Management Accounting Test Questions


Q.  Heterogeneous cash flows can be made comparable by

a. Discounting technique
b. Compounding technique
c. Either a or b
d. None of the above


ANSWER: See Answer
 
No explanation is available for this question!
MCQs:  Which of the following statements are true about Estimated Costs and Standard Costs?
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MCQs:  Which of the following statements are true about Standard Costs and Budgetary Control System?
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MCQs:  Which of the following statements are true about budget, budgeting & budgetary control?
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MCQs:  A standard cost card reveals that one unit of Product A needs 2 kg of material X at Rs 10 per kg. During February 800 units of Product A were produced. Actual price paid for material X is Rs 9 per kg and total cost Rs 15,300. Determine material cost variance.
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MCQs:  Which of the following is true about management accounting? A) Management accounting is associated with presentation of accounting data. B) Management accounting is extremely sensitive to investors needs.
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MCQs:  John N. Myer stated that vertical and horizontal analysis forms the back-bone of financial statement analysis technique.
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