AICPA考试BEC真题2010（题目）
1.Which of the following economic terms describes a general decline in prices for goods and rvices and in the level of interest rates?
a.Expansion.
b.Inflation.
c.Deflation.
d.Recession.lead
2.The primary purpo of the consumer price index(CPI)is to:
a.Establish a cost-of-living index.the crew
b.Identify the strength of an economic recovery.
c.Help determine the Federal Rerve Bank's discount rate.
d.Compare relative price changes over tim
e.
3.Carter Co.paid$1,000,000for land three years ago.Carter estimates it can ll the land for$1,200,000,net of lling costs.If the land is not sold,Carter plans to develop the land at a cost of$1,500,000.Carter estimates net cash flow from the development in the first year of operations would be$500,000.What is Carter's opportunity cost of the development?
dolce vitaa.$1,500,000
b.$1,200,000
far highc.$1,000,000
d.$500,000
4.What is the formula for calculating the profitability index of a project?
a.Subtract actual after-tax net income from the minimum required return in dollars.
b.Divide the prent value of the annual after-tax cash flows by the original cash invested in the project.
c.Divide the initial investment for the project by the net annual cash inflow.
d.Multiply net profit margin by ast turnover.
5.Which of the following statements is correct regarding the weighted-average cost of capital (WACC)?
a.One of a company's objectives is to minimize the WACC.
b.A company with a high WACC is attractive to potential shareholders.
c.An increa in the WACC increas the value of the company.
d.WACC is always equal to the company's borrowing rat
e.
770是什么意思6.An increa in which of the following should cau management to reduce the average inventory?
a.The cost of placing an order.
b.The cost of carrying inventory.
c.The annual demand for the product.
psychology怎么读d.The lead time needed to acquire inventory.
7.Which of the following ratios would most likely be ud by management to evaluate short-term liquidity?
a.Return on total asts.
b.Sales to cash.
c.Accounts receivable turnover.
d.Acid test ratio.
8.Which of the following ratios would be ud to evaluate a company's profitability?
a.Current ratio.
b.Inventory turnover ratio.
c.Debt to total asts ratio.
d.Gross margin ratio.
9.When a client's accounts payable computer system was relocated,the administrator provided support through a dial-up connection to a rver.Subquently,the administrator left the company. No changes were made to the accounts payable system at that time.Which of the following situations re
prents the greatest curity risk?
a.Ur passwords are not required to be in alpha-numeric format.
b.Management procedures for ur accounts are not documented.
c.Ur accounts are not removed upon termination of employees.
d.Security logs are not periodically reviewed for violations.
10.An entity doing business on the Internet most likely could u any of the following methods
to prevent unauthorized intruders from accessing proprietary information except:
a.Password management.
b.Data encryption.
c.Digital certificates.
d.Batch processing.
11.Which of the following information technology(IT)departmental responsibilities should be delegated to parate individuals?
a.Network maintenance and wireless access.
b.Data entry and antivirus management.
c.Data entry and application programming.
d.Data entry and quality assuranc
e.
12.Which of the following transaction processing modes provides the most accurate and complete information for decision making?
a.Batch.
b.Distributed.
c.Online.
d.Application.
13.Which of the following is considered an application input control?
a.Run control total.
b.Edit check.
c.Report distribution log.
d.Exception report.
14.Which of the following terms refers to a site that has been identified and maintained by the organization as a data processing disaster recovery site but has not been stocked with equipment?
a.Hot.
b.Cold.
c.Warm.
d.Flying start.
15.Relevant information for material A follows:
Actual quantity purchad and ud6,500lbs.
Standard quantity allowed6,000lbs.
Actual price$3.80
Standard price$4.00
What was the direct material quantity variance for material A?
a.$2,000favorable.
b.$1,900favorable.
c.$1,900unfavorable.
d.$2,000unfavorabl
e.
16.Smart Co.us a static budget.When actual sales are less than budget,Smart would report favorable variances on which of the following expen categories?
Sales commissions Building rent
a.Yes Yes
b.Yes No
c.No Yes
d.No No
17.An increa in production levels within a relevant range most likely would result in:
a.Increasing the total cost.
b.Increasing the variable cost per unit.
c.Decreasing the total fixed cost.
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d.Decreasing the variable cost per unit.
18.
A CPA would recommend implementing an activity-bad costing system under which of the following circumstances?
a.The client is a single-product manufacturer.
b.Most of the client's costs currently are classified as direct costs.
c.The client produced products that heterogeneously consume resources.
d.The client produced many different products that homogeneously consume resources.
19.
A company that produces10,000units has fixed costs of$300,000,variable costs of$50per unit, and a sales price of$85per unit.After learning that its variable costs will increa by20%, the company is considering an increa in production to12,000units.Which of the following statements is correct regarding the company's next steps?
炽热的拼音a.If production is incread to12,000units,profits will increa by$50,000.
恒企b.If production is incread to12,000units,profits will increa by$100,000.
c.If production remains at10,000units,profits will decrea by$50,000.
d.If production remains at10,000units,profits will decrea by$100,000.
20.A delivery company is implementing a system to compare the costs of purchasing and operating different vehicles in its fleet.Truck415is driven125,000miles per year at a variable cost of$0.13per mile.Truck415has a capacity of28,000pounds and delivers250full loads per year. What amount is the truck's delivery cost per pound?
a.$0.00163per pound.
b.$0.00232per pound.
c.$0.58036per poun
d.
d.$1.72000per pound.
21.Which of the following is an assumption in a perfectly competitive financial market?
a.No single trader or traders can have a significant impact on market prices.
b.Some traders can impact market prices more than others.
c.Trading prices vary bad on supply only.
d.Information about borrowing/lending activities is only available to tho willing to pay market prices.
22.A country's currency conversion value has recently changed from1.5to the U.S.dollar to1.7 to the U.S.dollar.Which of the following statements about the country is correct?
urga.Its exports are less expensive for the United States.
b.Its currency has appreciated.
c.Its imports of ds are more affordable.
d.Its purchas of the U.S.dollar will cost less.
23.Salem Co.is considering a project that yields annual net cash inflows of$420,000for years
