Accounting for Management MCQ

Given below are Accounting for Management MCQ with answers. These MCQs are equally useful for managerial accounting, accounting for managers & accounting for management subject. This is also useful to explore subtopics like Financial Statements, Budgeting, cost accounting, marginal costing, corporate accounting etc.

MBA, BBA, B Com, M Com, MMS, PGDBM, PGDM, BA, MA and CA students can use these multiple choice questions for university exams. These solved MA MCQ sets are also helpful for entrance exams like UPSC, UGC NET, SET, MPSC etc.

Accounting for Management MCQ

91. ………………..cost remains constant per unit of output irrespective of the
level of output and thus fluctuates directly in proportion to changes in the volume of output

92. …………..costs are the increase or decrease in total cost that result from
producing additional or fewer units or from the adoption of an alternative course of action.

93. Marginal cost and differential cost are the same when ……..costs do not
change with change in output

94. ………………is the practice of charging all costs, both variable and fixed, to
operations, processes, or products

95. In absorption costing, managerial decision making is based upon …………..

96. Given sales = 150000, Fixed costs = 30000, Profit = 40000.The variable
cost is………….

97. The Profit/Volume ratio or marginal ratio expresses the relation of …………
to sales.

98. Which of the following measures helps to increase the P/V Ratio ?

99. Given sales = 100000, Profit = 10000 , variable cost = 70%.The sales
required to earn a profit of Rs.40000 is ………………………

100. Marginal cost is the ……….cost of producing an additional unit of output