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Q. A Cost Unit is _____________

Q. The prime function of management accounting is to -------------------------------

Q. Regal Industries is replacing a grinder purchased 5 years ago for $15,000 with a new one costing $25,000 cash. The original grinder is being depreciated on a straight-line basis over 15 years to a zero-salvage value. Regal will sell this old equipment to a third party for $6,000 cash. The new equipment will be depreciated on a straight-line basis over 10 years to a zero-salvage value. Assuming a 40% marginal tax rate, Regal’s net cash investment at the time of purchase if the old grinder is sold and the new one purchased is

Q. Which of the following are characteristics of B.E.P?

Q. If the contribution margin per unit is $700 per unit and the break-even per unit is $40, then the fixed cost would be

Q. Managers utilizes marginal costing for

Q. Contribution margin center is also known as

Q. ……………………..accounting is the adoption and analysis of accounting information and its diagnosis and explanation in such a way so as to assist the decision -makers.

Q. Which of the following is responsibility center?

Q. Gross working capital represents __________.