ACAMS Practice Questions
Accounting Cycle and Classifying Accounts
Accounting for Merchandising Activities
Accounting for Pensions
Accounting Information Systems
Activity Based Costing
Adjusting Accounts for Financial Statements
Advertising and Public Relations
Analysis and Forecasting Techniques
Analyzing and Recording Transactions
Asset Demand and Supply under Uncertainty
Auditing and Attestation
Bonds and Long Term Notes Payable
Business Analytics & Technology Management Chapter 2
Business Analytics & Technology Management Chapter 3
Business Analytics & Technology Management Chapter 4
Business Analytics & Technology Management Chapter 5
Business Analytics & Technology Management Chapter 6
Business Ethics and Governance
Business Organisations and Environment
Business Process Performance
California Real Estate
Capital Budgeting and Managerial Decisions
Changes in Accounting Principles
Changing Marketing Environment
Consolidated Financial Statements
Cost Accounting Final exam
Cost Accumulation Systems
Cost Allocation Techniques
Cost and Managerial Accounting
Cost of Capital
Cost Terms and Classifications
Cost Volume Profit Analysis
Currency Exchange Rates
Customer Relationships and Value
CVP Analysis and Marginal Analysis
Decision Makers Household Sector
Demand for Money
Derivative Instruments and Hedging Activities
Dividends, Shares, and Income
Employee Training and Development
Environments of Business
Essence of Management
Ethical and Professional Standards
Ethics and Social Responsibility
Ethics for Management Accountants
Federal Securities Acts
Financial and the Nonfinancial Sectors
Financial Decision Making
Financial Intermediaries and Financial Markets
Financial Markets and Securities Offerings
Financial Statements and Accounting Transactions
Flexible Budgets and Standard Costs
Florida Real Estate MCQs
Fundamental Accounting Principles
Global Marketing and World Trade
Governmental Accounting State and Local
Human Resource Management
Human Resource Planning
Insurance and Risk Management
Integrated Marketing Communications and Direct Marketing
Interactive Marketing and Electronic Commerce
Internal Auditing and Systems Controls
Internal Control and Cash
Interpersonal and Organizational Communication
Introduction to Business
Introduction to Human Resource Management
Introduction to Human Resources Assessment
Investment Risk and Portfolio Management
Job Order Costing
Long Term Investment
Long Term Securities
Management and Cost Accounting
Managerial Accounting Concepts and Principles
Managing Organizational Change
Managing Production and Operations
Managing Products and Brands
Market Segmentation Targeting and Positioning
Marketing and Corporate Strategies
Marketing Channels and Wholesaling
Master Budgets and Planning
Mergers and Acquisitions
Money and Banking
Not For Profit Accounting
Organization and Operation of Corporations
Organizational Markets and Buyer Behaviour
Organizational Structure and Design
Personal Selling and Sales Management
Principles and Practices of Management
Production and Operations Management
Profitability Analysis and Analytical Issues
Profitability Analysis and Decentralization
Property Plant and Equipment
Reporting and Analyzing Cash Flows
Responsibility Accounting and Performance Measures
Risk and Procedures for Control
Service Department Costing
Short Term Financing
Short Term Investment
Standard Costs and Variance Analysis
Statement of Cash Flow
Statement of Comprehensive Income
Statement of Financial Position
Stock Market and Stock Prices
Strategic Marketing Process
Structure of Interest Rates
Supply Chain and Logistics Management
System Analysis and Design
Texas Real Estate
The Management Challenge
Total Quality Management
Understanding Exchange Rates
Understanding Interest Rates
Understanding Interest Rates Determinants
Cost Volume Profit Analysis
Cost Volume Profit Analysis MCQs
The break-even point is the point where:
total sales revenue equals total expenses, variable and fixed.
total contribution margin equals total fixed expenses.
both a and b are true.
neither a nor b is true.
The break-even point in units is calculated using:
fixed expenses and the contribution margin ratio.
variable expenses and the contribution margin ratio.
fixed expenses and the unit contribution margin.
variable expenses and the unit contribution margin.
The margin of safety can be defined as:
the excess of budgeted or actual sales over budgeted or actual variable expenses.
the excess of budgeted or actual sales over budgeted or actual fixed expenses.
the excess of budgeted or actual sales over the break-even volume of sales.
the excess of budgeted net income over actual net income.
Which of the following represents the calculation of the contribution margin ratio?
(Sales - Fixed Expenses) ( Sales
(Sales - Cost of Goods Sold) ( Sales
(Sales - Variable Expenses) ( Sales
(Sales - Total Expenses) ( Sales
The following monthly data are available for the Boarder, Inc. and its only product: Unit sales price, $36; Unit variable expenses, $28; Total fixed e...
Terrell, Inc. sells a single product at a selling price of $40 per unit. Variable costs are $22 per unit and fixed costs are $82,800. Terrell’s brea...
Barton Co. has sales of 2,000 units at $70 per unit. Variable costs are 40% of the sales price. If total fixed costs are $44,000, the degree of operat...
Keller Co. sells a single product for $28 per unit. If variable costs are 65% of sales and fixed costs total $9,800, the break-even point will be (rou...
The Martin’s variable costs are 35% of sales. Martin is contemplating an advertising campaign that will cost $25,000. If sales are expected to incre...
The contribution margin ratio is 30% for Spice Co and the breakeven point in sales is $150,000. If the company desires a target net income of $60,000,...
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