Acct 202 exam - Study guides, Class notes & Summaries
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ACCT 202 Exam II Questions with 100% Correct Answers| Already Passed Grade A
- Exam (elaborations) • 6 pages • 2024
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Which of the following is a focus of managerial accounting? - to provide information to business 
managers to assist them in controlling their businesses 
Managerial accounting focuses on providing information for internal planning and control. - True 
The cost of direct materials cannot easily be traced to the manufactured product, and therefore, it is a 
component of manufacturing overhead. - False 
Manufacturing overhead includes all manufacturing costs, such as direct labor and direct materi...
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ACCT 202 Exam Questions with 100% Correct Answers| Already Passed Grade A
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4) O&G Company manufactures console tables and uses an activity−based costing system. Each 
console table consists of 30 separate parts totaling $250 in direct materials, and requires 5.0 
hours of machine time to produce. Additional information follows: 
Activity - Allocation Base - Cost Allocation Rate Materials 
handling - Number of parts - $2.00 per part Machining - 
Machine hours - $4.70 per machine hour Assembling - 
Number of parts - $3.00 per part Packaging - Number of 
finished units ...
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ACCT 202 Exam II Questions with 100% Correct Answers| Already Passed Grade A
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Which of the following is a focus of managerial accounting? - to provide information to 
business managers to assist them in controlling their businesses 
Managerial accounting focuses on providing information for internal planning and control. - True 
The cost of direct materials cannot easily be traced to the manufactured product, and therefore, it is a 
component of manufacturing overhead. - False
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ACCT 202 Exam #3 Guide Questions with 100% Correct Answers| Already Passed Grade A
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Kahn Company's static budget was based on sales volume of 12,000 units. Its flexible budget was based 
on sales volume of 14,000 units. Based on this information - the (variable cost) labor cost 
volume variance is expected to be unfavorable. 
Capilla Company experienced a favorable sales volume variance and an unfavorable sales price 
flexible budget variance. Which of the following is a logical explanation for these variances? - 
The company reduced its sales price and therefore sold more ite...
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ACCT 212 Week 8 Final Exam With Rationale
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ACCT 212 Week 8 Final Exam With Rationale
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ACC 202 Practice Exam Test Question and Answers
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ACC 202 Practice Exam Test Question and Answers 
 
accounting,financial accounting,managerial accounting,management accounting,acct 202,accounting 101,cost accounting,basic accounting,accounting stuff,accounting cycle,accounting basics,accounting tutorial,accounting examples,accounting equation,accounting explained,double entry accounting,accounting for beginners,accounting introduction,accountant,t account,costing,accountancy (field of study),activity based costing,budgeting
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ACCT 202 Exam 3 Questions with 100% Correct Answers| Already Passed Grade A
- Exam (elaborations) • 7 pages • 2024
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What adjustment must be made when converting net income to net cash provided by operating 
activities using the indirect method? - increases in inventory and prepaid expenses must 
be deducted 
What is the primary purpose of the statement of cash flows? - to provide information about 
a company's cash receipts and cash payments during a reporting period 
Determine the ending cash balance for Court Corporation if the net cash provided by operating activities 
is $31,000, net cash used by investi...
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ACC 202 Practice Exam Test Question and Answers
- Exam (elaborations) • 16 pages • 2024
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ACC 202 Practice Exam Test Question and AnswersAccounting 
 
financial accounting 
managerial accounting 
management accounting 
acct 202 
accounting 101 
cost accounting 
basic accounting 
accounting stuff 
accounting cycle 
accounting basics 
accounting tutorial 
accounting examples 
accounting equation 
accounting explained 
double entry accounting, 
accounting for beginners 
accounting introduction 
accountant account 
costing, 
accountancy activity based costing, 
budgeting
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Acounting 202 Practice Exam Test Question and Answers
- Exam (elaborations) • 14 pages • 2024
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Acounting 202 Practice Exam Test Question and Answers 
 
Accounting 
Accounting 101 
financial accounting 
managerial accounting 
management accounting 
acct 202 
accounting 202 
cost accounting 
basic accounting 
accounting stuff 
accounting cycle 
accounting basics 
accounting tutorial 
accounting examples 
accounting equation 
accounting explained 
double entry accounting, 
accounting for beginners 
accounting introduction 
accountant account costing, 
accountancy activity based costing, 
bu...
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Accounting 202 Practice Exam Test Question and Answers
- Exam (elaborations) • 10 pages • 2024
- Available in package deal
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ACC 202 Practice Exam Test Question and Answers 
Accounting 
Accounting 101 
financial accounting 
managerial accounting 
management accounting 
acct 202 
accounting 202 
cost accounting 
basic accounting 
accounting stuff 
accounting cycle 
accounting basics 
accounting tutorial 
accounting examples 
accounting equation 
accounting explained 
double entry accounting, 
accounting for beginners 
accounting introduction 
accountant account costing, 
accountancy activity based costing, 
budgeting
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