ACCTN101-25A (HAM) - Accounting for Management
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Which one of the following is not an advantage of decentralisation of management decision?
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Which of these is not a possible reason for an unfavourable Materials Price variance?
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Each unit of product should use 2 kg of material A, the price of which should be $2.1 per kg. The number of units produced is 8,000. 15,800 kg of material A is used and the price paid is $2.2 per kg. Calculate the price and quantity variances.
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Which one of the following budgetary processes requires a budget to be drawn up as if the organisation was starting from scratch?
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What is an ideal standard cost?
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How can accounting control techniques be applied to the running of the organisation under the mechanical metaphor?
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Why is it more desirable to use an attainable standard (high but less than 100% efficiency) than an ideal standard (100% efficiency) for planning and control?
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Which one of the following is a disadvantage of ideal standards?
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Microworld Ltd has a net profit margin of 6% pa and a return on investment (ROI) of 24%. Calculate the asset turnover.
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Which of these is not a possible reason for an unfavourable Labour Rate variance?
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