[经济学]管理会计双语课程习题chapter 2.docVIP

CH02 COST MANAGEMENT CONCEPTS AND COST BEHAVIOR TRUE/FALSE 1. There is no single definition of cost. a. True b. False 2. The role of the management accountant is to tailor the cost calculation to fit the current decision situation. a. True b. False 3. A cost that is useful for one decision may not be useful information for another decision. a. True b. False 4. In most organizations, managing nonmanufacturing costs as well as manufacturing costs is important for financial success. a. True b. False 5. The cost of a customized machine only used in the production of a single product would be classified as a direct cost. a. True b. False 6. The wages of a plant supervisor would be classified as a period cost. a. True b. False 7. The classification of product and period costs is particularly valuable in management accounting. a. True b. False 8. For external reporting, generally accepted accounting principles require that costs be classified as either flexible or capacity-related costs. a. True b. False 9. Knowing whether a cost is a period or a product cost helps to estimate total cost at a new level of activity. a. True b. False 10. Flexible costs are always direct costs. a. True b. False 11. Capacity-related costs vary with the level of production or sales volume. a. True b. False 12. Currently, most personnel costs are classified as capacity-related costs. a. True b. False 13. Some capacity-related costs might be classified as direct manufacturing costs. a. True b. False 14. Capacity-related costs depend on the resources used, not the resources acquired. a. True b. False 15. Break-even point is NOT an important concept since the goal of business is to make a profit. a. True b. False 16. To perform cost-volume-profit analysis, a company must be able to separate costs into capacity-related and flexible components. a. True b. False 17. Cost-volume-profit analysis may be used for single-product and multiproduct analysis. a. True b. False