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MCQs: As per Accounting Standard-3, Cash Flow is classified into
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MCQs: Cash Flow Statement is also known as
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MCQs: The objectives of Cash Flow Statement are
A) Analysis of cash position
B) Short-term cash planning
C) Evaluation of liquidity
D) Comparison of operating Performance
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MCQs: Which of the following is a conventional method of ascertaining cost?
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MCQs: Under absorption costing, profit is ascertained
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MCQs: All costs are classified under ______ segments under absorption costing.
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MCQs: In make or buy decision, marginal costs as well as additional fixed costs are the factors to be considered.
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MCQs: If the marginal cost is _________ buying price, additional requirement of the component should be met by making rather than buying.
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MCQs: __________ refers to changes in total costs that occur due to changes in volume of production or sales, product system, product mix or from the adoption of an alternative course of action.
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MCQs: The Break-even Point of a company is that level of sales income which will equal the sum of its fixed cost.
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MCQs: Which of the following are characteristics of B.E.P?
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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.
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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.
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MCQs: Which of the following are limitations of break-even analysis?
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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
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MCQs: Standard costing is the preparation of standard costs and their comparison with _______ and the analysis of ________.
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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
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MCQs: Which of the following statements are true?
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MCQs: The process of budgeting includes
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MCQs: Which of the following statements are true for forcast and budget?
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