成本与管理会计英文版试题库答案ch14.docVIP

PAGE 56 Cost Accounting, 13e (Horngren et al.) Chapter 14  Cost Allocation, Customer-Profitability Analysis, and Sales-Variance Analysis 1)  Indirect costs are costs that cannot be traced to cost objects in an economically feasible way. Answer:  TRUE Diff: 1 Terms:  cost allocation Objective:  1 AACSB:  Reflective thinking 2)  To motivate engineers to design simpler products, costs for production, distribution, and customer service may be included in product-cost estimates. Answer:  TRUE Diff: 2 Terms:  cost allocation Objective:  1 AACSB:  Reflective thinking 3)  One of the purposes of allocating indirect costs is to justify costs or compute reimbursement amounts. Answer:  TRUE Diff: 2 Terms:  cost allocation Objective:  1 AACSB:  Reflective thinking 4)  For external reporting, inventoriable costs under GAAP sometimes include RD costs. Answer:  FALSE Explanation:  Under GAAP, inventoriable costs include only the costs of producing and sometimes the design costs of the product. Diff: 2 Terms:  cost allocation Objective:  1 AACSB:  Reflective thinking 5)  To allocate a cost, it must satisfy all four purposes for which costs are allocated. Answer:  FALSE Explanation:  To allocate a cost, it is only necessary to satisfy one of the purposes for which costs are allocated. Diff: 2 Terms:  cost allocation Objective:  1 AACSB:  Reflective thinking 6)  Today, companies are simplifying their cost systems and moving toward less-detailed and less-complex cost allocation bases. Answer:  FALSE Explanation:  Companies are moving toward more-detailed and more-complex cost allocations because today technology can capture these costs in a relatively inexpensive manner. Diff: 3 Terms:  cost allocation Objective:  2 AACSB:  Reflective thinking 7)  Using the benefits received criterion, the costs are allocated among the beneficiaries in proportion to the benefits each receives. A