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

21. ……………..is the process of identifying the financial strengths and
weakness of the firm by properly establishing relationship between the items of balance sheet and Profit and Loss Account

22. ……………explains what has happened to a business unit as a result of
operations between two balance sheet dates.

23. The analysis done by investors , credit agencies , government agencies and
other creditors who have no access to the internal records of a company is known as ……………..

24. The analysis done by persons who have access to the books of account and
other information related to the business is termed as……………

25. In ………………..type of analysis , financial statements for a number of
years are reviewed and analyzed.

26. ……………..type of analysis is based on the data from year to year rather
than on one date, and also termed as dynamic analysis.

27. ………….analysis is useful in comparing performance of several companies
in the same group, or division or department of the same company.

28. ………………. are prepared so as to provide time perspective to the
consideration of various elements of financial position embodied in such statements.

29. ……………….are the statements, in which figures reported are converted into
percentages to some common base.

30. The term fixed assets includes