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BA 213 - Test#1 Review Instructor: Usha Ramanujam

1. Pizza World makes forty-three kinds of pizza for takeout and delivery. Which of the following could be the constraint at Pizza World? A) the person who makes the pizza crust. B) the person who puts toppings on the pizzas. C) the pizza oven. D) any of the above could be the constraint.

2. The Standards of Ethical Conduct for Management Accountants developed by the Institute of Management Accountants contain a policy regarding confidentiality that requires management accountants to refrain from disclosing confidential information acquired in the course of their work: A) except when authorized by management. B) in all situations. C) except when authorized by management, unless legally obligated to do so. D) in all cases not prohibited by law.

3. The Institute of Management Accountants (IMA) has developed ethical standards for management accountants. What four categories has the IMA classified these standards into? A) Reliability, Objectivity, Commitment, and Competence B) Objectivity, Integrity, Commitment, and Confidentiality C) Observation, Integrity, Closure, and Competence D) Competence, Objectivity, Integrity, and Confidentiality E) Reliability, Understandability, Flexibility, and Integrity

4. Prime cost and conversion cost share what common element of total cost? A) Direct materials. B) Direct labor. C) Variable overhead. D) Fixed overhead.

5. Wages paid to a timekeeper in a factory are a:

| |Prime cost |Conversion cost |
|A) |Yes |No |
|B) |Yes |Yes |
|C)

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