Management Accounting Test Questions

Q.  Which of the following statement is true about Funds Flow Statement?

A) It highlights change in funds of a firm at different point
B) It highlights change in funds of different firms at a single point
C) It highlights change in funds of different firms at different point
D) It doesn’t highlights change in funds


a. Only A
b. Only B
c. Only D
d. A, B, C, D


ANSWER: See Answer
 
No explanation is available for this question!
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
MCQs:  The assessment of financial statements by a shareholder is an example of
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  Trend percentages and trend ratios are used in
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  If the nominal rate of interest is 10% per annum and there is quarterly compounding, the effective rate of interest will be:
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  Relationship between annual nominal rate of interest and annual effective rate of interest, if frequency of compounding is greater than one:
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  Liquidity ratios are expressed in
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  Which of the following statements are true about Ratio Analysis? A) Ratio analysis is useful in financial analysis. B) Ratio analysis is helpful in communication and coordination. C) Ratio Analysis is not helpful in identifying weak spots of the business. D) Ratio Analysis is helpful in financial planning and forecasting.
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  The ratio analysis is helpful to management in taking several decisions, but as a mechanical substitute for judgment and thinking, it is worse than useless.
Category: MBA Questions,   Published by: T-Code Scripts
MCQs:  Which of the following are examples of Funds Flow Statement? A) Collection of debtors B) Shares issued for cash C) Shares issued against the purchase of machinery D) Shares issued for property
Category: MBA Questions,   Published by: T-Code Scripts