|
MCQs: Which of the following are assumptions for break-even analysis?
A) Elements of cost cannot be divided in different groups.
B) Fixed cost remains certain from zero production to full capacity.
C) Behavior of different costs is linear.
D) Selling per price unit remains constant.
Category: MBA Questions, Published by: T-Code Scripts
|
|
MCQs: While measuring break-even analysis, it is considered that during a specific period there will be no change in general price level, i.e., labor, cost of material and other overheads.
Category: MBA Questions, Published by: T-Code Scripts
|
|
MCQs: Which of the following are limitations of break-even analysis?
Category: MBA Questions, Published by: T-Code Scripts
|
|
MCQs: ___________ can be defined as a system which intends to control the cost of each unit through prior determination of what should be the cost and then its comparison with actual cost.
Category: MBA Questions, Published by: T-Code Scripts
|
|
MCQs: Standard costing is the preparation of standard costs and their comparison with _______ and the analysis of ________.
Category: MBA Questions, Published by: T-Code Scripts
|
|
MCQs: For the application of standard costing, it is necessary to meet which of following conditions?
A) A sufficient volume of standard components or products should be manufactured
B) Methods and procedures cannot be controlled
C) A sufficient number of costs should be able to be controlled
Category: MBA Questions, Published by: T-Code Scripts
|
|
MCQs: Which of the following statements are true?
Category: MBA Questions, Published by: T-Code Scripts
|
|
MCQs: The process of budgeting includes
Category: MBA Questions, Published by: T-Code Scripts
|
|
MCQs: Which of the following statements are true for forcast and budget?
Category: MBA Questions, Published by: T-Code Scripts
|
|
MCQs: As per S.C Kuchhal, Cash budget is a schedule to record ________ over a period with a view to locating the timing and magnitude of cash surplus and shortage.
Category: MBA Questions, Published by: T-Code Scripts
|
|
MCQs: Cash budget helps in the formulation of suitable dividend policy.
Category: MBA Questions, Published by: T-Code Scripts
|
|
MCQs: ___________ is based on assumption that the firm will carry out its activity only at a specific level and the targets of production determined in budget will be achieved.
Category: MBA Questions, Published by: T-Code Scripts
|
|
MCQs: Fixed budget is of much help in the fixation of selling price or calculation of tender price.
Category: MBA Questions, Published by: T-Code Scripts
|
|
MCQs: The sum of actual cost and the standard cost is known as variance analysis.
Category: MBA Questions, Published by: T-Code Scripts
|
|
MCQs: Which of the following are included in variance analysis?
Category: MBA Questions, Published by: T-Code Scripts
|
|
MCQs: General variances are applicable with
Category: MBA Questions, Published by: T-Code Scripts
|
|
MCQs: As per Leslie R. Howard, Management audit is an investigation of a business from the __________ in order to ascertain whether sound management prevails throughout.
Category: MBA Questions, Published by: T-Code Scripts
|
|
MCQs: As per R.M. Bhandari, __________ is a system under which costs are accumulated and reported at each level of responsibility so that the accounting and cost data may be used by the management at each level in controlling the operations and their costs.
Category: MBA Questions, Published by: T-Code Scripts
|
|
MCQs: Management reporting can be performed as
Category: MBA Questions, Published by: T-Code Scripts
|
|
MCQs: Management accounting is
A) Subjective
B) Objective
Category: MBA Questions, Published by: T-Code Scripts
|
