Management Accounting Test Questions


Q.  Theory of contribution is the excess of sales over variable costs.

a. True
b. False


ANSWER: See Answer
 
No explanation is available for this question!
MCQs:  When actual output is different from standard output, determine
Category: MBA Questions,   Published by: teswesm
MCQs:  In case only actual data and standard data are given without any indication of output
Category: MBA Questions,   Published by: teswesm
MCQs:  Management auditor should be conversant with the nature of production activities in organization.
Category: MBA Questions,   Published by: teswesm
MCQs:  In cost centers manager have no revenue responsibilities.
Category: MBA Questions,   Published by: teswesm
MCQs:  On the basis of techniques of preparation, the managerial reports can be classified into
Category: MBA Questions,   Published by: teswesm
MCQs:  Management accountancy is a structure for
Category: MBA Questions,   Published by: teswesm
MCQs:  Which of the following statements are true? A) External analysis depends entirely on issued financial statements. B) Interpretation and analysis both are different. C) Financial analysis covers interpretation.
Category: MBA Questions,   Published by: teswesm
MCQs:  Which of the following are techniques, tools or methods of analysis and interpretation of financial statements?
Category: MBA Questions,   Published by: teswesm
MCQs:  A risk free security has zero variance.
Category: MBA Questions,   Published by: teswesm
MCQs:  Return on any financial asset consists of capital yield and current yield.
Category: MBA Questions,   Published by: teswesm
MCQs:  Which of the following is expenses ratio? A) Administrative expenses ratio B) Selling and Distribution expenses ratio C) Factory expenses ratio D) Finance Expenses ratio
Category: MBA Questions,   Published by: teswesm
MCQs:  Overall Profitability ratios are based on
Category: MBA Questions,   Published by: teswesm
MCQs:  Return on Proprietors funds is also known as:
Category: MBA Questions,   Published by: teswesm
MCQs:  Given Net profit for the year Rs 2,50,000 transferred to general reserves Rs 40,000 and old machinery bought for Rs 50,000 was sold for Rs 20,000. Calculate funds from operations.
Category: MBA Questions,   Published by: teswesm
MCQs:  Which of the following are sources of funds? A) Issue of bonus shares B) Issue of shares against the purchase of fixed assets C) Conversion of debentures into shares D) Conversion of loans into shares
Category: MBA Questions,   Published by: teswesm
MCQs:  In indirect method, net cash flow from operating activities is calculated on the basis of
Category: MBA Questions,   Published by: teswesm
MCQs:  Which of the following are added to net profit after tax and extraordinary items to reach to net profit before tax and extraordinary items? A) Provision for tax made during the year B) Proposed dividend made during the year C) Interim dividend D) Transfer to General reserves and other reserves
Category: MBA Questions,   Published by: teswesm
MCQs:  Which of the following are cash flow from investing activities? A) Interest received B) Dividend received C) Sale of fixed assets D) Purchase of fixed assets
Category: MBA Questions,   Published by: teswesm
MCQs:  When contribution is negative but less than fixed cost,
Category: MBA Questions,   Published by: teswesm
MCQs:  When contribution is positive but equal to fixed cost,
Category: MBA Questions,   Published by: teswesm