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What is treated as the base in common size P& L statement. A. RFO B. Other Incomes C. Total Income D. Profit before tax
A.RFO
A.RFO
See lessTotal Assets in 2018 10 lac(Negative );in 2019 15 Lac (Positive).What is the Percentage change? A. 150% B. 100% C. 250% D. 50%
C.250%
C.250%
See lessWhich technique used for figures of two or more periods are placed side by side to facilitate easy and meaningful comparisons? A. Comparative Statements B. Common size Statements C. Trend D. None
A.Comparative Statements
A.Comparative Statements
See lessWhich statement is true.I)Cost records are compulsory in all industries. II)Management accounting records are compulsory by law. A. Both are False B. Only II C. Both I and II D. Only I
A.Both are False
A.Both are False
See lessFinancial accounting is the art of .I)Classifying II)Interpreting III)Recording IV)Summarising .Write Correct sequence. A. III,IV,II,I B. III,I,IV,II C. III,I,II,IV D. III,IV,I,II
B.III,I,IV,II
B.III,I,IV,II
See lessData in management accounting is derived from A. Cost Accounting B. Financial Accounting C. Other Sources D. All of the above
D.All of the above
D.All of the above
See lessWhich of the following is not the limitation of Management Accounting?I)Developing Stage II)Resistance from Staff III)Lack of wide knowledge IV)Decision Making A. Only I,II,III B. Both I & IV C. Only IV D. Only I
C.Only IV
C.Only IV
See lessManagement accounting assists the management A. Only in control B. Only in decision making C. Only in planning D. In planning, decision making and control
D.In planning, decision making and control
D.In planning, decision making and control
See lessThe management accounting can be stated an extension of I)Cost Accounting II)Financial Accounting A. Only I B. Only II C. Both I and II D. None of the Above
C.Both I and II
C.Both I and II
See lessWhat are the characteristics of management accounting? A. Decision Making B. Internal Use C. Optional D. All of the above
D.All of the above
D.All of the above
See less