounting concepts are reflected by the above two statements?
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