Wednesday, 21 October 2015

ACCT 346 FINAL EXAM

ACCT 346 FINAL EXAM




ACCT 346 Final Exam,
ACCT 346 Final Exam
Question 1.1. (TCO 1) How does managerial and financial accounting differ in terms of the amount of detail presented and nonmonetary and monetary information? (Points : 15)


Question 2.2. (TCO 2) What is an indirect labor cost?  What is an example of an indirect labor cost?  (Points : 15)







Question 3.3. (TCO 3) What is the difference between job order and process costing?  (Points : 15)


Question 4.4. (TCO 4)  What is a fixed cost?  What is an example of a fixed cost? (Points : 15)

Page 2
Question 1.1. (TCO 5) What is full costing?  How does it differ from variable costing? (Points : 15)


Question 2.2. (TCO 6)  What is the first step in the cost allocation process? What is done in this step? (Points : 15)


Question 3.3. (TCO 7)  What is an incremental cost?  What is an example of one? (Points : 15)


Question 4.4. (TCO 8) What is activity-based pricing?  How is the price determined? (Points : 15)





ACCT 346 FINAL EXAM

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