Chapter 1 & 2 - ACTG 2P12

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0 [{"id":63811,"quiz_id":"4962","answer_id":null,"answerType_id":"0","created_at":"2016-05-08 21:05:22","updated_at":"2016-05-08 21:05:22","questionName":"Management Functions","questionTimeSeconds":"0","questionTimeMinutes":"5","questionImagePath":null,"position":null,"explanation":"","question_score_id":null,"lang":null,"questionAudioPath":null},{"id":63817,"quiz_id":"4962","answer_id":null,"answerType_id":"0","created_at":"2016-05-08 21:10:07","updated_at":"2016-05-08 21:10:07","questionName":"Keep activities on track. Determine whether goals are met. Decide on the changes needed to get back on track. Typically use a formal system of evaluation.","questionTimeSeconds":"0","questionTimeMinutes":"5","questionImagePath":null,"position":null,"explanation":"","question_score_id":null,"lang":null,"questionAudioPath":null},{"id":63813,"quiz_id":"4962","answer_id":null,"answerType_id":"0","created_at":"2016-05-08 21:07:25","updated_at":"2016-05-08 21:07:25","questionName":"Future Oriented(looking ahead). Establish objectives (Maximize short term profit, long term sustainability\/growth, comit to environmental protection). KEY OBJECTIVE: Add value to the business (Value measured by trading price of stock and by potential selling price of the company.","questionTimeSeconds":"0","questionTimeMinutes":"5","questionImagePath":null,"position":null,"explanation":"","question_score_id":null,"lang":null,"questionAudioPath":null},{"id":63764,"quiz_id":"4962","answer_id":null,"answerType_id":"0","created_at":"2016-05-08 18:50:02","updated_at":"2016-05-08 20:55:49","questionName":"The sum of all direct material costs and direct labour costs","questionTimeSeconds":"0","questionTimeMinutes":"6","questionImagePath":null,"position":3,"explanation":"All direct manufacturing costs","question_score_id":null,"lang":null,"questionAudioPath":null},{"id":63776,"quiz_id":"4962","answer_id":null,"answerType_id":"0","created_at":"2016-05-08 20:13:26","updated_at":"2016-05-08 20:55:49","questionName":"Wages paid to employees who are not directly involved in production work","questionTimeSeconds":"0","questionTimeMinutes":"7","questionImagePath":null,"position":5,"explanation":"Ex. Maintnence workers, janitors and security guards","question_score_id":null,"lang":null,"questionAudioPath":null},{"id":63806,"quiz_id":"4962","answer_id":null,"answerType_id":"0","created_at":"2016-05-08 21:01:42","updated_at":"2016-05-08 21:01:42","questionName":"(Manufacturing costs in financial statements for Manufacturer) BI + COGS - EI = ______","questionTimeSeconds":"0","questionTimeMinutes":"6","questionImagePath":null,"position":null,"explanation":"","question_score_id":null,"lang":null,"questionAudioPath":null},{"id":63809,"quiz_id":"4962","answer_id":null,"answerType_id":"0","created_at":"2016-05-08 21:03:21","updated_at":"2016-05-08 21:03:21","questionName":"Work in process - partially completed units of a product ","questionTimeSeconds":"0","questionTimeMinutes":"6","questionImagePath":null,"position":null,"explanation":"","question_score_id":null,"lang":null,"questionAudioPath":null},{"id":63803,"quiz_id":"4962","answer_id":null,"answerType_id":"0","created_at":"2016-05-08 21:00:34","updated_at":"2016-05-08 21:00:34","questionName":"(Manufacturing costs in financial statements for Merchandiser) BI + P - EI = ____________ ","questionTimeSeconds":"0","questionTimeMinutes":"5","questionImagePath":null,"position":null,"explanation":"","question_score_id":null,"lang":null,"questionAudioPath":null},{"id":63759,"quiz_id":"4962","answer_id":null,"answerType_id":"0","created_at":"2016-05-08 18:41:18","updated_at":"2016-05-08 20:55:49","questionName":"Wages paid to employees who are not directly involved in production work","questionTimeSeconds":"0","questionTimeMinutes":"8","questionImagePath":null,"position":0,"explanation":"Ex. Maintnence Workers, Janitors, and Security Guards","question_score_id":null,"lang":null,"questionAudioPath":null},{"id":63801,"quiz_id":"4962","answer_id":null,"answerType_id":"0","created_at":"2016-05-08 20:58:24","updated_at":"2016-05-08 20:58:24","questionName":"Using the total costs incurred at both the high and low levels of activity. The difference in costs between the high and low levels represents variable costs.","questionTimeSeconds":"0","questionTimeMinutes":"5","questionImagePath":null,"position":null,"explanation":"","question_score_id":null,"lang":null,"questionAudioPath":null},{"id":63765,"quiz_id":"4962","answer_id":null,"answerType_id":"0","created_at":"2016-05-08 18:56:47","updated_at":"2016-05-08 20:55:49","questionName":"The sum of all direct labour costs and manufacturing overhead costs","questionTimeSeconds":"0","questionTimeMinutes":"8","questionImagePath":null,"position":4,"explanation":"The costs of converting raw materials into a final product","question_score_id":null,"lang":null,"questionAudioPath":null},{"id":63816,"quiz_id":"4962","answer_id":null,"answerType_id":"0","created_at":"2016-05-08 21:08:56","updated_at":"2016-05-08 21:08:56","questionName":"Coordinate diverse acitivities and human resources. Implement planned objectives. Provide incentives to motivate employees. Hire and train employees including executives managers and supervisors.","questionTimeSeconds":"0","questionTimeMinutes":"5","questionImagePath":null,"position":null,"explanation":"","question_score_id":null,"lang":null,"questionAudioPath":null},{"id":63763,"quiz_id":"4962","answer_id":null,"answerType_id":"0","created_at":"2016-05-08 18:46:17","updated_at":"2016-05-08 20:55:49","questionName":"Costs associated with a necessary and integral part of producing the product. Are inventoried on the balance sheet and expensed only when the product or service is sold","questionTimeSeconds":"0","questionTimeMinutes":"7","questionImagePath":null,"position":2,"explanation":"Are inventoried on the balance sheet and expensed only when the product or service is sold: Direct material, direct labour and manfacturing overhead costs","question_score_id":null,"lang":null,"questionAudioPath":null},{"id":63762,"quiz_id":"4962","answer_id":null,"answerType_id":"0","created_at":"2016-05-08 18:42:48","updated_at":"2016-05-08 20:55:49","questionName":"Materials used to support the production process","questionTimeSeconds":"0","questionTimeMinutes":"10","questionImagePath":null,"position":1,"explanation":"Ex. Lubricants and cleaning supplies used in the automobile assembly plant","question_score_id":null,"lang":null,"questionAudioPath":null},{"id":63777,"quiz_id":"4962","answer_id":null,"answerType_id":"0","created_at":"2016-05-08 20:14:57","updated_at":"2016-05-08 20:55:49","questionName":"Materials used to support the production process","questionTimeSeconds":"0","questionTimeMinutes":"6","questionImagePath":null,"position":6,"explanation":"Ex. Lubricants and cleaning supplies used in the automobile assembly plant","question_score_id":null,"lang":null,"questionAudioPath":null}]
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