1.) The production manager tracks the number of units produced on each assembly line each day to ensure that production targets are met. Which of the following management functions is being performed by the production manager?

Select one:

A. Planning

B. Tracking

C. Directing

D. Controlling

2.) Management accounting

Select one:

A. has an historical orientation.

B. uses only objective information relevant to the decision making process.

C. uses information from a broad variety of disciplines and areas.

D. must follow internally and externally imposed rules.

3.) Job order costing is typically used when

Select one:

A. costs are accumulated by processes or departments.

B. large numbers of homogenous products are produced.

C. a wide variety of customized products are produced.

D. costs are accumulated over a set period of time because the production process is continuous.

4.) Which of the following is not a source document in job order costing?

Select one:

A. Labour time ticket

B. General ledger

C. Materials requisition form

D. Job order cost sheet

5.) Variable cost

Select one:

A. increases in total as the number of units produced increases.

B. decreases in total as the number of units produced increases.

C. increases per unit as the number of units produced increases.

D. decreases per unit as the number of units produced increases.