Explore Fresh Saylor BUS105 Questions Bank For Smart Prep

Vendor:	Saylor
Exam Name:	Managerial Accounting Exam
Registration Code:	BUS105
Related Certification:	Saylor Certifications
Exam Audience:	business or accounting students,

Question: 1

Managers have several different methods from which to choose when evaluating long-term investments. Which method disregards the time value of money as a factor?

APayback

BAnnuity tables

CNet present value

DInternal rate of return

Question: 2

Use the statement of cash flows to calculate the free cash flow.

Exam Question 2 Exhibit 1

A$3,000

B$22,000

C$52,000

D$77,000

Question: 3

Which of the following statements is a true statement about flexible budgets?

AThe actual number of units sold is irrelevant to a flexible budget

BCost variance analysis is an integral part of preparing a flexible budget

CSelling and administrative expenses are reported in the flexible budget

DThe flexible budget is prepared before the master budget to assist with planning

Question: 4

Wycliff Corporation practices activity-based management at their manufacturing facility. Which of the following events would most likely be the result of a decision made using activity-based management theory?

ADirect labor costs were assigned to work-in-process accounts

BCustomer service representatives responded to vendor complaints

CPlant managers assisted in calculating a plant-wide overhead rate

DThe packaging department was moved closer to the shipping department

Question: 5

SJ Candles should expect the absorption costing and variable costing methods to result in the same 4th quarter operating profit when which of the following is true?

AThey sold all remaining 3rd quarter inventory in 4th quarter and produced zero candles in 4th quarter

BThey started the 4th quarter with no inventory and every candle that was produced in the 4th quarter also sold

CThey started the 4th quarter with no inventory and sold 80% of the candles that were produced in the 4th quarter

DTheir 4th quarter sales included every candle produced in the 4th quarter as well as a few that remained in inventory from the 3rd quarter

Important Saylor BUS105 Exam Questions

Saylor Managerial Accounting Exam BUS105 Exam