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Answer Questions
1) _____ refers to accounting information developed for managers
within an organization.

a. Internal auditing
b. Managerial accounting
c. Financial accounting
d. Tax accounting

2)Which scorecard function is associated with making nonroutine decisions?

a. Scorekeeping is associated with making nonroutine decisions.
b. Attention directing is associated with making nonroutine decisions.
c. Problem solving is associated with making nonroutine decisions.
d. None of these answers is correct.

3) The greatest impact of the Foreign Corrupt Practices Act on the accounting system is that it _____.

a. forbids bribery
b. prohibits unethical practices by foreign investors
c. requires documentation of the adequacy of internal accounting controls
d. specifies how to account for transactions with foreign countries

4) Which of the following items should be considered in addition to simplicity by
managers when designing accounting systems?

a. Cost-benefit balances should be considered.
b. Behavior implications should be considered.
c. Cost-benefit balances and behavior implications should be considered.
d. None of these answers is correct.

5) A mortgage payment would most likely be identified as a ¬¬¬¬¬_____.

a. purely variable cost
b. discretionary fixed cost
c. committed fixed cost
d. mixed cost

6) Costs arising from the possession of facilities, equipment, and a basic organization are ¬¬¬¬¬_____.

a. capacity costs
b. discretionary costs
c. committed fixed costs
d. engineered costs

7) The fixed costs required to achieve a desired level of production or to provide a desired level of service, while maintaining product or service attributes (e.g., quality), are ¬¬¬¬¬_____.

a. committed costs
b. mixed costs
c. capacity costs
d. engineered costs

8) In the mixedâ?'cost function, Y = $77,000 + $9.70X, the X signifies ¬¬¬¬¬_____.

a. total fixed cost
b. total cost
c. variable cost per unit of cost driver
d. number of units of the cost driver

9) Sam Company makes metal signs for businesses and residences. These signs are made of sheet metal, which the owner paints by hand. The owner has a good sense of his labor and materials cost behavior, but he is concerned that he does not have good measure of other support costs. Currently, he predicts support costs to be 40% of the cost of materials. Close investigation of the business reveals that $8 per direct labor hour is a more plausible and reliable support cost relationship.

Consider estimated support costs of the following two signs that Sam Company makes.

Small Sign Large Sign

Materials cost $150 $500
Direct labor hours 5 7
Support costs 9 11

The amount of support costs assigned to a small sign using direct labor hours as the cost driver is ¬¬¬¬¬_____.

a. $80
b. $40
c. $200
d. $90

10) Hug Me Company produces dolls. Each doll sells for $20.00. Variable costs per unit total $14.00, of which $6.25 is for direct materials and $5.25 is for direct labor. If the break-even volume in dollars is $1,446,000, then the total fixed costs for the period must be _____.

a. $433,800
b. $361,500
c. $516,425
d. $1,446,000

11) Zachary Company wishes to earn after-tax net income of $18,000. Total fixed costs are $84,000, and the contribution margin per unit is $6.00. Zachary's tax rate is 40%. The number of units that must be sold to breakeven is _____.

a. 14,000 units
b. 17,000 units
c. 19,000 units
d. 21,500 units

12) If fixed expenses were the same and contribution margin per unit was cut in half, then the breakâ?'even point would _____.

a. be cut in half
b. double
c. be the same
d. be undeterminable

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Solution Summary

The solution explains various multiple choice questions in management accounting

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Amino acids multiple choice questions

Which statement is incorrect about the classification of amino acids?
a. Alanine and valine are neutral, nonpolar amino acids.
b. Lysine and arginine are basic amino acids.
c. Tryptophan and phenylalanine are aromatic amino acids.
d. Aspartic acid and aspargine are acidic amino acids.

Which of the following amino acids is the least water soluble at pH 7.0?
a. Tryptophan
b. Glutamic acid
c. Cysteine
d. Histidine

Which amino acid would migrate the furthest toward the anode (positive electrode) during paper electrophoresis at pH 7.0?
a. Aspartic acid
b. Alanine
c. Lysin
d. Glutamine

Which of the following functional groups, attached to an inert matrix, could function as a cation exchanger?
a. Diethylaminoethyl-
b. p-aminobenzyl-
c. Carboxymethyl-
d. Trimethylammonium-

Which of the following amino acids would make the best buffer at pH 4.5?
a. Histidine
b. Alanine
c. Glutamine
d. Aspartic acid

Which fact is incorrect about stereoisomers?
a. A diastereomer is a nonsuperimposable non-mirror image.
b. An enantiomer is a nonsuperimposible mirror image.
c. Diastereomers have different melting points.
d. Diastereomers rotate plane polarized light in equal but opposite direction.

Which statement is incorrect about L-isoleucine?
a. Its enantiomer is named O-isoleucine.
b. It contains a total of two asymmetric or chiral carbons.
c. It can also be named as (28, 38)-isoleucine using the (R,8) system.
d. Its diastereomer would be named O-alloisoleucine.

An isoelectric amino acid was dissolved in water and the resulting pH was approximately 7.6. What amino acid would possess this property?
a. Alanine
b. Glutamic acid
c. Histidine
d. Lysine

What volume of NaOH is required to adjust the solution of monosodium aspartate to pH 9.8?
a. 1 ml
b. 2 ml
c. 3 ml
d. 6 ml or more

What volume of 2 N Hel is required to completely titrate the 4 mmol of monosodium aspartate?
a. 2 ml
b. 3ml
c. Aml
d. 6 ml or more

Which statement is correct about the peptide ala-ser?
a. Alanine is at the N-terminal of the peptide.
b. There are a total six atoms that lie in the plane of the peptide bond linking alanine to serine.
c. The alpha-carbon of alanine is sp3 hybridized d All the above are correct statements.

What is the product formed from the acid hydrolysis of a simple amide?
a. Acid & base
b. Aldehyde & alcohol
c. Acid & amine
d. Ester & alcohol

The complete acid hydrolysis of the peptide ala-gln-trp-ser would yield:
a. Ala, gin, trp, ser
b. Ala, glu, ser
c. Ala, glu, trp, ser
d. Ala. ser

Fibrous proteins, such as collagen, have which of the following properties?
a. Highly soluble in water
b. Their hydrophilic residues are directed into the interior of the protein
c. Exhibit enzymatic activity
d. Serve structural roles in the cell

Quaternary structure is associated with:
a. The overall shape of a polypeptide chain
b. The sum of the secondary and tertiary interactions
c. Simple proteins with only one subunit
d. The relative orientation of one polypeptide to another polypeptide in a multi-subunit protein.

The information needed to define the structure of a protein is essentially contained in:
a. Amino acid composition
b. Amino acid sequence
c. Secondary structure
d. Tertiary structure.

Insulin is a polypeptide hormone that contains two short polypeptide chains linked by two interstrand disulfide bonds. The most logical order of events to perform in order to sequence this protein would be:
A: The peptides are reduced with mercaptoethanol.
B: The peptides are sequenced using Edman chemistry .
C: The peptides are separated by chromatography techniques. 0: The peptides are alkylated with iodoacetamide.
a. A, D,C, B b.C,A, 0, B
c. C, B, A, 0
d. A, B, C, 0

Which statement is incorrect about the peptide val-asp-trp-asn-ser?
a. This peptide would show a strong absorption band at 280 nm.
b. Reaction with chymotrypsin would yield two peptides.
c. To synthesize this peptide using the solid phase method of Merrifield, the amino acid directly attached to the resin would be serine.
d. After the second round of Edman chemistry using the reagent PITC, the PTH -amino acid residue released would be PTH-asn.

Which statement is incorrect about the reaction of the peptide ser-Iys-asp-trp-cys-metasn-phe-ala with the following reagents?
a. Reaction with cyanogens bromide would yield two peptides.
b. Reaction with trypsin would result in three peptides. The smallest of three peptides would have the highest pi of the three.
c. Reaciton with chymotrypsin would result in the peptides ser-Iys-asp & try-cys-met-Iysasn-phe-ala .
d. Reaction with chymotrypsin would yield a different set of peptides that overlap those obtained with tryspsin

Determine the amino acid sequence of the following oligopeptide from the experimental data below:
The amino acid composition is found the be ala, Iys, phe, met, cys plus some
decompsition products.
2. The peptide has a molecular weight around 700 Da and absorbs at 280 nm.
3. Treatment with carboxypeptidase results in tryptophan and a peptide.
4. CNBr treatment yields a tetrapeptide and a dipeptide.
5. Trypsine digestion produces an amino acid and a pentapeptide with met on the amino end.
6. Chymotrypsin digestion yields a dipeptide and a tetrapeptide.
a. trp-Iys-met-cys-met-ala
b. Iys-met-cys-phe-ala-trp
c. trp-ala-phe-cys-met-Iys
d. Iys-ala-cys-phe-met -trp

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