πŸ“Š Enterprise Performance Management (EPM)
Q. ………….. costs are not easily changed and are often fixed, for ex, once a company has decided to rent a place.
  • (A) Committed
  • (B) Discretionary
  • (C) Engineered
  • (D) Marginal
πŸ’¬ Discuss
βœ… Correct Answer: (A) Committed
πŸ“Š Enterprise Performance Management (EPM)
Q. Return on Assets and Return on Investment Ratios belong to:
  • (A) Liquidity Ratios
  • (B) Profitability Ratios
  • (C) Solvency Ratios
  • (D) Turnover
πŸ’¬ Discuss
βœ… Correct Answer: (B) Profitability Ratios
πŸ“Š Enterprise Performance Management (EPM)
Q. Under responsibility accounting, the evaluation of a manager’s performance is based on matters that the manager:
  • (A) Directly controls
  • (B) Directly and indirectly controls
  • (C) Indirectly controls
  • (D) Has shared responsibility for with another manager
πŸ’¬ Discuss
βœ… Correct Answer: (A) Directly controls
πŸ“Š Enterprise Performance Management (EPM)
Q. Who among the following have the authority to inspect the books of accounts?
  • (A) Directors
  • (B) Members
  • (C) Officer of Sebi
  • (D) Both (a) and (c)
πŸ’¬ Discuss
βœ… Correct Answer: (D) Both (a) and (c)
πŸ“Š Enterprise Performance Management (EPM)
Q. Which of the following is not true for capital budgeting?
  • (A) Sunk costs are ignored
  • (B) Opportunity costs are excluded
  • (C) Incremental cash flows are considered
  • (D) Relevant cash flows are considered
πŸ’¬ Discuss
βœ… Correct Answer: (B) Opportunity costs are excluded
πŸ“Š Enterprise Performance Management (EPM)
Q. Which of the following is not applied in capital budgeting?
  • (A) Cash flows be calculated in incremental terms
  • (B) All costs and benefits are measured on cash basis
  • (C) All accrued costs and revenues be incorporated
  • (D) All benefits are measured on after-tax basis
πŸ’¬ Discuss
βœ… Correct Answer: (C) All accrued costs and revenues be incorporated
πŸ“Š Enterprise Performance Management (EPM)
Q. Capital Budgeting Decisions are based on:
  • (A) Incremental Profit
  • (B) Incremental Cash Flows
  • (C) Incremental Assets,
  • (D) Incremental Capital.
πŸ’¬ Discuss
βœ… Correct Answer: (B) Incremental Cash Flows