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MCQs: Funds Flow Statement is prepared on the basis of data of P&L statement and two consecutive balance sheets.
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MCQs: Which of the following rules stands true while preparation of Schedule of changes in working capital?
A) An increase in current assets increases working capital.
B) An increase in current assets decreases working capital.
C) An increase in current liabilities decreases working capital.
D) An increase in current liabilities increases working capital.
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MCQs: For the calculation of cash flow from operating activities, payments and receipts shown in Profit & Loss account are converted into payments and receipts actually in cash by eliminating
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MCQs: While preparing Cash Flow Statement, non-cash items and non-operating items are not required to be adjusted under________
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MCQs: Cash flow from sales is calculated by
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MCQs: Under High and Low Point method, the output at two different levels is compared with the amount of __________ incurred at these two points.
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MCQs: Given Maximum value of production and minimum value of production is 10,000 and 5000 units respectively. Maximum total cost is Rs 25,000 and minimum total cost is Rs 15,000. Determine total fixed cost and per unit marginal cost.
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MCQs: Under method of least squares, a linear equation is developed in the form of ______ wherein Y is total cost, a = fixed cost, b = marginal cost and X is output.
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MCQs: Product X is manufactured By ABC company, The sales is Rs 50,000 Direct Materials is Rs 20,000, Direct Labour is Rs 10,000, Variable overheads is Rs 5,000 and Fixed overheads is Rs 10,000. ABC Company now intends to introduce a new product Y so that sales may be increased by Rs 10,000. There will be no rise in fixed costs and the estimated variable costs of Product Y are Labour Rs 2,200 Materials Rs 4,800 Overheads Rs 1,400. If the company introduces Product Y, what will be the impact?
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MCQs: In a competitive market, the price is determined by the
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MCQs: The alternative which shows ____ difference between the incremental revenue and the differential cost is the one considered to be the best choice for selection.
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MCQs: Breakeven point can be calculated in terms of units as well as in terms of amount.
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MCQs: Which of the following statements are true about Break-even analysis?
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MCQs: What will be amount of profit if Margin of safety is Rs 50,000 and P/V ratio is 25%?
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MCQs: Determine B.E.P if Sales is Rs 1,00,000, Variable cost is Rs 50,000 and Profit is Rs 20,000.
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MCQs: What will be the B.E.P if P/V ratio is 20% and Fixed cost is Rs 40,000.
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MCQs: A cost centre which relates to equipment or to location is known as
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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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