Question 1. The controller's staff often consists of several management accountants. All of the following would most likely be on the controller's staff EXCEPT ________.
a) general accountants
b) budgets and budget analysts
c) investments and shareholder relations managers
d) cost accountants
Question 2. Which of the following is false in regards to direct materials for an auto manufacturer?
a) Steel would probably be a direct material.
b) Upholstery fabric would probably be a direct material.
c) Oil to lubricate factory machines would not be a direct material.
d) Small plastic clips to hold on door panels, because they become part of the auto, must be accounted for as direct materials.
Question 3. Which of the following is an example of direct labor cost for an airplane manufacturer?
a) Cost of oil lubricants for factory machinery
b) Cost of wages of assembly worker
c) Salary of plant supervisor
d) Cost of jet engines