Managerial Accounting The Cornerstone of Business Decisions International Edition 4th Edition – Test Bank
$25.00
Managerial Accounting The Cornerstone of Business Decisions International Edition 4th Edition – Test Bank
📚 Download and Learn Now!
Get ready for your test with this easy test bank. It has lots of questions to help you learn about people and how they think.
✅ What You Get:
- 💡 Download Fast – Get it right after you buy.
- 📝 Lots of Questions – Learn important ideas.
- 📖 Easy Answers – Simple words to help you understand.
- 🏆 Test Practice – Get ready for your exam.
- 🎯 Great for Learning – Perfect for students and teachers.
Chapter 3—Cost Behavior
TRUE/FALSE
1.A cost that changes in total as output changes is a variable cost.
ANS: T PTS: 1 DIF: Easy OBJ: 3-1
NAT:AACSB Analytic | AICPA FN-Measurement | IMA-Cost Management | ACBSP-APC-28-Variable and Fixed Costs
2.The cost of raw materials used is usually a fixed cost.
ANS: F
The cost of raw materials used is usually a variable cost.
PTS:1DIF:EasyOBJ:3-1
NAT:AACSB Analytic | AICPA FN-Measurement | IMA-Cost Management | ACBSP-APC-28-Variable and Fixed Costs
3.Fixed costs are costs that in total remain constant within the relevant range as the level of output increases or decreases.
ANS: T PTS: 1 DIF: Easy OBJ: 3-1
NAT:AACSB Analytic | AICPA FN-Measurement | IMA-Cost Management | ACBSP-APC-28-Variable and Fixed Costs
4.As output decreases fixed costs per unit will increase.
ANS: T PTS: 1 DIF: Easy OBJ: 3-1
NAT:AACSB Analytic | AICPA FN-Measurement | IMA-Cost Management | ACBSP-APC-28-Variable and Fixed Costs
5.As output increases variable cost per unit will also increase.
ANS: F PTS: 1 DIF: Easy OBJ: 3-1
NAT:AACSB Analytic | AICPA FN-Measurement | IMA-Cost Management | ACBSP-APC-28-Variable and Fixed Costs
6.The cost of advertising is usually a discretionary fixed cost.
ANS: T PTS: 1 DIF: Easy OBJ: 3-1
NAT:AACSB Analytic | AICPA FN-Measurement | IMA-Cost Management | ACBSP-APC-28-Variable and Fixed Costs
7.A discretionary fixed cost can be changed relatively easily at management discretion.
ANS: T PTS: 1 DIF: Easy OBJ: 3-1
NAT:AACSB Analytic | AICPA FN-Measurement | IMA-Cost Management | ACBSP-APC-28-Variable and Fixed Costs
8. The relevant range is the range of output in which the assumed cost relationship is valid for the normal operations of the firm.
ANS: T PTS: 1 DIF: Easy OBJ: 3-1
NAT:AACSB Analytic | AICPA FN-Measurement | IMA-Cost Management | ACBSP-APC-28-Variable and Fixed Costs
9. Determining cost behavior is not essential to planning, controlling, and decision-making.
ANS: F
Determining cost behavior is essential to planning, controlling, and decision-making.
PTS:1DIF:EasyOBJ:3-1
NAT:AACSB Analytic | AICPA FN-Decision Modeling | IMA-Cost Management | ACBSP-APC-28-Variable and Fixed Costs
10. A variable cost increases in total when output increases but the per-unit costs remain the same.
ANS: T PTS: 1 DIF: Easy OBJ: 3-1
NAT:AACSB Analytic | AICPA FN-Measurement | IMA-Cost Management | ACBSP-APC-28-Variable and Fixed Costs
Related Test Bank
Additional information
Frequently Asked Questions:
🚨 Warning: This Isn’t Your Typical Textbook! 🚨.
This Test Bank is a complete collection of study questions, instantly available for download in PDF format. It covers every chapter, giving you immediate access to high-quality, reliable study materials for effective exam preparation. All content is original and features 100% verified answers for your confidence.
What is a Test Bank?
A Test Bank is a study aid featuring a collection of questions with corresponding answers, typically related to academic textbooks. Publishers provide these test banks to instructors to assist in creating effective exams and tests for students.
Are all chapters included, and are there questions for each chapter?
Are answers to the questions verified?
Yes, all answers provided in the Test Bank are thoroughly verified to ensure accuracy.
Is the content original and directly from the publisher?
Yes, rest assured that the content is original and sourced directly from the publisher.
Can I share the Test Bank with others?
No, the Test Bank is for personal use only, and sharing or distributing it is not permitted.
Can I study the material on any device?
Absolutely! The Test Bank is in PDF format, making it compatible with all devices and browsers for your convenience.
How soon can I start studying after making a purchase?
Immediately! The Test Bank is available for instant download, allowing you to begin your study journey right after completing the purchase.
Are there any additional Test Banks or resources available?
Yes, we offer a variety of Test Banks, ATI, Hesi Exams, and more. Feel free to contact us for information on additional study resources.
What if I encounter technical issues with the download?
In case of any technical difficulties, please contact our support team, and they will promptly assist you in resolving the issue.
You May Also Be Interested In
Products related to this item
Test Bank For Advanced Accounting 5th Edition Patrick Hopkins Robert Halsey
Original price was: $25.00.$20.00Current price is: $20.00. Buy Now
Test Bank For Operations Now Supply Chain Profitability and Performance 3rd Edition
Original price was: $25.00.$22.00Current price is: $22.00. Buy NowWhat Our Customers Say About e-testbank.com
Excellent
Based on 653 reviews
Only logged in customers who have purchased this product may leave a review.
Reviews
There are no reviews yet.