出自:郑州航空工业管理学院-管理会计学

【单选题】 Residual incomeis defined as: A、net income less "imputed" interest B、sales less expenses C、income divided by revenue D、the same as ROI
【单选题】 The followinginformation pertains to Caravan Company: Totalassets $150,000 Totalcurrent liabilities 110,000 Totalexpenses 60,000 Totalliabilities 115,000 Totalrevenues 80,000 The income percentage ofrevenue is: A、50% B、25% C、133% D、75%
The followinginformation pertains to Saturn Company: Totalassets $50,000 Totalcurrent liabilities 30,000 Totalexpenses 60,000 Totalliabilities 45,000 Totalrevenues 80,000 If invested capital isdefined as total assets, the capital turnover is: A、0.633 B、1.792 C、0.400 D、1.600
【单选题】 Invested capitalcan mean any of the following, except: A、total assets B、total assets less current liabilities C、total assets less long term liabilities D、total assets less total liabilities
【单选题】 Identify which ofthe following definitions of invested capital is not recommended for measuringthe performance of division managers. A、total assets B、total assets less total liabilities C、total assets employed D、total assets less current liabilities
【单选题】 _______________is the original cost of an asset less any accumulated depreciation. A、Net book value B、A net asset C、Gross book value D、Current cost
【单选题】 The followinginformation pertains to Bundy Company: Totalassets $50,000 Totalcurrent liabilities 30,000 Totalexpenses 60,000 Totalliabilities 35,000 Totalrevenues 80,000 If invested capital isdefined as total assets, the return on investment is: A、160% B、60% C、70% D、40%
【单选题】 The followinginformation pertains to Moore Company: Totalassets $50,000 Totalcurrent liabilities 30,000 Totalexpenses 60,000 Totalliabilities 35,000 Totalrevenues 80,000 If invested capital is defined as totalassets, and the imputed interest rate is 8%, the residual income is: A、$4,000 B、$16,000 C、$20,000 D、$1,600
【单选题】 26. The followinginformation pertains to Tyler Company: Totalassets $150,000 Totalcurrent liabilities 110,000 Totalexpenses 160,000 Totalliabilities 115,000 Totalrevenues 180,000 If invested capital is defined as totalassets, a project earning an ROI of 12% should be: A、accepted B、rejected C、rejected if the cost of capital is greater than 12% D、rejected if the desired rate of return is less than 12%
The followinginformation pertains to Newhart Company: Totalassets $50,000 Totalcurrent liabilities 10,000 Totalexpenses 60,000 Totalliabilities 15,000 Totalrevenues 80,000 If invested capital is defined as totalassets minus current liabilities, the residual income at an imputed interestrate of 10% is: A、$16,000 B、$20,000 C、$4,000 D、$2,600
【单选题】 The followinginformation pertains to Milton Company: Totalassets $150,000 Totalcurrent liabilities 110,000 Totalexpenses 160,000 Totalliabilities 115,000 Totalrevenues 180,000 If invested capital is defined as totalassets minus current liabilities, a project earning an ROI of 30% should be: A、accepted B、rejected C、rejected if the cost of capital is less than 30% D、rejected if the desired rate of return is greater than 30%
The assetsection of the January 1, 20X9, balance sheet of Big Valley Company includes amachine which was acquired on January 1, 20X5. The machine.s original cost was $500,000, and the estimated life wasdetermined to be 10 years. The estimatedresidual value was zero, and the straight-line method of depreciation waschosen. The book value of the machine asof January 1, 20X9, is: A、$500,000 B、$450,000 C、$250,000 D、$300,000
【单选题】 The asset section of the January 1, 20X9, balance sheet of Big Valley Company includes a machine which was acquired on January 1, 20X5. The machine.s original cost was $500,000, and the estimated life was determined to be 10 years. The estimated residual value was zero, and the straight-line method of depreciation was chosen. The book value of the machine as of January 1, 20X9, is: A、9% B、14.4% C、18% D、35%
The assetsection of the January 1, 20X7, balance sheet of Petticoat Company includes amachine which was acquired on January 1, 20X3. The machine.s original cost was $500,000, and the estimated life wasdetermined to be 10 years. The estimatedresidual value was zero, and the straight-line method of depreciation waschosen. If operating income before depreciation is$90,000, the rate of return on average net book value for 20X7 is: A、14.55% B、13.33% C、16.00% D、32.79%
The following information pertains to Gloria Company: Currentassets $200,000 Current liabilities $100,000 Property, plant and equipment 400,000 Long-term liabilities 200,000 Construction in progress 50,000 Stockholders. equity 350,000 Total assets $650,000 Total equities $650,000 Investedcapital is ___________ if it is defined as total assets employed. A、$650,000 B、$600,000 C、$550,000 D、$350,000
【单选题】 The following information pertains to Gable Company: Current assets $200,000 Current liabilities $100,000 Property,plant and equipment 400,000 Long-term liabilities 200,000 Construction in progress 50,000 Stockholders. equity 350,000 Total assets $650,000 Total equities $650,000 Investedcapital is _______________ if it is defined as total assets less currentliabilities. A、$650,000 B、$600,000 C、$550,000 D、$350,000
【单选题】 The following information pertains to Clark Company: Currentassets $200,000 Current liabilities $100,000 Property, plant and equipment 400,000 Long-term liabilities 200,000 Construction in progress 50,000 Stockholders. equity 350,000 Total assets $650,000 Total equities $650,000 Invested capital is ________________ if it is defined asstockholders. equity. A、$650,000 B、$600,000 C、$550,000 D、$350,000
The followinginformation pertains to Stewart Company: Current assets $100,000 Currentliabilities $75,000 Property, plantand equipment 150,000 Long-term liabilities 100,000 Construction in progress 50,000 Stockholders. equity 125,000 Total assets $300,000 Total equities $300,000 Invested capital is________________ if it is defined as total assets. A、$300,000 B、$250,000 C、$225,000 D、$100,000
The followinginformation pertains to Calhoun Company: Current assets $100,000 Currentliabilities $75,000 Property, plantand equipment 150,000 Long-term liabilities 100,000 Construction in progress 50,000 Stockholders. equity 125,000 Total assets $300,000 Total equities $300,000 Investedcapital is _________________ if it is defined as total assets employed. A、$300,000 B、$250,000 C、$225,000 D、$100,000
The followinginformation pertains to Webster Company: Current assets $100,000 Currentliabilities $75,000 Property, plantand equipment 150,000 Long-term liabilities 100,000 Construction in progress 50,000 Stockholders. equity 125,000 Total assets $300,000 Total equities $300,000 Invested capital is______________ if it is defined as total assets less current liabilities. A、$300,000 B、$250,000 C、$225,000 D、$100,000
The followinginformation pertains to Polk Company: Current assets $100,000 Currentliabilities $75,000 Property, plantand equipment 150,000 Long-term liabilities 100,000 Construction in progress 50,000 Stockholders. equity 125,000 Total assets $300,000 Total equities $300,000 Invested capital is______________ if it is defined as stockholders. equity. A、$300,000 B、$250,000 C、$225,000 D、$125,000
The amount of income generated by the investment is a better test of profitability than the return on investment.
The income percentage of revenue is determined by multiplying return on investment by the capital turnover.
ROI = income (orprofit) / investment.
In all ROIcalculations, invested capital should be measured as an average for the periodunder review.
ROI= return on sales / capital turnover.
Return on sales =revenue / income.
Capital turnover =revenue / invested capital
Return on sales canbe increased by increasing expenses.
Capital turnover can beincreased by decreasing investment.
Increasing capitalturnover is one of the advantages of implementing the JIT philosophy.
Cost of capital isthe company’s cost of capital multiplied by the amount of the investment.
ROI tells us how much acompany’s after-tax operating income exceeds what it is paying for capital.
EVA = adjustedafter-tax operating income – (cost of invested capital – a percentage xadjusted average invested capital).
When a companymeasures performance using residual income, managers tend to invest in anyproject earning more than the cost of capital and thus raise the firm’s totalprofits.
When companies maximizeresidual income, they are maximizing their rate of return, a percentage.
In general, forcompanies using ROI, the most profitable divisions have more incentive toinvest in new projects than do the least profitable divisions.
In general, use ofresidual income or EVA will promote goal congruence and lead to betterdecisions than using ROI.
Most companies useresidual income in evaluating projects, not ROI.
In measuring the performance of a divisionmanager, stockholders. equity should not be used as the amount of investedcapital.
In measuring income,either the net book value or the gross book value can be used.
Possible definitionsof invested capital include total assets employed and stockholders’ equity.
下列说法正确的是( ) (2.5分)2.5 分 A、 管理会计是经营管理型会计,财务会计是报账型会计 B、 管理会计是报账型会计,财务会计是经营管理型会计 C、 管理会计为对外报告会计 D、 财务会计为对内报告会计
管理会计的服务侧重于 (2.5分)2.5 分 A、 股东 B、 外部集团 C、 债权人 D、 企业内部的管理人员
下列说法正确的是( )。 (2.5分)2.5 分 A、 管理会计是经营管理型会计,财务会计是报账型会计 B、 管理会计是报账型会计,财务会计是经营管理型会计 C、 管理会计为对外报告会计 D、 财务会计为对内报告会计
管理会计的服务侧重于(  ) (2.5分)2.5 分 A、 股东 B、 外部集团 C、 债权人 D、 企业内部的管理人员
( )是本-量-利分析最基本的假设,是本-量-利分析的出发点。 (2.5分)2.5 分 A、 相关范围假设 B、 模型线性假设 C、 产销平衡假设 D、 品种结构不变假设
在各种盈亏临界图中,(  )更符合变动成本法的思路。 (2.5分)2.5 分 A、 传统式 B、 贡献毛益式 C、 利量式 D、 单位式
管理会计的服务侧重于( )(2.5分)2.5 分 A、 股东 B、 外部集团 C、 债权人 D、 企业内部的管理人员
两个可供选择方案之间预期成本差异是( )。(2.5分)2.5 分 A、 边际成本 B、 变动成本 C、 机会成本 D、 差量成本