FM015: PART A SET 1
Authored by PUAN Moe
Financial Education
Professional Development
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17 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
1. Which of the following statements relating to management information are true?
2.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
2. A total cost is described as staying the same over a certain activity range and then increasing but remaining stable over a revised activity range in the short term. What type of cost is this?
3.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
3. The manager of a profit centre is responsible for which of the following?
4.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
4. A local weekly newspaper sells about half a million copies a week in a region of about 100 square miles. It is decided that the sample will represent the various age groups, income groups, men and women, and people from different areas of the region in proportion to their numbers in the population in the region. Which type of the following samples is constructed in this manner?
5.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
5. Which of the following is an example of external information that could be used in a management accounting system?
6.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
6. There is to be an increase next year in the rent from $12,000 to $14,000 for a warehouse used to store finished goods ready for sale. What will be the impact of this increase on the value of inventory manufactured and held in the warehouse?
7.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
7. The sales manager has prepared a manpower plan to ensure that sales quotas for the forthcoming year are achieved. This is an example of what type of planning?
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