Management Accounting Test Questions

Q.  In case of other enterprises cash flow arising from interest paid should be classified as cash flow from ________ while dividends and interest received should be stated as cash flow from _______.

a. Operating activities, financing activities
b. Financing activities, investing activities
c. Investing activities, operating activities
d. None of the above


ANSWER: See Answer
 
No explanation is available for this question!
MCQs:  In a company Department A recorded losses in the first half of the current year. The sale of department is Rs 90,000 and uncontrollable costs are Rs 91,000, Advice the management whether its operations should be continued or terminated.
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  _________ is a monthly profit and loss account, wherein the actual results of the concerned month are compared with the budgeted figures of that month.
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  __________ conveys detailed summary pertaining to various activities of the organization.
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  The definition ‘Management Accounting is the presentation of accounting information in such a way as to assist management in the creation of policy and the day-to-day operation of an undertaking.’
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  Agency cost consists of
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  Finance Function comprises
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  The objective of wealth maximization takes into account
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  Financial management mainly focuses on
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  Liquid assets is determined by
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  Which of the following is not included in current assets?
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  Higher the ratio, the more favorable it is, doesn’t stand true for
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  The most precise test of liquidity is
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  Quick ratio is 1.8:1, current ratio is 2.7:1 and current liabilities are Rs 60,000. Determine value of stock.
Category: MBA Questions,   Published by: T-Code Scripts
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