Top 550+ Solved Management Accounting MCQ Questions Answer

From 721 to 731 of 731

Q. Calculate Break Even Point in units if Fixed cost is 15,000,SP=15 and VC=12

a. 1000 units

b. 1250 units

c. 1500 units

d. 5000 units

  • d. 5000 units

Q. The cost that tends to remain constant irrespective of the level of activity is called_______.

a. Variable cost

b. Fixed cost

c. Total cost

d. All of the above

  • b. Fixed cost

Q. Cost Accounting restrict itself with _______ transactions.

a. Financial

b. Spot

c. Historical

d. Administrative

  • c. Historical

Q. Following is (are) the method(s) of measuring labour turnover.

a. Replacement Method

b. Separation Method

c. Flux Method

d. All of the above

  • d. All of the above

Q. Following is (are) the example(s) of semi-variable overheads.

a. Maintenance cost

b. Electricity

c. Health and Accident Insurance

d. All of the above

  • d. All of the above

Q. _________ indicates the financial status of the business at given period.

a. Balance sheet

b. Accounting ledger

c. General ledger

d. All of the above

  • a. Balance sheet

Q. In Cash budget, Non operating cash inflow include(s)

a. Receipt of loan/borrowings

b. Issue of shares

c. Sale of fixed assets

d. All of the above

  • d. All of the above

Q. Sales Budget is a forecast expressed in -

a. Quantity

b. Money

c. Both (a) and (b)

d. None of the above

  • c. Both (a) and (b)
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