Scribd
Upload
70 views4 pages

Seventy (70) Multiple Choice Questions: Topic

This document outlines the topics and recommended hours of study for the Management Accounting Systems (MAS) exam. The exam will consist of 70 multiple choice questions covering various areas of management accounting including cost concepts, budgeting, variance analysis, decision-making techniques, and strategic management topics. Recommended hours of study range from 4 to 14 hours per topic. Key areas include cost-volume-profit analysis, standard costing, budgeting, activity-based costing, and responsibility accounting. The exam also covers financial management, capital budgeting, investments, and macroeconomic and microeconomic concepts.

Uploaded by

Zeus Gamo
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
70 views4 pages

Seventy (70) Multiple Choice Questions: Topic

This document outlines the topics and recommended hours of study for the Management Accounting Systems (MAS) exam. The exam will consist of 70 multiple choice questions covering various areas of management accounting including cost concepts, budgeting, variance analysis, decision-making techniques, and strategic management topics. Recommended hours of study range from 4 to 14 hours per topic. Key areas include cost-volume-profit analysis, standard costing, budgeting, activity-based costing, and responsibility accounting. The exam also covers financial management, capital budgeting, investments, and macroeconomic and microeconomic concepts.

Uploaded by

Zeus Gamo
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 4

MAS

Seventy (70) multiple choice questions


TOPIC Recommended Hours
Objective, role and scope of management accounting 4
Management functions and concepts
Distinction of management, cost and financial accounting
Role and activities of controller and treasurer
International certifications in management accounting
Nature of management consultancy engagements
Professional attributes of management consultants
Areas, stages and management consultancy engagements
Cost terms, concepts and behavior 6
Nature and classification of costs
Analysis of cost behavior
Splitting mixed cost
Cost Volume Profit Analysis (CVP) 12
Uses, assumptions and limitations of CVP
Factors affecting profit
Breakeven point in unit sales and peso sales
Required selling price, unit sales and peso sales to achieve a target
profit
Sensitivity analysis (indifference point in unit and peso sales
Use of sales mix in multi-product companies
Margin of safety and degree of operating leverage
Standard costing and variance analysis 12
Direct material variance
Direct labor variance
Factory overhead variance
Variable costing and absorption costing 12
Nature and treatment of fixed factory overhead costs
Distinction between product cost and period cost
Inventory costs
Reconciliation of operating income
Financial Planning and Budgets 8
Budgeting process
Master budget and its components
Types of budgets (static, flexible, zero-based, continuous)
Budget variance analysis
Activity-based costing (ABC) and Activity-based management (ABM) 12
Activity levels, cost pools and activity drivers
Cost pool rates and application of overhead costs
Traditional costing versus activity-based costing
Process value analysis (value-added activities and non-value-added
activities)
Strategic cost management 14
Total quality management
Just-in-time production system
Continuous improvement
Business process reengineering
Kaizen costing
Product life cycle costing
Target costing
Responsibility Accounting 8
Types of responsibility centers
Decentralization and segment reporting
Controllable and non-controllable costs
Direct and common costs
Performance margin (manager vs segment performance)
Segmented income statement
Return on investment, residual income and economic value added

Transfer Pricing 8
Rational and need for transfer price
Transfer pricing schemes
Balance Scorecard 4
Nature and perspectives of balance scorecard
Financial and non-financial performance measures
Quantitative techniques 13
Regression and correlation analysis
Gantt chart
Program evaluation review technique (PERT) – Critical Path Method
(CPM)
Probability analysis (expected value concept)
Decision tree diagram
Learning curve
Inventory models
Relevant Costing 14
Identification of relevant costs
Opportunity costs
Approaches in analyzing alternatives in non-routing decisions
Types of decision
Objectives and Scope of Financial Management 4
Nature, purpose and scope
Role of financial managers in investment, operating and financing
decisions
Financial statement analysis 12
Vertical analysis (common-size FS)
Horizontal analysis
Cash flow analysis
Gross profit variance analysis
Financial ratios
Financial forecasting using additional funds needed (FAN)
Working Capital Finance 46
Significance of working capital management
Working capital investment and financing policies
Cash and marketable securities management
Receivables management
Inventory management
Sources of short-term funds
Estimating cost of short-term funds
Capital Budgeting 38
Capital investment decision factors
Non-discounted capital budgeting techniques
Discounted capital budgeting techniques
Project screening, project ranking and capital rationing
Sensitivity analysis
Investments, risks and rates of returns 30
Types of risks (business/operating, financing)

Measures of risks (beta, coefficient or variation and standard deviation)


Degree of operating, financial and total leverage
Investment models (Black Sholes, CAPM)
Capital markets
Types of investment products
Capital structure and long-term financing decisions 18
Concepts and tools of capital structure management
Sources of intermediate and long- term financing
Cost of capital
Management Consultancy 4
Nature of management consultancy engagements
Professional attributes of management consultants
Areas, stages and management
IFAC & Philippine Code of Ethics for the Accountancy Profession
NOCLAR provisions and implications
Project Feasibility Studies 4
Nature, purpose and components
Analysis of project revenue and costs under specific assumptions
Preparation of projected financial statements
Analysis of financial projections
Macroeconomics 6
GDP and GNP
Unemployment
Inflation
Fiscal and monetary policies
International trade
Foreign exchange rates
Microeconomics 6
Demand
Supply
Market equilibrium
Price elasticity of demand
Market structure
Production and cost functions

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy