Top 80+ Solved Advanced Management Accounting MCQ Questions Answer
Q. According to responsibility accounting, the entire organization is divided into various…
a. Business centre
b. Profit centre
c. Responsibility centre
d. none of these
Q. If the responsibility centre gets more revenue from output, then it is called…
a. Investment centre
b. Cost centre
c. Profit centre
d. Expense centre
Q. Internal transfer of process at profit _________ of the company
a. Will not increase the asset
b. Will increase the asset
c. Can’t say
d. Inadequate information
Q. The determination of actual value of assets employed in a responsibility centre is…
a. Easy
b. Can’t determine
c. Difficult
d. Not necessary
Q. Flexible manufacturing systems (FMS) are reported to have a number of benefits. Which isNOT a reported benefit of FMS?
a. Lead time and throughput time reduction
b. Increased quality
c. More flexible than the manufacturing systems they replace
d. Increased utilisation
Q. The use of Internet-based technology, either to support existing business processes or tocreate entirely new business opportunities, has become known as what?
a. E-globalization
b. E-business
c. E-value creation
d. E-process management
Q. Which one of the following is not one of the Balanced Scorecard’s four generic perspectives?
a. Marketing and advertising
b. internal business processes
c. Innovation a
d. learning D) financial
Q. Which one of the following statements is true?
a. Balanced Scorecards are a feedback mechanism
b. Balanced Scorecards always have four perspectives
c. Balanc
d. Scorecards can be used in Not-for-Profit organisations