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» Management Accounting solved MCQs

The prime function of accounting is to:

Question:

The prime function of accounting is to:

A.

record economic data

B.

provide the informational basis for action

C.

classify and record business transactions

D.

attain non-economic goals.

Answer» b. provide the informational basis for action

Note: The above multiple-choice question is for all general and Competitive Exams in India

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» Management Accounting solved MCQs

__do not give the returns during the same period during which they are paid for

Question:

__do not give the returns during the same period during which they are paid for

A.

Intangible assets

B.

Fixed assets

C.

Both (A) and (B)

D.

None of the above

Answer» b. Fixed assets

Note: The above multiple-choice question is for all general and Competitive Exams in India

__do not give the returns during the same period during which they are paid for Read More »

» Management Accounting solved MCQs

Management accounting provides invaluable services to management in performing:

Question:

Management accounting provides invaluable services to management in performing:

A.

All management functions

B.

Coordination functions

C.

Controlling functions

D.

Directing function

Answer» a. All management functions

Note: The above multiple-choice question is for all general and Competitive Exams in India

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» Management Accounting solved MCQs

The definition ‘Management Accounting is the presentation of accounting information in such a way as to assist management in the creation of policy and the day-to-day operation of an undertaking.’

Question:

The definition ‘Management Accounting is the presentation of accounting information in such a way as to assist management in the creation of policy and the day-to-day operation of an undertaking.’

A.

Anglo-American Council on Productivity

B.

AICPA

C.

Robert N. Anthony

D.

All of the above

Answer» a. Anglo-American Council on Productivity

Note: The above multiple-choice question is for all general and Competitive Exams in India

The definition ‘Management Accounting is the presentation of accounting information in such a way as to assist management in the creation of policy and the day-to-day operation of an undertaking.’ Read More »

» Management Accounting solved MCQs

Management accounting is related with(i) The problem of choice making(ii) Recording of transactions(iii) Cause and effect relationships

Question:

Management accounting is related with
(i) The problem of choice making
(ii) Recording of transactions
(iii) Cause and effect relationships

A.

(i) and (ii)

B.

(ii) and (iii)

C.

(i) and (iii)

D.

All are false

Answer» c. (i) and (iii)

Note: The above multiple-choice question is for all general and Competitive Exams in India

Management accounting is related with(i) The problem of choice making(ii) Recording of transactions(iii) Cause and effect relationships Read More »

» Management Accounting solved MCQs

Which of the following are tools of management accounting?(i) Decision accounting(ii) Standard costing(iii) Budgetary control(iv) Human Resources Accounting

Question:

Which of the following are tools of management accounting?
(i) Decision accounting
(ii) Standard costing
(iii) Budgetary control
(iv) Human Resources Accounting

A.

(i), (ii) and (iii)

B.

(i), (iii) and (iv)

C.

(i),(ii) and (iii)

D.

(i), (ii), (iii), (iv)

Answer» c. (i),(ii) and (iii)

Note: The above multiple-choice question is for all general and Competitive Exams in India

Which of the following are tools of management accounting?(i) Decision accounting(ii) Standard costing(iii) Budgetary control(iv) Human Resources Accounting Read More »

» Management Accounting solved MCQs

Cost accounting mainly helps the management in:

Question:

Cost accounting mainly helps the management in:

A.

Earning extra profits

B.

Providing information to the management for decision-making.

C.

Fixing process of the products.

D.

Selling products

Answer» b. Providing information to the management for decision-making.

Note: The above multiple-choice question is for all general and Competitive Exams in India

Cost accounting mainly helps the management in: Read More »

» Management Accounting solved MCQs