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MCQs: While calculating Gross Profit, if net profit is given,
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MCQs: Gross profit ratio is calculated by
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MCQs: Given Sales is 1,20,000 and Gross Profit is 30,000, the gross profit ratio is
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MCQs: Bond, debentures and term loans fall under:
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MCQs: Funds flow statements are prepared so as to
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MCQs: _____ has/have accepted cash flow statement is more useful than funds flow statement, particularly from view of analysis of liquidity of a firm.
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MCQs: Cash Flow Statement is prepared from
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MCQs: Which of the following are cash flow from operating activities?
A) Cash Receipts from customers
B) Cash Paid to Supplier and Employees
C) Purchase of fixed assets
D) Sale of fixed assets
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MCQs: Marginal cost is computed as
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MCQs: Marginal costing is also known as
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MCQs: Which of the following statements are true about marginal costing?
A) Marginal costing is not an independent system of costing.
B) In marginal costing all elements of cost are divided into fixed and variable components.
C) In marginal costing fixed costs are treated as product cost.
D) Marginal costing is not a technique of cost analysis.
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MCQs: While making key factor decision, if raw material is key factor then such product should be preferred in which offer:
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MCQs: Change in product mix decision should be merely based on contribution.
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MCQs: If direct labor is not affected by the change in the type of material, it will form a part of differential cost.
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MCQs: P/V ratio can be calculated on the basis of variable cost ratio as
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MCQs: Determine P/V ratio if Sales is Rs 80,000 and Variable cost is Rs 60,000.
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MCQs: Determine P/V ratio if Sales is Rs 1,00,000, Fixed cost is Rs 30,000 and Profit is Rs 20,000.
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MCQs: Determine P/V ratio if Sales per unit is Rs 10 and Variable cost per unit is Rs 7.
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MCQs: Compute P/V ratio if variable cost ratio is 60%.
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MCQs: In budgetary control_____ is used whereas in standard costing _________ is used.
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