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Q. Match the columns (i) Activity Ratio -------------------- i) (Actual hours worked / Budgeted hours) * 100 (ii) Capacity Ratio ------------------ ii) (Standard hours of actual production / Actual hours worked) * 100 (iii) Efficiency Ratio ----------------- iii) (Standard hours for actual output / Budgeted hours) * 100

Q. Uncontrollable costs are the costs which be influenced by the action of a specified member of an undertaking. -

Q. The purpose of financial accounting is to provide information for ________.

Q. In deciding the appropriate level of current assets for the firm, management is confronted with _____________.

Q. Service and Financial concerns may have _____.

Q. Which of the following is not a cash outflow?

Q. The information to prepare a flexible budget includes:

Q. Sales for desired profit is measured as

Q. Budgetary control system helps the management to eliminate -

Q. Setting the company's profit targets for the upcoming year is an example of the management function of