快速查题-ACCA英国注册会计师试题

 Tree Co is considering employing a sales manager. Market research has shown that a good sales manager can increase profit by 30%, an average one by 20% and a poor one by 10%. Experience has shown that the company has attracted a good sales manager 35% of the time, an average one 45% of the time and a poor one 20% of the time. The company’s normal profits are $180,000 per annum and the sales manager’s salary would be $40,000 per annum. 

Based on the expected value criterion, which of the following represents the correct advice which Tree Co should be given? 

 A government is looking at assessing hospitals by reference to a range of both financial and non-financial factors, one of which is survival rates for heart by-pass operations and another is ‘cost per successfully treated patient’. 

Which of the three E’s in the ‘Value For Money’ framework is not measured here? 

 Which of the following statements, regarding the existence of multiple objectives in not-for-profit organisations, is/are correct? 

(1) They ensure goal congruence between stakeholders. 

(2) Compromise between objectives can be problematic. 

The following statements have been made about Activity-Based Budgeting (ABB): 

(1) The costs determined using ABC are used as a basis for preparing budgets. 

(2) The aim of ABB is to control the number of units output rather than the costs themselves. 

Which of the above statement(s) is/are true? 

 The following statements have been made about budgetary systems in the performance hierarchy: 

 (1) Developing new products in response the changes in technology is a budgeting activity that would fall within operational planning and control. 

(2) Budgetary systems at strategic planning levels look at the business as a whole and define resource requirements. 

Which of the above statement(s) is/are true? 

The following table shows the number of clients who attended a particular accountancy practice over the last four weeks and the total costs incurred during each of the weeks: 

      Week                                           Number of clients                            Total cost 

                                                                                                                                $

           1                                                       400                                                  36,880

           2                                                        440                                                 39,840 

           3                                                        420                                                 36,800 

           4                                                        460                                                  40,000

 Applying the high low method to the above information, which of the following could be used to forecast total cost ($) from the number of clients expected to attend (where x = the expected number of clients)? 

 The management accountant of a business has identified the following information: 

                   Activity level                              800 units                     1,200 units

                    Total cost                                  $16,400                         $23,600 

The fixed costs of the business step up by 40% at 900 units.  

What is the variable cost per unit? 

 Which of the following best describes a ‘basic standard’ within the context of budgeting? 

The following statements have been made about budgets and standards:

(i) Budgets can be used in situations where output cannot be measured, but standards cannot be used in such situations. 

(ii) Budgets can include allowances for inefficiencies in operations, but standards use performance targets which are attainable under the most favourable conditions.

 (iii) Budgets are used for planning purposes, standards are used only for control purposes. 

Which of the above statements is/are true? 

The following statements relate to the materials mix variance: 

(i) A favourable total mix variance would suggest that a higher proportion of a cheaper material is being used instead of a more expensive one.

 (ii) A favourable total mix variance will usually result in a favourable material yield variance. 

Which of the above statements are true?