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Q. Operating ratio is calculated by

Q. Financial Accounting data is primarily meant for …………………

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. When ratios are calculated from the financial statements of one year, it is known as ---------------------

Q. An indirect setup labor costs, costs of setup and equipment maintenance and costs of indirect material can be categorized as

Q. A budgeting process which demands each manager to justify his entire budget in detail from beginning is

Q. The term standard cost refers to the:

Q. Which of the following statements are true? (a) Marginal costing is not an independent system of costing. (b) In marginal costing all elements of cost are divided into fixed and variable components. (c) In marginal costing fixed costs are treated as product cost. (d) Marginal costing is not a technique of cost analysis.

Q. If net profit is ₹ 50,000 after writing off goodwill ₹ 10,000 then the Cash Flow from operating activities will be: