Exam 13: Emerging Topics in Managerial Accounting: Sustainability, Quality Cost, Lean Accounting, International Issues, Enterprise Risk Management, the Managerial Accountant in Forensicfraud Accounting
Exam 1: Introduction to Managerial Accounting57 Questions
Exam 2: Basic Managerial Accounting Concepts216 Questions
Exam 3: Cost Behavior, Cost Forecasting, and Segmented Income Statements261 Questions
Exam 4: Job-Order Costing and Normal Cost Overhead Application175 Questions
Exam 5: Activity-Based Costing and Management123 Questions
Exam 6: Process Costing150 Questions
Exam 7: Cost-Volume-Profit Analysis154 Questions
Exam 8: Tactical Decision-Making and Relevant Costing164 Questions
Exam 9: Profit Planning and Flexible Budgets194 Questions
Exam 10: Standard Costing and Variance Analysis216 Questions
Exam 11: Performance Evaluation and Decentralization140 Questions
Exam 12: Capital Investment Decisions149 Questions
Exam 13: Emerging Topics in Managerial Accounting: Sustainability, Quality Cost, Lean Accounting, International Issues, Enterprise Risk Management, the Managerial Accountant in Forensicfraud Accounting128 Questions
Exam 14: Statement of Cash Flows153 Questions
Exam 15: Financial Statement Analysis163 Questions
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Which of the following is true of an exchange loss?
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(Multiple Choice)
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Correct Answer:
A
Control costs can be subdivided into prevention and:
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A
Learner Corp.had total sales of $20,000,000 for the fiscal year ending on December 31, 20X1.
Learner's costs of quality are as follows:
Calculate Learner' s appraisal cost for the year.

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(Multiple Choice)
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Correct Answer:
C
Which of the following statements is true of the risk appetite determination step within the enterprise risk management (ERM) process of an organization?
(Multiple Choice)
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_________ are incurred to prevent poor quality in the products or services being produced.
(Short Answer)
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Which of the following steps within the enterprise risk management (ERM) process should occur immediately after the risk assessment?
(Multiple Choice)
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_________ can be defined as the difference between the inherent risk and the residual risk produced by the particular risk response.
(Short Answer)
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terms listed below.
-?Costs incurred when products and services fail to conform to requirements or satisfy customer needs after being delivered to customers
(Multiple Choice)
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Which of the following is true of the duration-based value-stream costing approach?
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An inherent risk is the risk that remains after any risk management action has been taken.
(True/False)
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Prevention costs are incurred to determine whether products and services are conforming to their requirements.
(True/False)
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terms listed below.
-?Costs incurred when products and services do not conform to specifications and this nonconformance is detected before the bad products or services are shipped or delivered to outside parties
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The U.S.government has set up _________, which are areas near a customs port of entry that are physically on U.S.soil but are considered to be outside U.S.commerce.
(Short Answer)
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_____ immediately follows performance measurement within the business sustainability cycle.
(Multiple Choice)
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Which of the following is true of the features and characteristics value-stream costing approach?
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Multinational companies with subsidiaries in both high- and low-tax countries may use transfer pricing to:
(Multiple Choice)
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Which of the following is the most significant benefit of having a corporate sustainability report (CSR) assured by an independent third party?
(Multiple Choice)
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