Q. …………..is the angle caused by intersection of total cost line and total sales line
✅ Correct Answer: (B)
angle of incidence
Accounting for Management MCQs and Notes
Q. Profit Volume ratio is the ratio of ……………. To sales
✅ Correct Answer: (A)
contribution
Q. According to SEBI requirements Cash flow statement is prepared by categorizing cash flows into operating, investing and …………..activities
✅ Correct Answer: (A)
financing
Q. Which among the following results in decrease of working capital ?
✅ Correct Answer: (A)
increase in current liabilities
Q. Which of the following results in Increase of working capital ?
✅ Correct Answer: (A)
increase in current assets
Q. Fund lost in operations represent………………..
✅ Correct Answer: (B)
outflow of funds
Q. …………….is the dividend paid to the members of a company during a financial year before the finalization of annual accounts.
✅ Correct Answer: (C)
interim dividend
Q. Decrease in Working capital constitutes …………………
✅ Correct Answer: (A)
source of fund
Q. Increase in Accounts payable when compared to previous year results in …………….of working capital
✅ Correct Answer: (B)
decrease
Q. …………statement shows changes in financial position and hence dynamic in nature
✅ Correct Answer: (A)
fund flow statement