|
MCQs: Collection of debtors
Category: MBA Questions, Published by: T-Code Scripts
|
|
MCQs: Provision of taxation is treated as
Category: MBA Questions, Published by: T-Code Scripts
|
|
MCQs: As per accounting standard AS3, provision for taxation should be treated as
Category: MBA Questions, Published by: T-Code Scripts
|
|
MCQs: Which of the following statement is true?
A) If the amount of good will increases during current year, the difference is treated as purchase of goodwill.
B) If the amount of good will decreases during current year, It will treated as written off.
Category: MBA Questions, Published by: T-Code Scripts
|
|
MCQs: The opening and closing balance of general reserves are Rs 10,000 and Rs 9,000, respectively. It is stated in addition information that a loss of Rs 1000 has been written off in general reserves. In such a case, decline in reserve and loss on investment will be adjusted in P&L account.
Category: MBA Questions, Published by: T-Code Scripts
|
|
MCQs: Which of the following statements are false?
A) Old Furniture written off doesn’t affect cash flow.
B) Cash flow statement is a substitute for cash account.
C) Appropriation of retained earnings is not shown in Cash flow statement.
D) Net cash flow during a period can never be negative.
Category: MBA Questions, Published by: T-Code Scripts
|
|
MCQs: Which of the following is not a cash inflow?
Category: MBA Questions, Published by: T-Code Scripts
|
|
MCQs: Which of the following is not a cash outflow?
Category: MBA Questions, Published by: T-Code Scripts
|
|
MCQs: While preparing Marginal cost and Contribution Statement, if any factor of production is key factor then ________ should be expressed in terms of per unit of Key factor.
Category: MBA Questions, Published by: T-Code Scripts
|
|
MCQs: Which of the following principles should be followed while making a decision to drop a product/line?
Category: MBA Questions, Published by: T-Code Scripts
|
|
MCQs: Rahul has an amount of Rs 3,00,000 which is invested in a business. He desires 15% return on his fund. It is known from the past cost data analysis that fixed costs are Rs 1,50,000 per annum and variable costs of operation are 60% of sales. Determine sales volume to get 15% return. Also tell shut down point of the business, if he would spend Rs 50,000 even if business has to be closed.
Category: MBA Questions, Published by: T-Code Scripts
|
|
MCQs: A facility, the installed capacity of which is 1,00,000 units, has budgeted 70% level of activity as Materials Rs 1,05,000, Wages Rs 1,40,000 Variable overheads Rs 70,000 and Fixed overheads Rs 20,000. Production is now proposed at 80,000 units. Determine Marginal cost p.u., Differential cost, and Differential cost p.u.
Category: MBA Questions, Published by: T-Code Scripts
|
|
MCQs: As per Cash flow method Increase in current liabilities and decrease in current assets are
Category: MBA Questions, Published by: T-Code Scripts
|
|
MCQs: In cash flow method for preparing cash budget, payment of dividends and prepaid payments are
Category: MBA Questions, Published by: T-Code Scripts
|
|
MCQs: Cash budget deals with historical data whereas Cash Flow Statement deals with future data.
Category: MBA Questions, Published by: T-Code Scripts
|
|
MCQs: Variable overhead variance is represented by expenditure variance only.
Category: MBA Questions, Published by: T-Code Scripts
|
|
MCQs: If the actual output is more than the budgeted output, volume variance is
Category: MBA Questions, Published by: T-Code Scripts
|
|
MCQs: The capacity variance arises when
Category: MBA Questions, Published by: T-Code Scripts
|
|
MCQs: Analysis of overhead variances can be done by
Category: MBA Questions, Published by: T-Code Scripts
|
|
MCQs: Given budgeted output, number of working days, fixed overheads and variable overheads are 15,000 units, 25, Rs 30,000 and Rs 45,000 respectively. The actual output, number of working days, fixed overheads and variable overheads are 16,000 units, 27, Rs 30,500 and Rs 47,000, respectively. The increase in capacity is 5%. Determine variable overhead expenditure variance and fixed overhead variance, respectively.
Category: MBA Questions, Published by: T-Code Scripts
|
