12 May 2014

Smu mba financia & management accounting sample paper set four


Unit 12 Mark 2
You have completed your quiz attempt. You have scored 4 of 20 possible points.











Question:
CVP analysis is most important for the determination of
Response:
Volume to break even
Wrong
Variable revenue to equal fixed cost
Should have chosen
Relation ship between revenue and cost
None

Question:
At BEP total cost is equal to
Response:
MOS
Wrong
FC
Should have chosen
Sales
VC

Question:
Profit = MOS * __________
Response:
100
Per unit
Correct
MCSR
Both (a) and (b)
Question:
In marginal costing, the relative profitability is by:
Response:
Correct
MCSR
BEP
Contribution
Fixed cost

Question:
Marginal of safety may be improved by
Response:
Increasing sales
Wrong
Increasing selling price
Lowering fixed cost
Should have chosen
All


Question:
MCSR is the ratio of
Response:
Should have chosen
Contribution to sales
Wrong
FC to VC
VC to FC
None

Question:
Marginal costing is a method of cost ascertainment
Response:
Wrong
True
Should have chosen
False
None
both (a) and (b)

Question:
If there is no production, the loss will be equal to
Response:
Prime cost
Should have chosen
Fixed cost
Wrong
Factory cost
All

No comments:

Post a Comment