Accounting For Manager MCQ

( 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

11. The basic function of Management Accounting is to ……………………….

A. record all business transactions

B. interpret the financial data

C. assist the management in performing its functions effectively

D. none of these

Answer:-

C. assist the management in performing its functions effectively

12. Management accounting provides invaluable services to Management in
performing…………..

A. all management functions

B. co-ordination functions

C. controlling functions

D. none of these

Answer:-

A. all management functions

13. Accounting designed to serve parties external to the operating
responsibility of the firm is termed as…………….

A. management accounting

B. financial accounting

C. cost accounting

D. none of these

Answer:-

B. financial accounting

14. Cost Accounting and Management Accounting are ……………….. in nature.

A. complementary

B. contradictory

C. different

D. similar

Answer:-

A. complementary

15. Management accounting has a ……….. scope than cost accounting.

A. wider

B. narrow

C. no

D. none of these

Answer:-

A. widerAlso Read :-

  1. Marketing Management MCQs
  2.  Digital Business Management MCQs
  3.  Cost Accounting MCQs
  4.  Join Our Telegram Channel

16. …………….is the amount of expenditure [actual or notional] incurred on or
attributable to a given thing.

A. expenses

B. costing

C. cost

D. none of these

Answer:-

C. cost

17. ………………..is the technique and process of ascertaining costs

A. cost

B. costing

C. cost accounting

D. none of these

Answer:-

C. cost accounting

18. ………..is the process of accounting for cost which includes the application
of cost control methods and ascertainment of profitability of activities

A. cost

B. costing

C. cost accounting

D. none of these

Answer:-

C. cost accounting

19. Which among the following is not a management accounting technique?

A. standard costing

B. marginal costing

C. project appraisal

D. none

Answer:-

D. none

20. ………..Accounting is concerned with historical data

A. cost accounting

B. management accounting

C. financial accounting

D. none

Answer:-

C. financial accountingAlso Read :-

  1. Marketing Management MCQs
  2.  Digital Business Management MCQs
  3.  Cost Accounting MCQs
  4.  Join Our Telegram Channel

I Am Dinesh Jat ( Mr. DJ). Completed Mcom. And Currently Pursuing MBA. Interest In Writing Blogs And Spread knowledge To the People. I Want to Provide General Awareness With The People who Are preparing for competitive Exams At a place.

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