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Topic |
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Topic 1 |
- Process Costing: This section of the exam measures the skills of accounting analysts and covers process costing systems used in mass production environments. It includes the calculation of unit costs across departments and the preparation of production cost reports.
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Topic 2 |
- Managerial Accounting: This section of the exam measures the skills of accounting analysts and covers the role of managerial accounting within organizations. It explains how internal financial information is used to support planning, controlling, and decision-making activities and contrasts it with financial accounting.
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Topic 3 |
- Variance Analysis: This section of the exam measures the skills of business managers and covers the comparison of budgeted versus actual results. It includes analyzing variances in costs and revenues and interpreting these variances to understand business performance.
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Topic 4 |
- Using Differential Analysis to Make Decisions: This section of the exam measures the skills of business managers and covers how to use relevant cost analysis for decision-making. It focuses on identifying avoidable costs and evaluating options such as outsourcing, special orders, and product line decisions.
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Topic 5 |
- Job Costing: This section of the exam measures the skills of business managers and covers how costs are assigned to specific jobs or products. It introduces job order costing systems and discusses how to track materials, labor, and overhead for customized production orders.
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Topic 6 |
- Budgets: This section of the exam measures the skills of accounting analysts and covers the development and use of various budgets. It explores operating budgets, cash budgets, and master budgets, and explains how they support financial planning and performance management.
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Topic 7 |
- Cost Behavior Patterns: This section of the exam measures the skills of business managers and covers how different costs behave relative to changes in activity levels. It outlines fixed, variable, and mixed cost patterns, and explains how this understanding helps in planning and budgeting.
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Topic 8 |
- Performance Evaluation: This section of the exam measures the skills of accounting analysts and covers the use of accounting data to assess departmental and managerial performance. It introduces responsibility accounting and the use of performance metrics like ROI and residual income.
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Topic 9 |
- Using Managerial Accounting: Trends and Ratios: This section of the exam measures the skills of accounting analysts and covers the use of trend analysis and financial ratios. It focuses on evaluating business health and operational efficiency through key accounting indicators.
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Topic 10 |
- Cost-Volume-Profit Analysis: This section of the exam measures the skills of accounting analysts and covers the relationship between cost, volume, and profit. It involves analyzing break-even points, contribution margins, and target income levels to support financial decision-making.
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Saylor Managerial Accounting (SAYA-0009) Exam Sample Questions (Q41-Q46):
NEW QUESTION # 41
What would the salary of a manufacturing firm's HR Manager be classified as?
- A. Manufacturing Overhead
- B. Direct Labor
- C. General and Administrative Costs
- D. Indirect Labor
Answer: C
NEW QUESTION # 42
You are the newly hired manager of an individual restaurant chain. Which of the following responsibilities for your responsibility center would you be evaluated on?
- A. Meeting cost budgets
- B. Return on investment for shareholders
- C. Investments in assets decisions
- D. Revenues, costs, and resulting profits
Answer: D
NEW QUESTION # 43
Wycliff Corporation practices activity-based management at their manufacturing facility. Which of the following events would most likely be the result of a decision made using activity-based management theory?
- A. Customer service representatives responded to vendor complaints
- B. Plant managers assisted in calculating a plant-wide overhead rate
- C. Direct labor costs were assigned to work-in-process accounts
- D. The packaging department was moved closer to the shipping department
Answer: D
NEW QUESTION # 44
SJ Candles should expect the absorption costing and variable costing methods to result in the same 4th quarter operating profit when which of the following is true?
- A. They started the 4th quarter with no inventory and every candle that was produced in the 4th quarter also sold
- B. They started the 4th quarter with no inventory and sold 80% of the candles that were produced in the 4th quarter
- C. Their 4th quarter sales included every candle produced in the 4th quarter as well as a few that remained in inventory from the 3rd quarter
- D. They sold all remaining 3rd quarter inventory in 4th quarter and produced zero candles in 4th quarter
Answer: A
NEW QUESTION # 45
Thompson Dental is deciding between two lease options for a new copier. They anticipate making 22,500 copies spread evenly over the course of the year. Which of the following options should they choose if they want to save the most money on an annual basis, and how much money will they save?
Option 1: Monthly lease: $225, Included copies: 1,500/month, Additional copies: $0.15 per copy Option 2: Monthly lease: $250, Included copies: 1,800/month, Additional copies: $0.02 per copy
- A. Option 1; $300 annual savings
- B. Option 2; $189 annual savings
- C. Option 2; $357 annual savings
- D. Option 1; $16 annual savings
Answer: C
NEW QUESTION # 46
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