Top 80+ Solved Advanced Management Accounting MCQ Questions Answer
Q. How performance appraisal can contribute to a firm's competitive advantage?
a. Ensures legal compliances
b. Minimizing job dissatisfaction and turnover
c. Improves performance
d. All of the above
Q. From the strategic point of view, in which three categories can an organisation, be grouped?
a. Defenders
b. Prospectors
c. Analyzers
d. All of the above
Q. Successful defenders use performance appraisal for identifying ____________.
a. Staffing needs
b. Job behaviour
c. Training needs
d. None of the above
Q. Analyzers tend to emphasis both ______ and _______ and employee extensive trainingprogrammes.
a. Skill building and skill acquisition
b. Current performance and past performance
c. Strategy a
d. behaviour
Q. What do successful analyzers tend to examine?
a. Division and corporate performance evaluation
b. Ideal appraisal process
c. Current performance with past performance
d. None of the above
Q. which of the following cannot be a reason of unfavorable direct materials price variance?
a. Sudden rise in price of materials
b. Quality of materials purchased
c. Appointment of inexperienc
d. workers D Inefficient standard setting
Q. Which of the following is not likely to be a reason of unfavorable direct labor efficiencyvariance?
a. Increase in direct materials prices
b. Lack of proper supervision
c. Frequent break downs during production process
d. Use of old, outdated or faulty equipment
Q. Labour Efficiency Standards are decided by considering following factor(s)
a. Records of past performance
b. Time & Motion Study
c. Trial Runs
d. All of the above
Q. A good _____ system will not punish the workers for the matters beyond the control of theworkers.
a. Wage payment
b. Appraisal
c. Promotion
d. none of the above
Q. ________ do not give the returns during the same period during which they are paid for
a. Intangible assets
b. Fixed assets
c. Both (A) a
d. (B) (D) None of the above
Q. --------------- Following is (are) called the element(s) of Cost
a. Material
b. Labour
c. Expenses
d. All of the above
Q. The cause(s) of idle time can be analysed as
a. Administrative causes
b. Productive causes
c. Economic causes
d. All of the above
Q. __________ Accounting becomes a source of information for Management Accounting.
a. Financial
b. Cost
c. Both (A) a
d. (B) (D) None of the above
Q. Which of the following cannot be a reason of unfavorable direct materials quantityvariance?
a. Unmotivated workers
b. Lack of supervision
c. Frequent power failures
d. Uneconomical order size