( Best 150+ ) Accounting for Management MCQ

by Mr. DJ

Accounting for Management MCQ

Table of Contents

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.

Accounting for Management MCQ

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

101. Profit Volume ratio is the ratio of ……………. To sales

A. contribution

B. profit

C. sales

D. none of these

102. …………..is the angle caused by intersection of total cost line and total
sales line

A. angle of contribution

B. angle of incidence

C. all of these

D. none of these

103. At Break even point contribution will be equal to …………….

A. variable cost

B. fixed cost

C. profit

D. none of these

104. The ratio of contribution to ……………. Is called P/V ratio

A. volume

B. sales

C. profit

D. none of these

105. Marginal cost is the aggregate of prime cost and ……………….

A. fixed overheads

B. variable overheads

C. contribution

D. none of these

106. When fixed cost is deducted from contribution, the balance will be ……….

A. variable cost

B. profit

C. total cost

D. sales

107. When sales are Rs.30000 and P/V ratio is 20% then contribution will be….

A. 2000

B. 4000

C. 6000

D. 8000

108. When fixed costs are Rs.4000 and P/v ratio is 25%, then break even point
will be …………..

A. 40000

B. 20000

C. 16000

D. 10000

109. When profit is Rs.5000 and P/v ratio is 20% , Margin of safety is…………

A. 10000

B. 25000

C. 30000

D. 50000

110. Fixed costs Rs.6000, Profit required Rs.4000 and P/v ratio is 50% , then
sales required will be………….

A. 6000

B. 4000

C. 10000

D. 20000

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