|
MCQs: Which of the following statements are true about Standard Costing?
A) It controls certain elements of cost affecting production and sales.
B) It creates cost consciousness among workers.
C) It plays no role in forecast of production cost, profit and sales.
D) It follows principle of management by exception at operational level.
Category: MBA Questions, Published by: teswesm
|
|
MCQs: As per J. Batty, Standard Cost represents ______under given conditions.
Category: MBA Questions, Published by: teswesm
|
|
MCQs: In forecast, there is a promise or commitment to achieve estimates.
Category: MBA Questions, Published by: teswesm
|
|
MCQs: Which of the following are not the objectives of Budgeting?
A) To express the objectives of the firms in qualitative terms.
B) To prepare base for evaluation of work performance.
C) To co-ordinate organizational and managerial units of the firm.
D) To develop a strong appraisal of objectives and policies of firm.
Category: MBA Questions, Published by: teswesm
|
|
MCQs: The process of budgeting does not establish a system of decentralization of authority.
Category: MBA Questions, Published by: teswesm
|
|
MCQs: Cash budget is more helpful in those business concerns where there are
Category: MBA Questions, Published by: teswesm
|
|
MCQs: While preparing a cash budget the focus should be on
Category: MBA Questions, Published by: teswesm
|
|
MCQs: Flexible budget is that budget which presents __________ at various levels of business activity.
Category: MBA Questions, Published by: teswesm
|
|
MCQs: Flexible budget is also known as
Category: MBA Questions, Published by: teswesm
|
|
MCQs: When the actual cost is less than the standard cost, the difference is termed as
Category: MBA Questions, Published by: teswesm
|
|
MCQs: The controllable variances are related with the
Category: MBA Questions, Published by: teswesm
|
|
MCQs: The events like government policies, price rise etc have an impact on controllable variances.
Category: MBA Questions, Published by: teswesm
|
|
MCQs: Management audit is useful for
Category: MBA Questions, Published by: teswesm
|
|
MCQs: Responsibility Accounting is also known as
Category: MBA Questions, Published by: teswesm
|
|
MCQs: Internal reporting provides financial statement and annual accounts.
Category: MBA Questions, Published by: teswesm
|
|
MCQs: The use of management accounting is
Category: MBA Questions, Published by: teswesm
|
|
MCQs: Which of the following statements are true?
A) Vertical Analysis is also termed as dynamic analysis.
B) Horizontal analysis is also termed as dynamic analysis.
C) Static Analysis is not extremely useful for the long-term financial planning.
Category: MBA Questions, Published by: teswesm
|
|
MCQs: Which of the following statements are true?
A) Funds Flow statement is one of the ways to analyse & interpret financial statements.
B) Cash Flow Statement is one of the ways to analyse & interprets financial statements.
C) Common-size statement is one of the ways to analyse & interpret financial statements.
Category: MBA Questions, Published by: teswesm
|
|
MCQs: Mr. X takes a loan of Rs 50,000 from HDFC Bank. The rate of interest is 10% per annum. The first installment will be paid at the end of year 5. Determine the amount of equal annual installments if Mr. X wishes to repay the amount in five installments.
Category: MBA Questions, Published by: teswesm
|
|
MCQs: If nominal rate of return is 10% per annum and annual effective rate of interest is 10.25% per annum, determine the frequency of compounding:
Category: MBA Questions, Published by: teswesm
|
