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Q. The use of management accounting is

Q. (A Company has a standard of 1 direct labor hour per unit at Rs.12 per hour. 3,850 labor hours costing Rs.46,970 were used to produce 4,000 units.) Company’s total labor variance is

Q. Debtors Turnover ratio is also known as (a) Receivables turnover ratio (b) Debtors velocity (c) Stock velocity (d) Payable turnover ratio

Q. While computation of profit in marginal costing

Q. _______________ ratios measure the ability of a firm to earn an adequate return on sales, total assets and invested capital.

Q. The net working capital, being the difference between current assets and current liabilities is a _______.

Q. The labour engaged in the making of a product is known as _______

Q. The objectives, procedures, organizational structure and authority and responsibility in writing about a budget is shown in

Q. Which of the following is an example of Semi-Variable Costs

Q. According to ________ working capital refers to the company’s total investment in current assets.