MCQs: The principle of exception with respect to reporting suggests that
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MCQs: Which of the following is true about management accounting?
A) Management accounting is associated with presentation of accounting data.
B) Management accounting is extremely sensitive to investors needs.
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MCQs: John N. Myer stated that vertical and horizontal analysis forms the back-bone of financial statement analysis technique.
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MCQs: Ratio analysis is an important approach of horizontal analysis.
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MCQs: Risk of two securities with different expected return can be compared with:
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MCQs: A portfolio having two risky securities can be turned risk less if
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MCQs: While calculating Gross Profit, if net profit is given,
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MCQs: Gross profit ratio is calculated by
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MCQs: Given Sales is 1,20,000 and Gross Profit is 30,000, the gross profit ratio is
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MCQs: Bond, debentures and term loans fall under:
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MCQs: Funds flow statements are prepared so as to
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MCQs: _____ has/have accepted cash flow statement is more useful than funds flow statement, particularly from view of analysis of liquidity of a firm.
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MCQs: Cash Flow Statement is prepared from
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MCQs: Which of the following are cash flow from operating activities?
A) Cash Receipts from customers
B) Cash Paid to Supplier and Employees
C) Purchase of fixed assets
D) Sale of fixed assets
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MCQs: Marginal cost is computed as
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MCQs: Marginal costing is also known as
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MCQs: Which of the following statements are true about marginal costing?
A) Marginal costing is not an independent system of costing.
B) In marginal costing all elements of cost are divided into fixed and variable components.
C) In marginal costing fixed costs are treated as product cost.
D) Marginal costing is not a technique of cost analysis.
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MCQs: While making key factor decision, if raw material is key factor then such product should be preferred in which offer:
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MCQs: Change in product mix decision should be merely based on contribution.
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MCQs: If direct labor is not affected by the change in the type of material, it will form a part of differential cost.
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