cost control and management accounting

cost control and management accounting

1st - 3rd Grade

12 Qs

quiz-placeholder

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cost control and management accounting

cost control and management accounting

Assessment

Quiz

Professional Development

1st - 3rd Grade

Easy

Created by

Mrs.Preethi Gudi

Used 7+ times

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12 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

"Managemnt Accounting is the process of identification measurement accumulation analysis preparation interpretation and communication of information that assist executives in fulfilling organisational objectives" this definition given by

Charles T Horngren

American Accountants

smith

asburne

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

planning and forecating , modification of data is a

Objectives of management

functions of management

scope of management

none

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the formula of p/v Ratio

contribution/sales

fixed cost - contribution

sales - variables

none

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fixed cost Rs.9600,Sales Rs.25200, ProfitRs.3000 calculate p/v ratio?

20%

25%

50%

10%

5.

DRAW QUESTION

3 mins • 1 pt

Draw a Break Even Chart

Media Image

Answer explanation

Media Image

6.

OPEN ENDED QUESTION

30 sec • 1 pt

Fc = 12000,Sp = 12 per unit Vc = 9 per unit find BEP in units

Evaluate responses using AI:

OFF

Answer explanation

4000

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

BEP in rupees formula is

Total Fixed cost/ contribution per unit

total fixed cost /p /v ratio

Fc/contribution

none

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