Questions from General Accounting


Q: Can management of a company such as Apple use cycle time and

Can management of a company such as Apple use cycle time and cycle efficiency as useful measures of performance? Explain.

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Q: Access Dell’s annual report (10-K) for the fiscal

Access Dell’s annual report (10-K) for the fiscal year ended February 1, 2013, at the SEC’s EDGAR database (SEC.gov) or its website (Dell.com). From its financial statement notes, identify the titles...

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Q: Google produces tablet computers for sale. Identify some of the variable

Google produces tablet computers for sale. Identify some of the variable and fixed product costs associated with that production.

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Q: Apple regularly uses budgets. What is the difference between a production

Apple regularly uses budgets. What is the difference between a production budget and a manufacturing budget?

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Q: What is a selling expense budget? What is a capital expenditures

What is a selling expense budget? What is a capital expenditures budget?

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Q: What is the purpose of using standard costs?

What is the purpose of using standard costs?

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Q: Samsung has many departments. How is a department’s contribution to overhead

Samsung has many departments. How is a department’s contribution to overhead measured?

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Q: Companies such as Apple commonly prepare a process cost summary. What

Companies such as Apple commonly prepare a process cost summary. What purposes does a process cost summary serve?

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Q: Google aims to give its managers timely cost reports. In responsibility

Google aims to give its managers timely cost reports. In responsibility accounting, who receives timely cost reports and specific cost information? Explain.

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Q: Apple delivers its products to locations around the world. List three

Apple delivers its products to locations around the world. List three controllable and three uncontrollable costs for its delivery department.

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