Management Accounting Test Questions

Q.  The alternative which shows ____ difference between the incremental revenue and the differential cost is the one considered to be the best choice for selection.

a. Maximum
b. Minimum
c. No
d. None of the above


ANSWER: See Answer
 
No explanation is available for this question!
MCQs:  On the basis of information contained in the reports, the managerial reporting can be divided into
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MCQs:  Management accounting is related with A) The problem of choice making B) Recording of transactions C) Cause and effect relationships
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MCQs:  Analysis of any financial Statement comprises
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MCQs:  Which of the following statements are true? A) Common-size balance sheet shows relative value of the various items. B) In the common size income statement, each product is represented as a percentage of the net sales figure. C) Common size income statements represent the various elements as a percentage of the gross profit.
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MCQs:  The point of tangency between risk return indifferences curves and efficient frontier highlights:
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MCQs:  A portfolio comprises two securities and the expected return on them is 12% and 16% respectively. Determine return of portfolio if first security constitutes 40% of total portfolio.
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MCQs:  Net operating profit ratio determines ___________ while net profit ratio determines
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MCQs:  Operating ratio is calculated by
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MCQs:  Determine Operating ratio, if operating expenses is Rs 60,000, Sales is Rs 9,40,000, Sales Return is Rs 40,000 and Cost of net goods sold is Rs 6,60,000.
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MCQs:  If reserve for bad and doubtful debts is mentioned in the question of Funds Flow Statement Preparation, it can be shown as
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MCQs:  Funds Flow Statement is also known as
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MCQs:  Cash outflow on purchases is calculated by
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MCQs:  The amount of operating expenses which are actually been paid in cash are shown under:
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MCQs:  Given salary expenses Rs 40,000, Outstanding in the beginning of the year: Rs 5,000 and outstanding at the end of the year Rs 10,000. Cash outflow on salary will be:
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MCQs:  In Analytical method of calculating marginal costing, it is determined on the basis of past records.
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MCQs:  Theory of contribution is the excess of sales over variable costs.
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MCQs:  Which of the following statements related to Contribution Analysis are true?
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MCQs:  Marginal costing is helpful in
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MCQs:  The various aspects of a price policy are A) Normal price B) Minimum price C) Depression price D) Special price including dumping
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MCQs:  Differential cost is a part of routine accounting records.
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