Management Accounting Test Questions

Q.  CAPM accounts for:

a. Unsystematic risk
b. Systematic risk
c. Both a and b
d. None of the above


ANSWER: See Answer
 
No explanation is available for this question!
MCQs:  There are ______ types of standard used in the process of establishment of standard costing system.
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MCQs:  _________reflects a level of attainment depending on the maximum possible efficiency which may never be achieved.
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MCQs:  _________ is stated as a budget which is made to change as per the levels of activity attained.
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MCQs:  __________ contains the picture of total plans during the budget period and it comprises information relating to sales, profit, cost, production etc.
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MCQs:  _______also known as subsidiary budgets.
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MCQs:  In a month, payment for salary was Rs. 5,750 when the lag in payment of salary is 1/8 month. If total salaries of current month are Rs 6,000, determine the salaries of previous month.
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MCQs:  Cash budget is a __________ budget.
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MCQs:  Semi-variable expenses increases with the increase in the level of activity,
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MCQs:  Semi-variable cost will not be zero, even if production is nil.
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MCQs:  Material sub usage variance is calculated when A) When quantity of wastage is not given B) When quality of output is not given C) When price of wastage is not given D) When total cost of output is not given
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MCQs:  Material sub-usage variance is also known as
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MCQs:  Material sub usage variance is measured by using the formula
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MCQs:  Management auditor should be well versed with
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MCQs:  Which of the following is responsibility center?
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MCQs:  On the basis of information contained in the reports, the managerial reporting can be divided into
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MCQs:  Management accounting is related with A) The problem of choice making B) Recording of transactions C) Cause and effect relationships
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MCQs:  Analysis of any financial Statement comprises
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MCQs:  Which of the following statements are true? A) Common-size balance sheet shows relative value of the various items. B) In the common size income statement, each product is represented as a percentage of the net sales figure. C) Common size income statements represent the various elements as a percentage of the gross profit.
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MCQs:  The point of tangency between risk return indifferences curves and efficient frontier highlights:
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MCQs:  A portfolio comprises two securities and the expected return on them is 12% and 16% respectively. Determine return of portfolio if first security constitutes 40% of total portfolio.
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