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Management Accounting Quiz
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Management Accounting Quiz
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25 Questions

1. Which one of the following is not mandatory according to the laws?
2. Management accounting involves
3. Which ratio measures the number of times the receivables are rotated in a year in terms of sales?
4. Angle of incidence is ________.
5. Which of the following is/are the tool/s of financial statement analysis?
6. Selling price per unit Rs. 10; Variable cost Rs. 8 per unit; Fixed cost Rs. 20,000; Break-even production in units _______.
7. Which of the following is not a tool of management accounting?
8. For the calculation of trend percentage which year is considered 100 percent?
9. The statement which shows the movement of funds between two periods of the business is
10. Which one of the following is not management accounting tool?
11. In funds flow statement, purchase of fixed assets is _________.
12. Types of financial statements are ____.
13. Which one of the following is not a method to find working capital requirement?
14. In cash flow statement, sale of fixed assets is ________.
15. Which one of the following is correct?
16. Production cost under marginal costing includes _________.
17. If fixed costs decrease while the variable cost per unit remains constant, the new contribution margin in relation to the old contribution margin will be ______.
18. Profit on sale of fixed assets is __________.
19. In fund flow statement, redemption of preference capital is
20. 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
21. Retained earnings statement depicts __________.
22. The term fixed assets include
23. 1f` fixed costs decrease while variable cost per unit remains constant, the new B.E.P in relation to the old B.E.P will be _______.
24. Stock velocity ratio is known as ___________.
25. The conventional Break-even analysis does not assume that _______.

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