Management Accounting Test Questions
Management Accounting Test Questions, this topic has 561 mcqs, It takes five to ten minutes to complete this free Management Accounting Test Questions test. You will see 4 or 5 option of each question. You must choose / think only one option and then press on answer key for check right answer. Practice "Management Accounting Test Questions" MCQs and share with your friends, brothers, sisters.
Management Accounting Test Questions (Total Quiz: 561)
MCQ: The second term for Horizontal Analysis is
- Dynamic Analysis
- Inter-firm Analysis
- Time-series Analysis
- All of the above
D
MCQ: Vertical analysis is also known as
- Static analysis
- Structural analysis
- Cross-sectional analysis
- All of the above
D
MCQ: Time value of money indicates that
- A unit of money obtained today is worth more than a unit of money obtained in future
- A unit of money obtained today is worth less than a unit of money obtained in future
- There is no difference in the value of money obtained today and tomorrow
- None of the above
A
MCQ: Time value of money supports the comparison of cash flows recorded at different time period by
- Discounting all cash flows to a common point of time
- Compounding all cash flows to a common point of time
- Using either a or b
- None of the above
C
MCQ: When the concept of ratio is defined in respect to the items shown in the financial statements, it is termed as
- Accounting ratio
- Financial ratio
- Costing ratio
- None of the above
A
MCQ: The definition, “The term accounting ratio is used to describe significant relationship which exist between figures shown in a balance sheet, in a profit and loss account, in a budgetary control system or in a any part of the accounting organization” is given by
- Biramn and Dribin
- Lord Keynes
- J. Betty
- None of the above
C
MCQ: The relationship between two financial variables can be expressed in:
- Pure ratio
- Percentage
- Rate or time
- Either of the above
D
MCQ: Which of the following statement is true about Funds Flow Statement?
A) It highlights change in funds of a firm at different point
B) It highlights change in funds of different firms at a single point
C) It highlights change in funds of different firms at different point
D) It doesn’t highlights change in funds
- Only A
- Only B
- Only D
- A, B, C, D
D
MCQ: In the context of Funds Flow Analysis, the word “funds” is used to define
- Net Working capital
- Total current assets-Total current liabilities
- Both a and b
- None of the above
C