Top 550+ Solved Management Accounting MCQ Questions Answer

From 676 to 690 of 731

Q. Which technique used for figures of two or more periods are placed side by side to facilitate easy and meaningful comparisons?

a. Comparative Statements

b. Common size Statements

c. Trend

d. None

  • a. Comparative Statements

Q. What is treated as the base in common size P& L statement.

a. RFO

b. Other Incomes

c. Total Income

d. Profit before tax

  • a. RFO

Q. If Inventory turnover ratio=5 times,what is avg age if inventory?

a. 73 days

b. 80 days

c. 70 days

d. 69 days

  • a. 73 days

Q. Which are financing activities?I)Issue of shares II)Interest Paid III)Dividend paid IV)Redemption of debentures

a. All

b. Only I,II and IV

c. Only I and IV

d. Only I,III and IV

  • b. Only I,II and IV

Q. Which of the following is not the objective of budgetary control? I)Control II)Danger of rigidity III)Motivation IV)Based on estimates

a. Only II

b. Only II and IV

c. Only II,III and IV

d. All I,II,III and IV

  • b. Only II and IV

Q. AQ=2500Kg ,SP=Rs 2.5,SQ=2400Kg,AP=Rs 3 .Calculate Material Cost variance.

a. 1500 F

b. 1500 A

c. 950 F

d. 950 A

  • b. 1500 A

Q. BE point=40,000 ,Fixed Cost=15,000.Calculate P/V ratio.

a. 3.75%

b. 0.38%

c. 26.66%

d. 37.50%

  • d. 37.50%
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