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Management Accounting Test
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Management Accounting Test
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25 Questions

1. Angle of incidence is ________.
2. In fund flow statement, issue of shares is ________.
3. If working capital is Rs. 1,00,000 and current ratio is 2:1, then the amount of current asset is _________.
4. In working capital calculation, when cost of goods sold is Rs. 1,50 ,000 p.a and finished goods are in stock for 15 days, the amounts to be invested in finished goods is
5. A cash flow statement is a statement which portrays the changes in the cash position between _______.
6. Selling price per unit Rs. 10; Variable cost Rs. 8 per unit; Fixed cost Rs. 20,000; Break-even production in units _______.
7. An ideal debt equity ratio is________.
8. Sales Rs. 50,000; Variable cost Rs. 30,000; Net profit Rs. 6,000; fixed cost is__________.
9. Which one of the following is not a tool of financial analysis?
10. For the calculation of trend percentage which year is considered 100 percent?
11. An increase in selling price ________.
12. Fixed cost Rs. 80,000; Variable cost Rs. 2 per unit; Selling price_Rs. 10 per unit; Turnover required for a profit target of Rs. 60,000 will be _______.
13. Principle for preparation of working capital statement -Increase in current liability ___________.
14. One of the primary differences between marginal costing and absorption costing regarding the treatment of __________.
15. Increase in current assets is _______.
16. Management accounting provides services to management in performing
17. Which one is the main reason for the introduction of management accounting?
18. Net capital employed is equal to_________.
19. Financial statements are classified into _____ statements.
20. Margin of Safety is the difference between _______.
21. Types of financial statements are ____.
22. Comparative statement analysis is
23. The conventional Break-even analysis does not assume that _______.
24. Production cost under marginal costing includes _________.
25. In funds flow statement, purchase of fixed assets is _________.