超星会计英语_1课后答案(学习通2023课后作业答案)

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Chapter 1 Managerial Accounting and the Business Environment（管理会计概论）

新Pre-test Lesson 1

1、超星Management accounting is 计后作concerned with providing information to managers, the people _____an organization who direct and control its operations?
A、Inside
B、英语业答Outside
C、课后All of the above
D、答案None of the above

2、学习Financial accounting primarily summarizes ____ financial transactions,通课 while management accounting has a strong ____orientation.
A、Future; Future
B、超星Future; Past
C、计后作Past; Future
D、英语业答Past; Past

3、课后With the fast changing globalized economy,答案 Management Accounting plays an important role in supporting managers to make quick and relevant decisions.

4、Only large organization has managers. Managers must be responsible for planning,学习 directing and motivating personnel, controlling operations and making informed decision making.

5、The通课 ________________is an ethical code issued by Institute of Management Accountants (IMA) of the United States and a revised version was published in July 2017.

Chapter 2 Cost Concepts（成本分类）

Test-Lesson 2

1、Which of the following costs belongs to direct labor costs?超星
A、Wages paid to automobile assembly workers
B、Salaries paid to maintenance workers
C、Salaries paid to janitors
D、Salaries paid to security guards

2、Which of the following costs would be considered a period rather than a product cost in a manufacturing company?
A、Manufacturing equipment depreciation.
B、Property taxes on corporate headquarters.
C、Direct materials costs.
D、Electrical costs to light the production facility.

3、Which of the following costs belongs to Selling and Administrative Costs?
A、Direct Labor Cost
B、Direct Material Cost
C、Depreciation of manufacturing equipment
D、Sales Commissions

4、Racing Bicycle Company produces and sells a single type of mountain bike. The beginning finished inventories are $130,000. Cost of bikes manufactured this year is $760,000. Ending finished goods inventories are $150,000. What is the cost of goods sold for this year?
A、$20,000.
B、$740,000.
C、$780,000.
D、$760,000.

5、Which of the following is not true about cost classification？
A、Costs and benefits that differ between alternatives are relevant in a decision.
B、Costs that can be easily and conveniently traced to a specified cost object are direct costs
C、The most commonly used classifications of cost behavior are differential costs, opportunity costs and sunk costs.
D、For the purpose of preparing financial statements, costs can be classified as product or period costs.

6、Suppose that you bought an automobile that cost $10,000 two years ago. Suppose that your car could be sold now for $5,000. You are trying to decide whether to drive or take the train to Kuala Lumpur to attend a concert. You have ample cash to do either, but you don’t want to waste money needlessly. Which of the following costs is relevant to this decision？
A、the cost of the train ticket
B、annual cost of licensing your car
C、the historical purchasing cost of $10,000
D、the market price of $5,000 in the second-hand market.

7、Which of the following costs would be variable with respect to the number of cones sold at a Baskins & Robbins shop? (There may be more than one correct answer.)
A、The cost of lighting the store.
B、The wages of the store manager.
C、The cost of ice cream.
D、The cost of napkins for customers.

8、Manufacturing companies purchase finished goods from suppliers for resale to customers

9、Consistent with the matching principle, product costs are initially assigned to an inventory account on the balance sheet.

10、When expressed on a per unit basis, a fixed cost is inversely related to activity.

11、Manufacturing overhead consist of indirect labor costs and indirect material costs.

12、Costs incurred for depreciation, property taxes, utilities, and insurance associated with its selling and administrative functions are included as part of manufacturing overhead.

13、Finished goods consist of units of product that are partially complete, but will require further work to be saleable to customers.

14、Manufacturing companies calculate cost of goods sold as Beginning Finished Goods Inventory plus Cost of Goods Manufactured minus Ending Finished Goods Inventory.

15、A fixed cost is constant within the relevant range. In other words, fixed costs do not change for changes in activity that fall within the “relevant range.”

Chapter 3 Cost Behavior：Analysis and Use（成本性态及其应用）

Test-Lesson 3

1、BMW, the renowned automobile manufacturing corporation, spends a big deal of money every year on production. Which of the following statement is true about cost classification?
A、Total cost of steering wheel is variable to the number of cars produced.
B、Cost per unit of steering wheel is variable to the number of cars produced.
C、Total cost of salary paid every year to each supervisor who work exclusively on the X5 line is variable to the number of cars produced
D、Total cost of salary paid every year to the cleaning is variable to the number of cars produced

2、Which of the following statement is incorrect with regard to least-squares regression method?
A、R squared, which is a measure of the “goodness of fit”, varies from 0% to 100%, and the higher the percentage the better.
B、The regression errors are the vertical deviations from the data points to the regression line.
C、The basic goal of this method is to fit a straight line to the data that minimizes the sum of the squared errors.
D、The least-squares regression method can be used to analyze mixed costs even if there Is no linear relationship between the X and Y variables

3、Which of the following methods provides the most accurate results in cost estimation?
A、Least-squares regression method
B、High-low method
C、Scatter-graph method
D、Account Analysis method

4、In July, BigBurgers Inc. served 5,000 burgers and was billed $500 for electricity by the utility company. In August, the company served 5,500 burgers and the electricity bill was $520. Using the high/low method, what is the fixed cost of electricity per month?
A、$20
B、$300
C、$320
D、$520

5、Which of the following belong to discretionary fixed costs? There may be more than one correct answer.
A、Insurance costs
B、Advertising
C、Depreciation on buildings and equipment
D、Research and development costs

6、A cost driver is a measure of what causes the incurrence of variable costs.

7、Production volume is the only activity base within companies.

8、Total fixed cost is proportional to the activity level within the relevant range, however, at per unit level, fixed cost remains unchanged.

9、A manufacturing company will often have many variable costs associated with the manufacture and distribution of its products to customers.

10、In engineering approach, each account under consideration is classified as variable and fixed based on the analyst’s prior knowledge about how costs behave. This approach is limited in value in the sense that it glosses over the fact that some accounts may have both fixed and variable components.

11、Account analysis approach is particularly useful to estimate mixed costs when no past experience is available concerning activity and costs.

12、Offshoring may help reduce operating costs for core business functions without relying on 3rd party suppliers.

13、A least squares regression method is a quick and easy way to isolate the fixed and variable components of a mixed cost.

14、The first step of high-low method is to choose the data points pertaining to the highest and lowest activity levels.

15、High-low method uses all of the data points in estimating cost behavior. The basic goal of this method is to fit a straight line to the data that minimizes the sum of the squared errors.

Chapter 4 Cost-Volume-Profit Analysis（本量利分析）

Test-Lesson 4

1、Which of the following assumptions is incorrect in cost-volume-profit analysis?
A、Selling price is constant.
B、Costs are linear and can be accurately divided into variable and fixed elements. Unit variable cost and unit fixed costs remain constant.
C、In multiproduct companies, the sales mix is constant.
D、In manufacturing companies, inventories do not change.

2、Which of the following statements is not true about CVP analysis?
A、CVP analysis is a tool that assists managers in understanding the relationship between revenues and costs and the effect of a change in either of these variables on the bottom line.
B、CVP analysis makes assumptions about the behavior of costs and applies those assumptions indefinitely even though these behaviors hold only for a period of time.
C、Decisions regarding what product to produce and what selling price and cost structure to use can all be made with the assistance of effective CVP analysis.
D、CVP analysis assumes the ratio of products will vary at different level of sales.

3、Coffee Klatch is an espresso stand in a downtown office building. The average selling price of a cup of coffee is $1.49 and the average variable expense per cup is $0.36. The average fixed expense per month is $1,300. 2,100 cups are sold each month on average. What is the CM Ratio for Coffee Klatch?
A、1.319
B、0.758
C、0.242
D、4.139

4、Coffee Klatch is an espresso stand in a downtown office building. The average selling price of a cup of coffee is $1.49 and the average variable expense per cup is $0.36. The average fixed expense per month is $1,300. How many cups of coffee would have to be sold to attain target profits of $2,500 per month？
A、3,363 cups
B、2,212 cups
C、1,150 cups
D、4,200 cups

5、Coffee Klatch is an espresso stand in a downtown office building. The average selling price of a cup of coffee is $1.49 and the average variable expense per cup is $0.36. The average fixed expense per month is $1,300. 2,100 cups are sold each month on average. What is the break-even sales dollars?
A、$1,300
B、$1,715
C、$1,788
D、$3,129

6、Coffee Klatch is an espresso stand in a downtown office building. The average selling price of a cup of coffee is $1.49 and the average variable expense per cup is $0.36. The average fixed expense per month is $1,300. 2,100 cups are sold each month on average. What is the margin of safety expressed in cups?
A、3,250 cups
B、950 cups
C、1,150 cups
D、2,100 cups

7、At Coffee Klatch the average selling price of a cup of coffee is $1.49, the average variable expense per cup is $0.36, the average fixed expense per month is $1,300 and an average of 2,100 cups are sold each month. If sales increase by 20%, by how much should net operating income increase?
A、30.0%
B、20.0%
C、22.1%
D、44.2%

8、RBC Corporation currently has a negative contribution margin. Which of the following statements is true?
A、It can break even by increasing its sales volume.
B、It can achieve a positive operating profit by reducing its fixed costs.
C、It can improve profits by decreasing its variable cost per unit.
D、It can improve profits by decreasing its selling price.

9、Darth Company sells three products. Sales and contribution margin ratios for the three products follow: Product X Y Z Sales in euros €20,000 €40,000 €80,000 Contribution margin ratio 35% 40% 15% Given these data, what is the contribution margin ratio for the company as a whole?
A、25%
B、30%
C、35%
D、40%

10、The traditional format of income statement is helpful to managers in judging the impact on profits of changes in selling price, cost, or volume.

11、The margin of safety is the volume or dollars of sales at which profit is zero.

12、The margin of safety helps management assess how far above or below the target profit the company is currently operating.

13、The contribution margin is defined as the amount remaining from sales revenue after manufacturing costs have been deducted.

14、In CVP graph, the break-even point is where the total revenue and total expenses lines intersect.

15、CM ratio, the contribution margin ratio is calculated by dividing the total contribution margin by total sales.

Chapter 5 Absorption Costing and Variable Costing（完全成本法与变动成本法）

Test-Lesson 5

1、Which method will produce the highest values for work in process and finished goods inventories?
A、Absorption costing
B、Variable costing
C、They produce the same values for these inventories
D、It depends

2、Which of the following options correctly describes product cost under absorption costing?
A、prime costs
B、direct material, direct labor and variable manufacturing overhead
C、direct material, direct labor and all manufacturing overhead
D、direct material, direct labor and selling & administrative expenses

3、Which of the following statement is not true about variable costing?
A、It is also called marginal costing method
B、It is preferred by some managers for internal decision making
C、It must be used when a traditional income statement is prepared
D、It is quite useful for CVP analysis.

4、Which of the following costs does not belong to manufacturing overhead?
A、maintenance and repairs on production equipment
B、heating and lighting bills of finance department
C、depreciation on manufacturing facilities
D、insurance on manufacturing facilities

5、Which of the following is not true about variable costing?
A、The data required for CVP analysis can be taken directly from variable costing net operating income statement
B、Variable costing profit can be easily manipulated by controlling the level of inventories
C、Variable costing data make it easier to estimate the profitability of products, customers, and other business segments
D、Variable costing net operating income is closer to net cash flow than absorption costing net operating income

6、Net income under absorption costing may differ from net income determined under variable costing. How is this difference calculated?
A、The difference is the change in the quantity of units in inventory times the fixed manufacturing overhead rate per unit.
B、The difference is the number of units produced during the period times the fixed manufacturing overhead rate per unit.
C、The difference is the change in the quantity of units in inventory times the variable manufacturing cost per unit
D、The difference is the number of units produced during the period times the variable manufacturing cost per unit

7、Variable costing is generally used for external reporting purposes and must be used when an income statement is prepared in the traditional format, which is required by IFRS and GAAP.

8、Under variable costing, we will get Contribution Margin by deducting total Variable Costs from Sales Revenue. After further deducting total Fixed Costs, we will finally get the Net Operating Income.

9、If inventories’ values decrease, then net operating income will be higher under absorption costing than that under variable costing.

10、All indirect labor costs are treated as variable manufacturing overhead with respect to the volume of output.

11、When companies use Lean Production, the difference between absorption costing and variable costing income tends to disappear.

12、 Please read the information above and calculate the unit product cost under absorption costing

13、Please read the information above and calculate the unit product cost under Variable costing

14、Please read the information above and calculate the net operating income under absorption costing for the month of June

15、Please read the information above and calculate the net operating income under variable costing for the month of June

学习通会计英语_1

会计英语是财务人员必备的一项技能，随着全球化的发展，英语已经成为国际商务交流的通用语言。学习通会计英语可以帮助我们更好地理解财务报表，掌握国际会计准则，开展国际财务业务等。

一、会计英语词汇

1. 货币 Monetary Unit

2. 资产 Asset

3. 流动资产 Current Asset

4. 非流动资产 Non-current Asset

5. 负债 Liability

6. 流动负债 Current Liability

7. 非流动负债 Non-current Liability

8. 所有者权益 Owner's Equity

9. 股本 Share Capital

10. 净资产 Net Asset

二、会计英语常用表达

1. 负债与所有者权益总额 Liabilities and Owner's Equity Total

2. 财务报表 Financial Statement

3. 资产总额 Total Assets

4. 费用总额 Total Expenses

5. 营业额 Turnover

6. 利润和损失 Profit and Loss

7. 净利润 Net Profit

8. 资产负债表 Balance Sheet

9. 利润表 Income Statement

10. 现金流量表 Cash Flow Statement

三、会计英语常用缩略词

1. A/R Accounts Receivable

2. A/P Accounts Payable

3. GAAP Generally Accepted Accounting Principles

4. IFRS International Financial Reporting Standards

5. EPS Earnings per Share

6. ROA Return on Assets

7. ROI Return on Investment

8. FIFO First In First Out

9. LIFO Last In First Out

10. EBIT Earnings Before Interest and Taxes

四、总结

学习会计英语需要不断积累词汇、理解概念和操作方法。掌握会计英语可以让我们更好地进行商务交流和更加精确地理解财务数据，提高工作效率和质量。

学习通会计英语_1

会计英语是财务人员必备的一项技能，随着全球化的发展，英语已经成为国际商务交流的通用语言。学习通会计英语可以帮助我们更好地理解财务报表，掌握国际会计准则，开展国际财务业务等。

一、会计英语词汇

1. 货币 Monetary Unit

2. 资产 Asset

3. 流动资产 Current Asset

4. 非流动资产 Non-current Asset

5. 负债 Liability

6. 流动负债 Current Liability

7. 非流动负债 Non-current Liability

8. 所有者权益 Owner's Equity

9. 股本 Share Capital

10. 净资产 Net Asset

二、会计英语常用表达

1. 负债与所有者权益总额 Liabilities and Owner's Equity Total

2. 财务报表 Financial Statement

3. 资产总额 Total Assets

4. 费用总额 Total Expenses

5. 营业额 Turnover

6. 利润和损失 Profit and Loss

7. 净利润 Net Profit

8. 资产负债表 Balance Sheet

9. 利润表 Income Statement

10. 现金流量表 Cash Flow Statement

三、会计英语常用缩略词

1. A/R Accounts Receivable

2. A/P Accounts Payable

3. GAAP Generally Accepted Accounting Principles

4. IFRS International Financial Reporting Standards

5. EPS Earnings per Share

6. ROA Return on Assets

7. ROI Return on Investment

8. FIFO First In First Out

9. LIFO Last In First Out

10. EBIT Earnings Before Interest and Taxes

四、总结

学习会计英语需要不断积累词汇、理解概念和操作方法。掌握会计英语可以让我们更好地进行商务交流和更加精确地理解财务数据，提高工作效率和质量。