Top 550+ Solved Management Accounting MCQ Questions Answer
Q. According to ________ working capital refers to the difference between current assets andcurrent liabilities.
a. equal concept
b. accounting concept
c. net concept
d. gross concept
Q. The funds required for running an organisation are generally called as ____________.
a. overdraft
b. cash credit
c. working capital
d. operating profit
Q. The __________ is required to ensure circulation of operating cycle.
a. regular working capital
b. fixed working capital
c. reserve working capital
d. variable working capital
Q. ________ is the excess amount over the requirement for regular working capital.
a. variable working capital
b. fixed working capital
c. reserve working capital
d. regular working capital
Q. The working capital required to meet the seasonal need of the business is called _______.
a. fixed working capital
b. variable working capital
c. special working capital
d. seasonal working capital
Q. ___________ is required to meet special exigencies such as launching of extensive marketingcampaigns for conducting research.
a. seasonal working capital
b. special working capital
c. reserve working capital
d. regular working capital
Q. The statement of changes in financial position prepared to determine only the sources anduses of working capital between two dates of balance sheet is known as __________.
a. cash flow statement
b. memorandum balance sheet
c. fund flow statement
d. profit and loss account
Q. What are the aspects of working capital management?
a. inventory management
b. receivable management
c. cash management
d. all of the above
Q. _________ function includes a firm’s attempts to balance cash inflows and outflows.
a. finance
b. liquidity
c. investment
d. dividend
Q. Firms which are capital intensive rely on _________.
a. equity
b. short term debt
c. debt
d. retained earnings
Q. Hirer is entitled to claim ___________.
a. depreciation
b. salvage value
c. hp payments
d. none of above
Q. Which of the following is not an advantages of trade credit?
a. easy availability
b. flexibility
c. informality
d. buyout financing
Q. Which of the following are theories for dividend relevance?
a. walter’s model
b. mm approach
c. game theory
d. market value theory
Q. What is not a form of dividend?
a. cash dividends
b. bonus shares(stock dividend)
c. share split
d. split reverse
Q. The percentage of earnings paid as dividends is called __________.
a. dividend policy
b. payout ration
c. cash dividends
d. reverse split