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Mas Diagnostic Exam

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DIAGNOSTIC EXAMINATIONS

|Exam Coverage |RPCPA Licensure Examination Syllabus |
|Exam Code |MAS.Diagnostic5.09 |
|No. of Questions |20 |
|Estimated Time |30 minutes |

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INSTRUCTIONS: Use the answer sheet provided and fully shade the box corresponding to the letter of your best choice. GOODLUCK!(

1. The day-to-day work of management teams will typically comprise all of the following activities except: A. decision making. B. planning. C. cost minimizing. D. directing operational activities.

2. Which of the following is the proper sequence of events in an activity-based costing system? A. Identification of cost drivers, identification of cost pools, calculation of cost application rates, assignment of cost to products. B. Identification of cost pools, identification of cost drivers, calculation of cost application rates, assignment of cost to products. C. Assignment of cost to products, identification of cost pools, identification of cost drivers, calculation of cost application rates. D. Calculation of cost application rates, identification of cost drivers, identification of cost pools, assignment of cost to products.

3. During a recent accounting period, Marty's shipping department processed 26 orders. Each order typically takes four hours to complete; however, the average time increased to five hours because of various departmental inefficiencies. If

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