快速查题-ACCA英国注册会计师试题

Which of the following is NOT CORRECT?

The following statements relate to financial accounting or to cost and management accounting:

(i) Financial accounts are historical records.

(ii) Cost accounting is part of financial accounting and establishes costs incurred by an organisation.

(iii) Management accounting is used to aid planning, control and decision making.Which of the statements are correct?

Which of the following is correct?

The manager of a profit centre is responsible for which of the following?

(i) Revenues of the centre

(ii) Costs of the centre

(iii) Assets employed in the centre

Which of the following would be best described as a short-term tactical plan?

A firm has to pay a 20c per unit royalty to the inventor of a device which it manufactures and sells. How would the royalty charge be classified in the firm's accounts?

Which of the following would be classed as indirect labour?

Which of the following functions are fulfilled by a goods received note (GRN)?(i) Provides information to update the inventory records on receipt of goods(ii) Provides information to check the quantity on the supplier's invoice(iii) Provides information to check the price on the supplier's invoice

There are 27,500 units of Part Number X35 on order with the suppliers and 16,250 units outstanding on existing customers' orders.If the free inventory is 13,000 units, what is the physical inventory?

A company is in the process of setting standard unit costs for next period. Product J uses two types of material, P and S. 7 kg of material P and 3 kg of material S are needed, at a standard price of $4 per kg and $9 per kg respectively.Direct labour will cost $7 per hour and each unit of J requires 5 hours of labour.Production overheads are to be recovered at the rate of $6 per direct labour hour, and general overhead is to be absorbed at a rate of ten per cent of production cost.What is the standard prime cost for one unit of product J?