United States - v1 - AICPA-10 - FN-Measurement
United States - v1 - IMA-08 - Information Management
KEYWORDS: Bloom's - Understanding
NOTES: Time Estimate - 5 min.
DATE CREATED: 10/7/2016 9:25 AM
DATE MODIFIED: 10/7/2016 9:25 AM
QUESTION ID: JFND-GO33-GINU-1QJI
QUESTION GLOBAL ID: GCID-E7BW-1TBP-CTTU-Y3DF-GCHD-Q3DD-8Y41-4CUR-GRH1-43UR-GO4N-43UG-
GOHN-43JW-GAHU-1CTT-GIDI-GWN8-EPRW-EMJZ-C31D-ECJA-GC3D-GAUN-GCSU-
1P3A-8RSU-RC5N-GOSS-CQDF-GOSU-RCDR-CT1D-YATA-E7JI-YT4D-JFNN-4OTI-
GO4W-NQNBEE
56. Which of the following costing activities is associated with the financial accounting system?
a. determining the cost of a department
b. determining the cost of goods sold for financial statements
c. preparing budgets
d. determining the cost of a customer
ANSWER: b
POINTS: 1
DIFFICULTY: Moderate
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: COCM.HANS.18.1-1 - LO: 01.01
NATIONAL STANDARDS: United States - BUSPROG - Analytic
STATE STANDARDS: United States - v1 - ACBSP-APC-26 - Management Functions
United States - v1 - AICPA-10 - FN-Measurement
United States - v1 - IMA-07 - Cost Management
KEYWORDS: Bloom's - Understanding
NOTES: Time Estimate - 5 min.
DATE CREATED: 10/7/2016 9:25 AM
DATE MODIFIED: 10/7/2016 9:25 AM
QUESTION ID: JFND-GO33-GINU-1QJW
QUESTION GLOBAL ID: GCID-E7BW-1TBP-CTTU-Y3DF-GCHD-Q3DD-8Y41-4CUR-GRH1-43UR-GO4N-43UG-
GOHN-43JW-GAHU-1CTT-GIDI-GWN8-EPRW-EMJ1-GCAG-GC3I-GH5D-YCBZ-CCSS-
CATI-8YSU-NC3W-GOSU-1AMF-CESU-QPUD-GYHG-RPDG-E7JI-YT4D-JFNN-4OTI-
GO4W-NQNBEE
57. Which of the following activities is associated with the cost management information system?
a. preparing reports for division managers
b. preparing reports for the IRS
c. preparing reports for the SEC
d. preparing financial statements that conform to GAAP
ANSWER: a
POINTS: 1
DIFFICULTY: Moderate
Chapter 1
Copyright Cengage Learning. Powered by Cognero. Page 31
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: COCM.HANS.18.1-1 - LO: 01.01
NATIONAL STANDARDS: United States - BUSPROG - Analytic
STATE STANDARDS: United States - v1 - ACBSP-APC-26 - Management Functions
United States - v1 - AICPA-10 - FN-Measurement
United States - v1 - IMA-08 - Information Management
KEYWORDS: Bloom's - Understanding
NOTES: Time Estimate - 5 min.
DATE CREATED: 10/7/2016 9:25 AM
DATE MODIFIED: 10/7/2016 9:25 AM
QUESTION ID: JFND-GO33-GINU-1TKN
QUESTION GLOBAL ID: GCID-E7BW-1TBP-CTTU-Y3DF-GCHD-Q3DD-8Y41-4CUR-GRH1-43UR-GO4N-43UG-
GOHN-43JW-GAHU-1CTT-GIDI-GWN8-EPRW-EMMF-GO3D-13DD-GITU-GQJI-GYSU-
E3UG-CESU-CAT3-GOSU-RC31-GOSU-GP5R-CTOS-E3TW-E7JI-YT4D-JFNN-4OTI-
GO4W-NQNBEE
58. Which of the following information systems provides information that helps managers engage in a program of
continuous improvement of all aspects of their businesses?
a. The financial accounting information system
b. The operational control information system
c. The cost management information system
d. The value chain information system
ANSWER: b
POINTS: 1
DIFFICULTY: Easy
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: COCM.HANS.18.1-1 - LO: 01.01
NATIONAL STANDARDS: United States - BUSPROG - Analytic
STATE STANDARDS: United States - v1 - ACBSP-APC-26 - Management Functions
United States - v1 - AICPA-10 - FN-Measurement
United States - v1 - IMA-07 - Cost Management
KEYWORDS: Bloom's - Understanding
NOTES: Time Estimate - 5 min.
DATE CREATED: 10/7/2016 9:25 AM
DATE MODIFIED: 1/22/2017 11:31 PM
QUESTION ID: JFND-GO33-GINU-1TKB
QUESTION GLOBAL ID: GCID-E7BW-1TBP-CTTU-Y3DF-GCHD-Q3DD-8Y41-4CUR-GRH1-43UR-GO4N-43UG-
GOHN-43JW-GAHU-1CTT-GIDI-GWN8-EPRW-EMJT-GA4S-EAJO-CC5G-KATS-CESU-
GC5B-8YSS-GAJ1-GOSS-NC5D-CCSS-KQB3-GW3D-RCTT-E7JI-YT4D-JFNN-4OTI-
GO4W-NQNBEE
59. Which of the following activities is NOT associated with the financial accounting information system?
a. reporting on the cost of quality
b. reporting to the SEC
Chapter 1
Copyright Cengage Learning. Powered by Cognero. Page 32
c. preparing reports for the IRS
d. preparing a statement of cash flows
ANSWER: a
POINTS: 1
DIFFICULTY: Moderate
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: COCM.HANS.18.1-1 - LO: 01.01
NATIONAL STANDARDS: United States - BUSPROG - Analytic
STATE STANDARDS: United States - v1 - ACBSP-APC-26 - Management Functions
United States - v1 - AICPA-11 - FN-Reporting
United States - v1 - IMA-08 - Information Management