Top 550+ Solved Management Accounting MCQ Questions Answer

a. indefinite period

b. definite period

c. period of one year

d. six months

a. all business activities

b. production activities

c. purchase activities

d. sales activities

a. management

b. share holders

c. creditors

d. employees

a. production department

b. finance department

c. marketing department

d. all

a. marginal costing

b. ratio analysis

c. standard costing

d. subjective matter

a. obtaining bank credit

b. issue of shares

c. getting grants from government

d. all of these

a. undercapitalization

b. overcapitalization

c. both

d. subjective matter

a. bonus shares

b. rights shares

c. remuneration plans

d. none

a. changes in government policies

b. inflationary conditions

c. both

d. none

a. shareholders

b. management

c. creditors

d. all the functional areas of management

a. an advantage of budgetary control

b. a step in budgetary control

c. a limitation of budgetary control

d. none

a. unnecessary

b. can’t determine

c. necessary

d. inadequate data

a. affects its reliability

b. increase the accuracy

c. both

d. subjective matter

a. money

b. quantity

c. both

d. none

a. period of budget committee

b. period of budget centres

c. period for which a budget is prepared

d. period of budget officer