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MCQs: Material cost variances is measured as
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MCQs: Standard quality must relate to actual output.
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MCQs: The formula to calculate material price variance is
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MCQs: Management auditing is a part of statutory auditing.
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MCQs: In responsibility accounting, responsibilities of various groups or individuals are identified in terms of
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MCQs: Which of the following are not covered in managerial reporting?
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MCQs: The management accounting can be stated an extension of
A) Cost Accounting
B) Financial Accounting
C) Responsibility Accounting
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MCQs: Which of the following statements are true about Horizontal Analysis?
A) It does not examine the periodical trend.
B) It is useful for long-term analysis.
C) It is useful for long –term planning.
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MCQs: Which of the following statements are true?
A) Comparative financial statement is an example of horizontal analysis.
B) Trend Analysis is an example of vertical analysis.
C) Cash flow analysis is an example of horizontal analysis.
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MCQs: Present value tables for annuity cannot be straight away applied to varied stream of cash flows.
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MCQs: Heterogeneous cash flows can be made comparable by
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MCQs: General Profitability ratios are based on
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MCQs: Gross Profit ratio is also termed as
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MCQs: While calculating Gross Profit ratio,
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MCQs: Which of the following are current assets?
A) Fixed investments
B) Trade Payables
C) Short-term loans and advances
D) Furniture
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MCQs: Which of the following are Non-current assets?
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MCQs: Cash Flow Statement studies causes of change in working capital.
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MCQs: _________ reconciles the opening cash balance with the closing cash balance of a given period on the basis of net decrease or increase in cash during that period.
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MCQs: Which of the following statements are true?
A) Cash flow statement is more useful for short term cash planning.
B) Funds Flow statement is more useful in planning medium term and long term financing.
C) Cash Flow statement discloses the position of liquidity in a better way.
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MCQs: Fixed expenses decrease per unit with the increases in production and increases per unit with the decrease in production.
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