Management Accounting Set 15

Bachelor of Business Administration (BBA),

Bachelor of Banking and Insurance (BBI),

Bachelor of Commerce (B Com)

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This set of Management Accounting Multiple Choice Questions & Answers (MCQs) focuses on Management Accounting Set 15

Q1 | 20,000 equity shares of Rs.10 each issued at 10% premium , cash is Rs-------------------
Q2 | Preliminary expenses written off is--------
Q3 | Investment costing Rs.50,000 at the loss of Rs.3,000 cash outflow in investing activity is --------
Q4 | Cash from operations is equal to------------------
Q5 | Increase in the amount of bills receivable results in--------------
Q6 | Increase in the amount of bills payable results in----------
Q7 | Which of the following is not an inflow of cash
Q8 | Dividend paid under AS- 3 is----------
Q9 | Cash flows include
Q10 | Cash flow statement is based on----------
Q11 | Proposed dividend is classified as-----------
Q12 | Profit on sale of machinery comes under------------
Q13 | Sale of patent is classified under---------
Q14 | Rent received by a company (whose main business is real estate) is classified as
Q15 | AS-3 is related to
Q16 | The information to prepare a flexible budget includes:
Q17 | The scarce factor of production is known as
Q18 | Which of the following is a budget designed to furnish budgeted costs for any level of activity attained
Q19 | Flexible budgets are useful for
Q20 | The budget that summarize future plans for acquisition of plant facilities and equipment is the
Q21 | A report comparing actual results with the budget figure is called a ___________
Q22 | Profit plan(or budget) is a
Q23 | The objectives, procedures, organizational structure and authority and responsibility in writing about a budget is shown in
Q24 | Which budget is prepared after the preparation of all functional budgets
Q25 | The overall responsibility for the functions of the budget committee lies on the _____________
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