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Q&A Bank >> 7 February 2013



Q : i have 6 cups of patatos that i have to share with 13
Q : jumping rope can burn 600 calories per hour write and solve
Q : ltbrgt2 vaccinations against various
Q : you are called in as a financial analyst to appraise the
Q : if baroreceptors are primed to detect blood pressure
Q : what do you understand by quotline balancingquot what
Q : what are the risks involved in moving from a
Q : a paper mill produces two grades of paper viz x and y
Q : example of contract account a company has been awarded
Q : example of job order costingthe given transactions were
Q : solitary and colonial formsanimals may lead their lives
Q : considerations in variance investigationas already notice
Q : making variance analysis more meaningfulto compose variance
Q : reasons for overhead variances useful for control
Q : occurrence of overhead variancesoverhead variances arise
Q : component of fixed overheads variancefixed overhead
Q : fixed overheads variancethis is defined like the difference
Q : total variable overheads variances if variable overhead
Q : variable overhead efficiency variancebudget for december
Q : variable overhead expenditure variance budget for
Q : illustration of overhead variance analysisagain for
Q : developing and insight into labour and material variancethe
Q : overhead variancesthis explains how the variable overhead
Q : typical causes of labour varianceslabour rate variancesa
Q : typical causes of material variancesprice variancesa paying
Q : direct labour efficiency variancesit is the difference
Q : direct labour rate varianceit is the difference among the
Q : microprocessorswe have learnt 8085 family of
Q : usefulness of variance analysiscarefully note that while
Q : price and quality aspect of varianceat this point it is
Q : assignment of variance in variance calculation in variances
Q : importance of variance analysisvariance analysis is aimed
Q : definition of variance analysisvariance analysis can merely
Q : important points regarding to the variance analysisvariance
Q : variance analysisthis section describes how labour material
Q : disadvantages of standard costing1 the system of standard
Q : advantages of standard costing1 management via exception
Q : goal definition and communication - behavioural aspects of
Q : motivation - behavioural aspects of standardsvariance
Q : participation - behavioural aspects of standardsit has
Q : goal congruence - behavioural aspects of standardsa perfect
Q : behavioural aspects of standardsbudgets and standards rely
Q : standard cost cardit is a card record of the standard or
Q : prepare the material cost budget of products of a
Q : standards and budgetsbudgets like you recall from the
Q : standards in standard costing1 the type of standard
Q : attainable standards and current standardsalthough the
Q : types of standard coststhe standard cost set could be ideal
Q : standard costinga standard cost is a predetermined
Q : zero flagthe next line compares the value in register a
Q : process of setting standards in standard
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Q : standard cost and standard costingto effectively control
Q : standard costit is especially serious that you establish a
Q : stages of implementation of zero based budgeting 1
Q : advantage and disadvantages of zero based
Q : zero based budgeting it is referred to also like priority
Q : example of flexible and fixed budgeta company has budgeted
Q : choice of budget flexing basis the most suitable flexing
Q : flexible budgetflexible budget is a budget that is designed
Q : fixed budgetingthe master budget discussed before is a
Q : a paper mill produces two grades of paper viz x and y
Q : cash budget - budgetary planning and controlthis can
Q : capital expenditure budget this represents the expenditure
Q : digital electronicswe have study the fundamentals of
Q : development and research cost budgetthese are costs that
Q : administration costs budget this represents the costs of
Q : distribution and selling cost budget this is the forecast
Q : factory overhead budgetthis budget represents the forecasts
Q : direct labour budgetit represents the forecasts of indirect
Q : direct materials budgetthis budget implies the estimated
Q : a paper mill produces two grades of paper viz x and y
Q : a paper mill produces two grades of paper viz x and y
Q : sales budgetit provides volume of sales and sales mix of
Q : organization of budgetary controlbudgetary control ideally
Q : limitations of budgeting 1 too mush reliance may reason
Q : objectives of budgetary planning 1 coordinationthe
Q : budgetary planning and controlbudgeting refers to the
Q : advantages and disadvantages of uniform costingadvantages 1
Q : requirements of uniform costing1 uniform costing systems
Q : uniform costingit is a general system utilizing agreed
Q : constant gross margin ratethis method assumes that every
Q : physical measure and net realizable valuephysical
Q : methods required to allocate joint costs1 physicalunit
Q : allocation of joint costswhereas two or more products of
Q : shrinkage - production processthis refers to a
Q : accounting treatment of spoilage costs1 normal spoilage
Q : process lossesmost manufacturing processes result in
Q : example of process cost reportlet suppose that the
Q : process cost reportthis is a commonly employed statement
Q : calculate cost or equivalent units the given work in
Q : first in first out or fifo method - work in progressthis
Q : weighted average method - work in progresswhile this method
Q : methods of work in progressthe two main methods used for
Q : find out the cost per unit material a is added at the start
Q : determine equivalent units of the productlet assume there
Q : valuation of work in progress the concept of equivalent
Q : process costing procedure1 the production factory is
Q : process costingit is a costing method which is applied
Q : contract costing terminologyprinciples of profit income
Q : contract accountsit is a separate account such is
Q : it is known that a radioactive material decays at a rate
Q : contract costingit is a form of exact order costing which
Q : example of batch costingthe budgeted variable overheads of
Q : batch costingthis is a kind of job costing that is utilized
Q : accounting for job order costing1 direct labor dr
Q : accounting for job order costing - direct materialsdirect
Q : features and procedures of job costingfeatures of job
Q : job costing this is a costing method that is applied when a
Q : specific order costingthis is a broad costing system that
Q : determine opportunity costsa company has material b in
Q : opportunity costs are relevant costsopportunity cost
Q : determine the incremental costa company currently makes a
Q : incremental costs as relevant costsan incremental cost is
Q : direct cost as a relevant costdirect costs may be directly
Q : determine the single limiting factora company manufactures
Q : single limiting factorwhere a single limiting factor exists
Q : relevant costs and decision-makingthe relevance of costs
Q : decision making cyclesteps in decision-making cycle are asa
Q : factors affect decision makingthese decisions need
Q : decision makingnature of decision-makingdecision-making may
Q : limitations of cvp analysisthe make use of the basic cvp
Q : cvp and computer applicationsthe broad availability of
Q : electronic circuitsthis unit has dealt with discrete
Q : changes in product mixa change in product mix in which
Q : cvp analysis in situations subject to changerevenue and
Q : profit analysis and cost volume or cvp analysiscvp analysis
Q : assumptions of break-even analysis1 the break-even chart is
Q : break-even analysisbreak-even point is the volume of sales
Q : determine cost per unit by using marginal and absorption
Q : distinction between absorption and marginal costingthese
Q : 1 perfect competitive and monopoly are extreme market
Q : absorption costing marginal cost and marginal
Q : comparison between marginal costing and absorption
Q : determine profit by using absorption costingassuming the
Q : determine profit in long-termto demonstrate the point about
Q : determine difference between results using marginal costing
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