( 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

111. Variable cost ratio is 60% Sales Rs.20000 and fixed cst Rs.5000, then
profit will be ……..

A. 15000

B. 12000

C. 3000

D. 10000

112. Responsibility Accounting is also called ……………. Accounting

A. profitability

B. management

C. all of these

D. none of these

113. In responsibility accounting the organization is divided into different
………centers

A. responsibility

B. cost

C. profit

D. none of these

114. A cost centre is a segment of the organization where the manager is
responsible for …………………..

A. costs

B. inputs

C. a or b

D. none of these

115. Both costs and revenues are measured in ………………… centers

A. cost

B. profit

C. revenue

D. all of these

116. A …………….is that factor which causes cost.

A. cost driver

B. profit driver

C. all of these

D. none of these

117. cost driver for activities is called …………….

A. activity driver

B. expense driver

C. driver

D. none of these

118. A centre where the manager is responsible for sales is …………..

A. cost centre

B. revenue centre

C. investment centre

D. none of these

119. The performance of investment centre is based on ……………….

A. cost of the centre

B. profit of the centre

C. profit and investment of the centre

D. revenue of the centre

120. Responsibility accounting is used for ……………….

A. cost control

B. planning

C. decision making

D. pricing

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