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MCQs: In a competitive market, the price is determined by the
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MCQs: The alternative which shows ____ difference between the incremental revenue and the differential cost is the one considered to be the best choice for selection.
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MCQs: Breakeven point can be calculated in terms of units as well as in terms of amount.
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MCQs: Which of the following statements are true about Break-even analysis?
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MCQs: What will be amount of profit if Margin of safety is Rs 50,000 and P/V ratio is 25%?
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MCQs: Determine B.E.P if Sales is Rs 1,00,000, Variable cost is Rs 50,000 and Profit is Rs 20,000.
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MCQs: What will be the B.E.P if P/V ratio is 20% and Fixed cost is Rs 40,000.
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MCQs: A cost centre which relates to equipment or to location is known as
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MCQs: There are ______ types of standard used in the process of establishment of standard costing system.
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MCQs: _________reflects a level of attainment depending on the maximum possible efficiency which may never be achieved.
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MCQs: _________ is stated as a budget which is made to change as per the levels of activity attained.
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MCQs: __________ contains the picture of total plans during the budget period and it comprises information relating to sales, profit, cost, production etc.
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MCQs: _______also known as subsidiary budgets.
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MCQs: In a month, payment for salary was Rs. 5,750 when the lag in payment of salary is 1/8 month. If total salaries of current month are Rs 6,000, determine the salaries of previous month.
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MCQs: Cash budget is a __________ budget.
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MCQs: Semi-variable expenses increases with the increase in the level of activity,
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MCQs: Semi-variable cost will not be zero, even if production is nil.
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MCQs: Material sub usage variance is calculated when
A) When quantity of wastage is not given
B) When quality of output is not given
C) When price of wastage is not given
D) When total cost of output is not given
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MCQs: Material sub-usage variance is also known as
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MCQs: Material sub usage variance is measured by using the formula
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