Hi I just need these to get checked that they are correct and then need help with 41 & 42 please

\fQUESTION 1 Activity-based costing " strives to create an environment that will enable workers to manufacture zero-defect products. O is the process of choosing among competing alternatives. O was established in response to financial scandals. O encourages process-value analysis. QUESTION 2 Financial accounting " is concerned with the information about the firm as a whole. O has to adhere to GAAP policies. O focuses on external users. O all of these are correct QUESTION 3 Managerial accounting O is primarily for external users. O has no mandatory rules. O provides information based on historical information. O must adhere to GAAP. QUESTION 4 The primary objective of managerial accounting is O to provide stockholders and potential investors with useful information for decision making O to provide banks and other creditors with information useful in making credit decisions. O to provide management with information useful for planning and control of operations. O to provide the Internal Revenue Service with information about taxable income. QUESTION 5 Assigning costs to cost objects O provides information for decision making. can be accomplished in a number of ways. O can be a simple or complex process. O do all of these. QUESTION 6 Cost of goods manufactured equals O the cost of indirect materials used in production. O the product cost of goods completed during the current period. O the period costs for the current period. O the cost of direct materials and direct labor used during the current period.QUESTION 7 Cost of goods sold O represents all costs associated with research, development, and general administration of the organization. O is found on the Balance Sheet. O is the cost of the partially completed goods that are still on the factory floor at the end of the period. O is the total product cost for the units sold during a period. QUESTION 8 Direct labor is a(n) O product cost. O opportunity cost. O administrative cost. O fixed cost. QUESTION 9 Expired costs are called O fixed. O costs. O expenses. O profit. QUESTION 10 A factor that causes or leads to a change in a cost or activity is a(n) O cost formula. O step cost. O mixed cost. O driver. QUESTION 11 A fixed cost within the relevant range O increases in total as output decreases. O does not change in total as output changes. O decreases in total as output increases. O All of these are correct. QUESTION 12 A mixed cost O remains constant when the output level increases. O cannot be separated. O contains both a fixed and variable component O All of these are correct.\fQUESTION 18 Activity drivers can be classified as either _ of . O unit-level: nonunit-level O exact; inexact O inputs; outputs O right wrong QUESTION 19 Nonvalue-added activities O are unnecessary inputs O are valued outputs to internal users. O are valued outputs to external users. O help meet the organization's needs, not the product needs. QUESTION 20 Which of the following is a value-added activity? O moving O inspection O processing O waiting QUESTION 21 A company has had stable sales and production for several years. Next year, sales are expected to increase by at least 5096. Assuming that the company maintains its policy for desired ending inventories of finished product and direct materials purchases, what will be the likely effect on the desired ending inventory of finished product? It will increase O It will decrease O It will stay the same O. It will be twice the size of the desired ending inventory of raw materials O None of these QUESTION 22 Budgets are O key components of planning. O financial plans for the future O an identifier of objectives and the actions needed to achieve them. O used for communication and coordination. O all of these. QUESTION 23 Budgets are prepared in which of the following orders? O production budget. sales budget, direct labor budget O production budget. cost of goods sold budget, direct labor budget O sales budget, cash budget, production budget @ sales budget, production budget, direct materials purchases budget O production budget, cash budget, direct materia's purchases budgetQUESTION 24 deal standards O do not allow for machine breakdowns, slack. or lack of skill (even momentarily). O demand maximum efficiency. O can be achieved only if everything operates perfectly- All of these. O None of these QUESTION 25 If the actual labor rate exceeds the standard labor rate and the actual labor hours exceed the number of hours allowed, the labor rate variance and labor efficiency variance will be Labor Rate Labor Efficiency Variance Variance O Favorable Favorable O Favorable Infavorable O Unfavorable Favorable O Unfavorable Unfavorable QUESTION 26 Standard cost systems are adopted O to improve planning and control. O to facilitate product costing @ to improve planning and control, and to facilitate product costing. O to enhance the operational control of firms that emphasize continuous improvement. O for all of these reasons. QUESTION 27 The difference between the actual cost of the input and its planned cost is the total budget variance. O the usage variance O the price variance O the efficiency variance. O the budget variance. QUESTION 28 The labor rate variance is computed by @ (Actual Rate > Actual Hours] -(Standard Rate x Standard Hours). O (Standard Rate x Actual Rate)-(Actual Rate x Actual Hours). O (Actual Rate x Standard Hours) - (Standard Rate x Actual Hours) O (Actual Rate x Actual Hours) - (Standard Rate > Actual Hours). O None of these. QUESTION 29 A budget prepared for a particular level of activity is a(n) O operational budget. O ABB budget. O static budget. O flexible budget O variable budget.