开发者:上海品职教育科技有限公司 隐私政策详情

应用版本:4.2.11(IOS)|3.2.5(安卓)APP下载

珈柠 · 2024年08月09日

CFA|

NO.PZ2023040301000193

问题如下:

Which of the following statements about forecasting selling, general and administrative (SG&A) expenses is most accurate?

选项:

A.

General corporate costs are mostly variable costs

B.

Selling and distribution expenses can be modeled as a percentage of sales

C.

Overall SG&A expenses have a more direct relationship with revenues than cost of goods sold

解释:

Because selling and distribution expenses often have a large variable component and can be modeled as a percentage of sales.

A is incorrect because general corporate costs are more fixed costs and might be better modeled using a fixed growth rate based on expected wage inflation.

C is incorrect because cost of sales (cost of goods sold, or COGS) is typically the single largest cost for companies that make and/or sell products. Because it has a direct link with sales, forecasting this item as a percentage of sales (or as a gross margin) is usually a good approach. SG&A expenses often have a less direct relationship with revenues. Although SG&A expenses overall are generally less closely linked to revenue than is cost of sales, certain SG&A expenses could be more variable than others.

请问C选项为什么不对?

1 个答案
已采纳答案

王园圆_品职助教 · 2024年08月09日

同学你好,SG&A包含了销售费用和管理费用

一般来说,管理费用是公司的固定开支——举个例子:无论公司卖1件衣服还是100件衣服,办公室租赁的钱都是固定的10000块,这个租赁费一般就属于管理费用,而只有销售费用可能和公司的销售额sales相关性更高,SG&A因为包含了管理费等固定开支,和sales的关系是没有那么直接的

但是COGS和销售就是一一对应的关系,每卖出去1件衣服,就要结转这件衣服对应的存货成本,所以COGS和sales的关联性非常高