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MCQs: Differential cost is a part of routine accounting records.
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MCQs: What will be the B.E.P if Variable cost ratio is 70% and Fixed cost is Rs 36,000.
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MCQs: Calculate B.E.P if Fixed cost is Rs 1,50,000, Variable cost is Rs 2,00,000 and Profit is Rs 1,50,000.
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MCQs: Given Sales in first and second year is Rs 80,000 and Rs 90,000 respectively. Also, profit is Rs 10,000 and Rs 14,000 respectively. What is the break-even point in rupees?
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MCQs: Margin of safety is that sales which is above Break-even point.
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MCQs: Margin of safety can be increased by
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MCQs: The standard which can be attained under the most favorable conditions possible.
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MCQs: ________reflects a level of attainment based on high level efficiency which can be achieved.
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MCQs: ________ requires constant revision according to the real circumstances.
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MCQs: ________ is the first step of budgetary system and all other budgets depends on it.
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MCQs: _______ is designed after assessment of the volume of output to be produced during budget period.
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MCQs: While preparing direct materials budget, the price and quality of the raw materials are accounted.
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MCQs: Which of the following statements are true about cash budget?
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MCQs: A columnar statement is prepared in ________ in which first column shows items of payments and receipts, whereas the other columns represents the amount of payments and receipts in each time break-up of budget period.
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MCQs: At 50% capacity expenses are Rs 10,000, which increase by 10% between 60% and 80% level of activity and 20% thereafter. These are
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MCQs: If semi-variable cost at 60% level of production is Rs 40,000 and at 80% level is Rs 44,000. What will it be at 100% level of production?
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MCQs: When process loss is not given, what should be calculated?
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MCQs: When actual output is different from standard output, determine
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MCQs: In case only actual data and standard data are given without any indication of output
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MCQs: Management auditor should be conversant with the nature of production activities in organization.
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