Top 550+ Solved Management Accounting MCQ Questions Answer
Q. Net decrease in working capital results in --------------------of funds
a. Source
b. Application
c. No change
d. None of these
Q. -------------------means transfer of economic value of firm from one asset or equity to another.
a. Flow of funds
b. Uses of fund
c. Inflow of funds
d. Application of funds
Q. In the fund flow statement, depreciation is----------------
a. Deducted from net profit
b. Added to net profit
c. Sources of working capital
d. Ignored
Q. Which of the following will affect the flow of fund
a. a transaction affecting current and non-current accounts
b. a transaction affecting both non-current accounts
c. a transaction affecting both current accounts
d. both a) and b)
Q. Which of the following is an application of fund
a. Sale of plant
b. Issue of shares
c. Purchase of funds
d. Payment of creditors
Q. Current assets are Rs.6,00,000 current liabilities are Rs.3,00,000 the debtors realized Rs.40,000, the impact on net working capital would be-------------------------
a. No change in working capital
b. Decrease of working capital by Rs.80,000
c. Increase of working capital by Rs.40,000
d. None of these
Q. Gross profit are Rs.50,000 and expenses not result in the application of funds are Rs.10000 funds from operation will be
a. Rs.60000
b. Rs.50000
c. Rs. 40000
d. Rs. 30000
Q. Which of the following is a non-current liability
a. Mortgage loan
b. Bank balance
c. Outstanding salary
d. None of these
Q. Current liabilities are equals to-------------------------------
a. Working capital +current assets
b. Working capital-current assets
c. Current assets-working capital
d. Current asset + working capital
Q. Inflow of fund does not take place due to----------------
a. Funds from operation
b. Increase in capital
c. Increase in working capital
d. Sale of fixed asset
Q. Increase in working capital is-----------------------
a. Source of fund
b. Application of fund
c. Funds from operation
d. Loss from operation
Q. Salaries Rs.20000,depreciation for the period is Rs.30000 other operating expenses are Rs.9000, net loss for the period is Rs.5000 fund generated from operation is------------------
a. Rs.25000
b. Rs.15000
c. Rs.35000
d. Rs.14000
Q. Stock at the end results in-----------------------
a. Application of fund
b. Source of fund
c. Inflow of fund
d. None of these