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Management Accounting Review
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Avg score: 18% Most missed: “Current liabilities are equals to-------------------------------”
Management Accounting Review
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25 Questions

1. Return on investment is a----------------
2. Financial Statements provide a summary of --------------------------
3. In a sound business, acid test ratio ------------------- is considered satisfactory
4. In trend percentage the base year is ----------------------------
5. Salary outstanding is----- of funds
6. The ratio that highlight the end result of business activities are known as ---------------- ratios
7. The ratio which is used to ascertain the soundness of the long term financial position is------------
8. Debt service ratio is also known as --------------
9. Ratios of different items for various periods are calculated and compared
10. Debt equity ratio is a--------------------------------------
11. The ratio which indicates how quickly debtors are converted into cash is---------
12. Increase in current assets-------------working capital
13. Provision for tax is shown as a part of-----------activity
14. Depreciation is a source of fund-------------------
15. Expressed as a percentage of each asset to total
16. Sale of patent is classified under---------
17. Cash flows include
18. Which of the following will affect the flow of fund
19. The budget that summarize future plans for acquisition of plant facilities and equipment is the
20. The process of deriving conclusions from the analysis is commonly termed as ----------------
21. Which of the following is a budget designed to furnish budgeted costs for any level of activity attained
22. Net capital employed is equal to ---------------
23. ---------------- establishes the relationship of different individual items which same common items
24. Which of the following is an application of fund
25. Common size Income Statement present the various items as a percentage of ----------------