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Q. Which of the following is true about management accounting? A) Management accounting is associated with presentation of accounting data. B) Management accounting is extremely sensitive to investors needs.

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

Q. The __________ is required to ensure circulation of operating cycle.

Q. Material cost variances is measured as

Q. _______ provides an estimate of the capital amount that may be required for buying fixed assets needed for meeting production requirements.

Q. The scarce factor of production is known as

Q. Financial accounting is primarily concerned with providing financial reports to all of the following EXCEPT

Q. Budgetary control helps the management in…

Q. The funds required for running an organisation are generally called as ____________.

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 labor price variance is