Homework answers / question archive / Which one of the following items is not one of the three primary manager responsibilities? Planning Directing Adjusting Controlling Which of the following is not one of the IMA's overarching ethical principles? Responsibility Honesty Fairness Creativity The management strategy designed to eliminate waste is called a(n) lean thinking- activity - based costing, traditional thinking, full costing

Which one of the following items is not one of the three primary manager responsibilities? Planning Directing Adjusting Controlling Which of the following is not one of the IMA's overarching ethical principles? Responsibility Honesty Fairness Creativity The management strategy designed to eliminate waste is called a(n) lean thinking- activity - based costing, traditional thinking, full costing

Accounting

Share With

1. Which one of the following items is not one of the three primary manager responsibilities?
   Planning
   Directing
   Adjusting
   Controlling
2. Which of the following is not one of the IMA's overarching ethical principles?
   Responsibility
   Honesty
   Fairness
   Creativity
3. The management strategy designed to eliminate waste is called a(n)
   lean thinking-
   activity - based costing,
   traditional thinking,
   full costing.
4. London Plastics has monthly fixed costs of $84,000, while its variable costs are $4.00 per unit. If the sales price of a unit is $15.00 and London Plastics sell 14,000 units, the company's average fixed costs per
   unit will be
   $10.00 per unit.
   $11.00 per unit.
   $4.00 per unit.
   $6.00 per unit.
5. What ethical standard is being violated when you tell a friend that the company you work for is going to report lower than expected earnings next week?
   Credibility
   Integrity
   Confidentiality
   Competence
6. The primary goal of managerial accounting is to provide information to
   creditors.
   shareholders.
   internal decision - makers.
   both shareholders and creditors.
7. IFRS stands for
   International Financial Reporting Standards.
   Important Foreign Registering Systems.
   International and Foreign Registering Standards.
   International and Foreign Reporting Systems.
8. Fun Stuff Manufacturing produces frisbees using a three - step sequential process that includes molding, coloring and finishing. When the frisbees and associated costs are transferred from the molding process
   to the coloring process, which account is debited?
   WIP inventory - finishing
   WIP inventor - coloring
   WIP inventory - molding
   Raw materials inventory
9. Before the year began, Murphy Manufacturing estimated that manufacturing overhead for the year would be $175,500 and that 13,000 direct labor hours would be worked. Actual results for the year included
   the following:
   Actual manufacturing overhead cost $184,000
   Actual direct labor hours 14,500
   The predetermined manufacturing overhead rate per direct labor hour is closest to
   $13.50.
   $14.15.
   $12.10.
   $12.69.
10. The cost of inspection at various stages of production is an example of a(n)
    external failure cost,
    prevention cost,
    internal failure cost,
    appraisal cost.