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General MCQ for Management Accounting

1. True or False: If a company requires a profit of $30,000 (instead of breaking even), the $30,000 should be combined with the fixed expenses in order to compute the point at which the company will earn $30,000.

2. What is the most important purpose of a balanced scorecard?

3. The time value of money focuses on:

4. Which of the following is the best example of discretionary cost?

5. Which of the following statements regarding graphs of fixed and variable costs is true?

6. Break-even analysis assumes that over the relevant range:

7. Which of the following BEST describes target costing?

8. If the selling price was $100 per unit, the variable cost was $50 per unit and the fixed cost was $10,000 what would be the sales break even point in units?

9. A manufacturing company benchmarks the performance of its accounts receivable department with that of a leading credit card company, what type of benchmarking is the company using?

10. Goal congruence best describes as

11. Which of the following models does NOT use cash flows?

12. In the debt equity ratio, external equity refers to_____.

13. Contribution/sales is equal to _______

14. The formula for Margin of Safety is one of the following ________

Management Accounting MCQs | Topic-wise

MCQ on Basic Management Accounting General Management Accounting MCQs
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Management Accounting Subjects
Basic Management Accounting MCQs
More Resources
Management Accounting MCQ
Management Accounting Skill Assessment
Management Accounting PDF
Related MCQs
Management Fundamentals
Management Skills
Marketing Management Test
Microsoft Project
Negotiation Skills
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