MCQ Collection
japan-cpa-short-answer MCQs
Practice japan-cpa-short-answer questions with answers and explanations.
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Correct Answer: A. The auditor obtains enough relevant and reliable evidence to support the opinion
Explanation:
Sufficiency is quantity; appropriateness is relevance and reliability.
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Correct Answer: C. A variance should be investigated when its size, pattern, controllability and cost-benefit justify review
Explanation:
Investigation should be selective and decision useful.
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Correct Answer: A. A variance should be investigated when its size, pattern, controllability and cost-benefit justify review
Explanation:
Investigation should be selective and decision useful.
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Correct Answer: B. A variance should be investigated when its size, pattern, controllability and cost-benefit justify review
Explanation:
Investigation should be selective and decision useful.
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Correct Answer: D. Target cost is derived from a market-based price less the required profit margin
Explanation:
Target costing designs cost to meet market and profit objectives.
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Correct Answer: D. A balanced scorecard combines financial and non-financial measures linked to strategy
Explanation:
Multiple perspectives support strategic control.
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Correct Answer: D. A balanced scorecard combines financial and non-financial measures linked to strategy
Explanation:
Multiple perspectives support strategic control.
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Correct Answer: D. A balanced scorecard combines financial and non-financial measures linked to strategy
Explanation:
Multiple perspectives support strategic control.
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Correct Answer: B. A balanced scorecard combines financial and non-financial measures linked to strategy
Explanation:
Multiple perspectives support strategic control.
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Correct Answer: D. A balanced scorecard combines financial and non-financial measures linked to strategy
Explanation:
Multiple perspectives support strategic control.
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Correct Answer: D. When a resource is scarce, products are prioritised by contribution per unit of the limiting resource
Explanation:
Contribution per constrained resource maximises short-run result.
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Correct Answer: C. When a resource is scarce, products are prioritised by contribution per unit of the limiting resource
Explanation:
Contribution per constrained resource maximises short-run result.