大学MOOC Management Accounting（管理会计）(南京审计大学金审学院)1449974181 最新慕课完整章节测试答案
Capital Budgeting Decision （长期投资决策）
文章目录
Test-Lesson 7
1、单选题：
Which of the following statement is not true?
选项：
A: The initial investment in working capital is a cash outflow at the ending of the project for items such as inventories
B: Working capital is recaptured at the end of the project when working capital is no longer required
C: Depreciation is not a current cash outflow.
D: Discounted cash flow methods automatically provide for a return of the original investment, thereby making a deduction for depreciation unnecessary
答案: 【 The initial investment in working capital is a cash outflow at the ending of the project for items such as inventories】
2、单选题：
Lester Company has been offered a five year contract to provide component parts for a large manufacturer. At the end of five years the working capital will be released and may be used elsewhere by Lester. Lester Company uses a discount rate of 10%. What’s the net present value of the project? Should the contract be accepted?
选项：
A: $85,955 Yes
B: $85,955 No
C: $303,280 Yes
D: $303,280 No
答案: 【 $85,955 Yes】
3、单选题：
Decker Company can purchase a new machine at a cost of $104,320 that will save $20,000 per year in cash operating costs. The machine has a 10-year life. Future cash flows are the same every year. What’s the IRR in this example?
选项：
A: 10%
B: 12%
C: 14%
D: 16%
答案: 【 14%】
4、单选题：
The expected annual net cash inflow from a project is $22,000 over the next 5 years. The required investment now in the project is $79,310. What is the internal rate of return on the project?
选项：
A: 10%
B: 12%
C: 14%
D: Cannot be determined
答案: 【 12%】
5、单选题：
Management at The Daily Grind wants to install an espresso bar in its restaurant. The espresso bar:Costs $140,000 and has a 10-year life.generate annual net cash inflows of $35,000.Management requires a payback period of 5 years or less on all investments. What is the payback period for the espresso bar?
选项：
A: 3 years
B: 3.5 years
C: 4 years
D: 4.5 years
答案: 【 4 years】
6、单选题：
Consider the following two investments: Project X Project Y Initial investment $100,000 $100,000 Year 1 cash inflow $60,000 $60,000 Year 2 cash inflow $40,000 $35,000 Year 14-10 cash inflows $0 $25,000 Which project has the shortest payback period?
选项：
A: Project X
B: Project Y
C: Cannot be determined
D: The same
答案: 【 Project X】
7、判断题：
The term capital budgeting is used to describe how managers plan significant cash outlays on projects that have long-term implications, such as the purchase of new equipment and the introduction of new products.
选项：
A: 正确
B: 错误
答案: 【 正确】
8、判断题：
The capital budgeting techniques best recognize the time value of money and those involve discounted cash flows.
选项：
A: 正确
B: 错误
答案: 【 正确】
9、判断题：
The time value of money concept recognizes that a dollar today is worth more than a dollar a year from now
选项：
A: 正确
B: 错误
答案: 【 正确】
10、判断题：
The internal rate of return is a valuation method used to estimate the value of an investment based on its future cash flows
选项：
A: 正确
B: 错误
答案: 【 错误】
11、判断题：
The discounted cash flow is the rate promised by an investment project over its useful life
选项：
A: 正确
B: 错误
答案: 【 错误】
12、判断题：
The internal rate of return is the discount rate that will result in a net present value of zero
选项：
A: 正确
B: 错误
答案: 【 正确】
13、判断题：
The payback method focuses on the payback period, which is the length of time that it takes for a project to recoup its initial cost out of the cash receipts that it generates.
选项：
A: 正确
B: 错误
答案: 【 正确】
14、判断题：
The acceptance criteria of the payback method is that if the payback period is more than management’s target or required period, the project would be chosen.
选项：
A: 正确
B: 错误
答案: 【 错误】
15、判断题：
A shorter payback period means that one investment is more desirable than another.
选项：
A: 正确
B: 错误
答案: 【 错误】
Cost Allocations of Service Departments（辅助部门费用的归集和分配）
Test-Lesson 3
1、单选题：
Which of the following department does not belong to operating department？
选项：
A: The production departments at Gree Group
B: The Surgery Department at Zhejiang Hospital
C: The Accounting School at University of Finance and Economics
D: The auditing department in KPMG
答案: 【 The auditing department in KPMG】
2、单选题：
Which of the following statement is not the reason why Service department costs are charged to operating departments？
选项：
A: to encourage operating departments to wisely use service department resources.
B: to provide operating departments with more complete cost data for making decisions.
C: to help measure the profitability of service departments.
D: to create an incentive for service departments to operate efficiently.
答案: 【 to help measure the profitability of service departments.】
3、单选题：
Which of the following methods of allocating service department costs results in the most accurate product cost?
选项：
A: Direct method
B: Step method
C: Reciprocal method
D: Activity-based costing method
答案: 【 Reciprocal method】
4、单选题：
Answer Questions 10, 11, and 12, using the following information about Spacer Company: Custodial Cutting Assembly services Cafeteria department departmentDepartmental costs € 50,400 € 28,000 € 120,000 € 200,000Square metres occupied 500 1,000 4,000 5,000Number of employees 10 15 75 100Machine-hours 10,000 15,000Service department costs are allocated to producing departments as follows: the costs of custodial services are allocated on the basis of square metres of space occupied, and the costs of the cafeteria are allocated on the basis of number of employees. The departmental costs for the cutting and the assembly departments are overhead costs. Predetermined overhead rates in the cutting and assembly departments are based on machine-hours.Assume that the company uses the direct method
of allocation. What would be the amount of cafeteria service costs allocated to
the assembly department?