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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. An officer responsible for financial operations of organization is considered as

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

Q. The overall responsibility for the functions of the budget committee lies on the _____________

Q. The classification of fixed and variable cost is useful for the preparation of ……

Q. In ‘make or buy’ decision, it is profitable to buy from outside only when the supplier’s price is below the firm’s own ___________.

Q. Recording of actual performance is….

Q. Which of the following is expenses ratio? (a) Administrative expenses ratio (b) Selling and Distribution expenses ratio (c) Factory expenses ratio (d) Finance Expenses ratio

Q. Management accounting begins where………………. accounting ends.

Q. The ratio of current asset to current liability is known as --------------