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Saylor BUS105 Exam Syllabus Topics:
Topic
Details
Topic 1
- Statement of Cash Flows: This section of the exam measures the skills of business managers and covers the preparation and interpretation of cash flow statements. It explains how to track cash inflows and outflows from operating, investing, and financing activities.
Topic 2
- Managerial Accounting: This section of the exam measures the skills of accounting analysts and covers the role of managerial accounting within organizations. It explains how internal financial information is used to support planning, controlling, and decision-making activities and contrasts it with financial accounting.
Topic 3
- Cost Behavior Patterns: This section of the exam measures the skills of business managers and covers how different costs behave relative to changes in activity levels. It outlines fixed, variable, and mixed cost patterns, and explains how this understanding helps in planning and budgeting.
Topic 4
- Job Costing: This section of the exam measures the skills of business managers and covers how costs are assigned to specific jobs or products. It introduces job order costing systems and discusses how to track materials, labor, and overhead for customized production orders.
Topic 5
- Performance Evaluation: This section of the exam measures the skills of accounting analysts and covers the use of accounting data to assess departmental and managerial performance. It introduces responsibility accounting and the use of performance metrics like ROI and residual income.
Topic 6
- Using Differential Analysis to Make Decisions: This section of the exam measures the skills of business managers and covers how to use relevant cost analysis for decision-making. It focuses on identifying avoidable costs and evaluating options such as outsourcing, special orders, and product line decisions.
Topic 7
- Budgets: This section of the exam measures the skills of accounting analysts and covers the development and use of various budgets. It explores operating budgets, cash budgets, and master budgets, and explains how they support financial planning and performance management.
Topic 8
- Using Managerial Accounting: Trends and Ratios: This section of the exam measures the skills of accounting analysts and covers the use of trend analysis and financial ratios. It focuses on evaluating business health and operational efficiency through key accounting indicators.
Topic 9
- Process Costing: This section of the exam measures the skills of accounting analysts and covers process costing systems used in mass production environments. It includes the calculation of unit costs across departments and the preparation of production cost reports.
Topic 10
- Variance Analysis: This section of the exam measures the skills of business managers and covers the comparison of budgeted versus actual results. It includes analyzing variances in costs and revenues and interpreting these variances to understand business performance.
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Saylor Managerial Accounting (SAYA-0009) Exam Sample Questions (Q33-Q38):
NEW QUESTION # 33
Using this data, what is the number of units that must be sold in order to achieve a desired after-tax profit of $100,000?
- A. 14,800 units
- B. 16,000 units
- C. 15,360 units
- D. 12,800 units
Answer: A
NEW QUESTION # 34
You are the newly hired manager of an individual restaurant chain. Which of the following responsibilities for your responsibility center would you be evaluated on?
- A. Return on investment for shareholders
- B. Revenues, costs, and resulting profits
- C. Meeting cost budgets
- D. Investments in assets decisions
Answer: B
NEW QUESTION # 35
SJ Candles subscribes to a management theory known as management by exception. Which of the following best describes a situation where management by exception would be applied?
- A. Management is faced with an ethical issue regarding a decision about investing in long-term assets
- B. There are significant activities occurring outside of the relevant range which require additional analysis
- C. Tax savings resulted in an unplanned 25% increase to net income in year 2
- D. There is a $26,000 unfavorable labor rate variance that is 1% higher than their threshold for investigating variances
Answer: D
NEW QUESTION # 36
Which row correctly identifies the calculation to establish standard costs for direct materials, direct labor, and factory overhead?
- A. Row 1
- B. Row 2
- C. Row 4
- D. Row 3
Answer: C
NEW QUESTION # 37
Ladron Candies is analyzing sales and production data for the holiday boxes they produced last year. The company expected to use 0.10 direct labor hours to produce one box of specialty candy, and the variable overhead rate was $2.00 per hour. According to payroll records, the company paid for a total of 104,000 hours of direct labor wages. The actual variable overhead costs totaled $200,000. They sold 800,000 boxes of candy to retailers. What is the variable overhead efficiency variance?
- A. $48,000 unfavorable variable overhead efficiency variance
- B. $8,000 favorable variable overhead efficiency variance
- C. $8,000 unfavorable variable overhead efficiency variance
- D. $48,000 favorable variable overhead efficiency variance
Answer: A
NEW QUESTION # 38
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