156-215.80 Exam Questions and Answers

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Refer to the exhibit.

What is the effect of the given service policy configuration?
A. It blocks cisco.com, msn.com, and facebook.com and permits all other domains.
B. It blocks all domains except cisco.com, msn.com, and facebook.com
C. It blocks all domains except facebook.com, msn.com, cisco.com and google.com
D. It blocks facebook.com, msn.com, cisco.com and google.com, and permits all other domains
Answer: C

Which of the following is not true of responsibility accounting?
A. The focus of cost center managers will normally be more narrow than that of profit center managers.
B. Managers should only be held accountable for factors over which they have significant influence.
C. Every factor that affects a firm's financial performance ultimately is controllable by someone, even if that someone is the person at the top of the firm.
D. When a responsibility account system exists, operations of the business are organized into separate areas controlled by individual managers.
Answer: C
Responsibility accounting stresses that managers are responsible only for factors under their control. For this purpose, the operations of the business are organized into responsibility centers. Costs are classified as controllable and uncontrollable. This implies that some revenues and costs can be changed through effective management. Management may then focus on deviations for either reinforcement or correction. Thus, the statement that every factor is ultimately controllable by someone is not a premise of responsibility accounting.

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