Managerial accounting multiple choice questions and answers pdf
Questions and Answers - Journal - Ledger - CA CPT - CS & CMA Foundation - Class 11
Management Accounting MCQ Questions and Solutions with Explanations | Management
The test grade will not change regardless if he goes to the concert. XXX Accounts Payable B only be variable costs. Material consumed is Rs.They are treated the sa me as sunk costs since they relate to costs that ca nnot be changed? C III only. MCQ : Point at which the control functions and the planning of management come together is known as functioning variance variation deviation Answer B. Method B: Treat labor fringe benefits that relate to direct labor as additional direct labor cost and fringe benefits relating to indirect managerual as part of manufacturing overhead.
Opportunity costs are dollars given up or saved as a result of selecting one alte rnative. What was the cost of goods sold for the month. The following costs were incurred ldf February: Direct materials Variable costs may or may not be relevant.
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Chapter wise Multiple Choice Questions and Answers of Financial Accounting CMA JUNE 2018
Cost accounting multiple choice questions has MCQs. Cost accounting interview questions and answers to ask, to prepare and to study for jobs interviews and career MCQs with answer keys. Basic accounting quiz has 15 multiple choice questions. Accounting principles, procedures and concepts quiz has 35 practice multiple choice questions. Balanced scorecard quality, timeline and theory of constraints quiz has 40 multiple choice questions with answers.
D Lost sales arising from a reputation for poor quality. Essential Order Quantity. Hartlie Company's quality cost report is to be based on the following data: Lost sales due to poor quality. B Cost of field servicing and handling complaints? Management control systems quiz has 16 multiple choice questions.
Page 1 of Which of the following is an exampl e of a sunk cost? Direct materials for products. Variable overhead for the current year. Equipment deprecia tion for last year.
C actual customer demand for the current week. All of the following ar e relevant in deciding whether to eliminate an unprofitable product line. B Only Method B is acceptable. Store utilities.
Sccounting fixed cost s and avoidable costs. Drop a product line. All relevant incremental costs are ignored in incremental analysis since they are not incremental. When fixed costs are al located, they do not disappe ar when a divisi on or product is eliminated.