Management Accounting Test Questions

Q.   _______ is designed after assessment of the volume of output to be produced during budget period.

a. Cost budget
b. Sales budget
c. Production budget
d. None of the above


ANSWER: See Answer
 
No explanation is available for this question!
MCQs:  Which of the following are sources of funds? A) Issue of bonus shares B) Issue of shares against the purchase of fixed assets C) Conversion of debentures into shares D) Conversion of loans into shares
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  In indirect method, net cash flow from operating activities is calculated on the basis of
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  Which of the following are added to net profit after tax and extraordinary items to reach to net profit before tax and extraordinary items? A) Provision for tax made during the year B) Proposed dividend made during the year C) Interim dividend D) Transfer to General reserves and other reserves
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  Which of the following are cash flow from investing activities? A) Interest received B) Dividend received C) Sale of fixed assets D) Purchase of fixed assets
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  When contribution is negative but less than fixed cost,
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  When contribution is positive but equal to fixed cost,
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  Opportunities to achieve further growth within current businesses are:
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  If desired profit is decided, then normal price should be
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  In a purely competitive market, 10,000 mobiles can be manufactured and sold for a certain profit. Profit targeted is Rs 2,00,000. The variable cost per mobile is Rs 100 and the total fixed costs are Rs 40,000. Find out unit selling price.
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  If there is no change in fixed cost at different levels of output,
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  Determine Margin of safety if Profit is Rs 15,000 and P/V ratio is 40%.
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  What is Margin of Safety if Sales is 20,000 units and B.E.P is 15,000 units.
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  Calculate margin of safety if sales is Rs 3,00,000 and B.E.P is Rs 4,50,000.
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  Determine sales in rupees for desired profit if fixed cost is Rs 10,000, Variable cost is Rs 30,000, Sales is Rs 50,000 and desired profit is Rs 5,000.
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  What will be sales in rupees for desired profit if fixed cost is Rs 30,000, desired profit is Rs 15,000 and P/V ratio is 30%?
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  Which of the following statements are true about basic standards?
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  Basic standard is established for
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  __________ is based on past averages adjusted to anticipated future changes.
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  Plant utilization budget and Manufacturing overhead budgets are types of
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  _______ provides an estimate of the capital amount that may be required for buying fixed assets needed for meeting production requirements.
Category: MBA Questions,   Published by: T-Code Scripts