Previous Page
Earn one hour of CPE credit by reading the preceding CPE article and completing the provided self-study exam. MAIL IN THE COMPLETED EXAM BY JULY !, 2015, TO THE OSCPA CPE DEPARTMENT FOR GRADING. If you receive a score of 70% or higher, you will be issued a certificate for one hour of CPE credit, dated as of when the test arrives in the OSCPA office. If you score below a 70%, you will be notified of your score and will not be issued a certificate. Te answers for this exam will be printed in the next issue of the CPAFOCUS.
1. With kaizen, a value stream is defined as: a. What the customer wants from the product. b. A group of related products that require common production processes throughout.
c. Elimination of all inventory costs from production. d. An uninterrupted flow from order to delivery of the product.
2. A primary characteristic of lean accounting is: a. A push system for managing inventory. b. More exact standards for tracking variances. c. Shorter manufacturing cycles. d. Larger safety stocks of inventories.
3. A potential accounting disadvantage of adopting lean accounting is that it: a. Creates additional measurement costs. b. May increase manufacturing cycle time. c. Is not acceptable for reporting under Generally Accepted Accounting Principles.
d. May cause inventory stockouts.
Please use the following scale to complete the below evaluation: 5=strongly agree; 4=agree; 3=neutral; 2=disagree; 1=strongly disagree
1) Te stated learning objectives were adequately met. 2) Te authors conveyed a strong knowledge of the subject matter. 3) Te article was timely and relevant. 4) Te article and exam were well-suited to my background, education and experience.
5 5 5 5
4 4 4 4
My overall rating for the self-study program is: Excellent Very good Average Fair Poor It took me ____ hours and ____ minutes to read the article and complete the exam.
Name: ____________________________________________ OSCPA Member No.: ____________________ Firm/Company: ______________________________________ Email address (where the CPE certificate will be sent): _________________________________________________________________________________________________
Payment Information (choose one): Enclosed is a check for $20.00 made payable to the Oklahoma Society of CPAs. Please charge my credit card $20.00. Tis is a: Personal credit card Corporate card
Card number __________________________________________________________________________________ Exp. Date (required) _____________________________ Name as it appears on the card _____________________________________________________ Signature ______________________________________________________
After completing the exam above, please mail this page (photocopies accepted) along with your payment information to: Oklahoma Society of CPAs CPAFOCUS Self-Study 1900 NW Expressway, Ste 910 Oklahoma City, OK 73118-1898
1-D, 2-C, 3-D, 4-B, 5-A May/June 2015
3 3 3 3 2 2 2 2 1 1 1 1
4. Deming identified the greatest influence on worker productivity as: a. Environment. b. Education. c. Skill. d. Motivation.
5. A concept that is unique to lean accounting is a/an: a. Cost standard. b. Value. c. Balanced scorecard. d. Efficiency variance.
CPAFOCUS
13