Chapter 1
Cost Accounting Has Purpose
Note: the end of chapter brief exercises, exercises, and problems are coded K (knowledge), C
(comprehension), AP (application), AN (analysis), S (synthesize), and E (evaluation) according to the
original Blooms Taxonomy published in 1956.
Assignment Classification Table (By Learning Objective)
Learning Objectives Questions
Brief
Exercises Exercises Problems
1. Explore the elements that support
a company‘s purpose, as well as
your own.
1, 2, 3, 4 1, 2, 3, 4, 5,
6
1, 2, 3 1, 2, 3, 4
2. Connect the purpose of cost
accounting with the role of
accountants in organizations.
5, 6, 7 7, 8, 9 4, 5, 6 5, 6
3. Outline the frameworks, including
ethics, that guide the profession.
8, 9, 10, 11,
12
10, 11, 12 7, 8, 9,
10
7, 8, 9
Assignment Characteristics Table
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