Accounting for Management

M

Mr. Dubey • 51.43K Points
Coach

Q 31. Under marginal costing, ……… Costs are regarded as costs of the products.

(A) variable costs
(B) fixed costs
(C) both of these
(D) none of these
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M

Mr. Dubey • 51.43K Points
Coach

Q 32. Marginal costing is a …………… of costing

(A) system
(B) method
(C) technique
(D) all of these
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M

Mr. Dubey • 51.43K Points
Coach

Q 33. …………cost is defined as the aggregate of variable costs or prime costs plus variable overheads.

(A) variable cost
(B) marginal cost
(C) fixed cost
(D) none of these
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M

Mr. Dubey • 51.43K Points
Coach

Q 34. ………. Is the increase or decrease in total cost which results from producing or selling additional or fewer units of a product or from a change in the method of production or distribution such as the use of improved machinery, addition or exclusion of a product or territory or selection of an additional sales channel.

(A) variable cost
(B) marginal cost
(C) fixed cost
(D) none of these
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M

Mr. Dubey • 51.43K Points
Coach

Q 35. ………….cost represents the amount of any given volume of output by which aggregate costs are changed if the volume of output is increased by one unit.

(A) variable cost
(B) marginal cost
(C) fixed cost
(D) none of these
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M

Mr. Dubey • 51.43K Points
Coach

Q 36. The essence of marginal costing is that ……………… cost is considered on the whole as separate.

(A) fixed
(B) variable
(C) both of these
(D) none of these
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M

Mr. Dubey • 51.43K Points
Coach

Q 37. Which among the following is not an example of cash flow from operating activities ?

(A) cash payments of insurance premiums
(B) cash payments of income taxes
(C) cash payments to employees
(D) cash receipts from disposal of fixed assets
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M

Mr. Dubey • 51.43K Points
Coach

Q 38. Which among the following are examples of cash flow from operating activities ?

(A) cash receipts from sale of goods
(B) cash receipts from royalties
(C) cash payments to suppliers
(D) all of these
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Mr. Dubey • 51.43K Points
Coach

Q 39. Flow of cash is said to have taken place when any transactions makes changes in the amount of ………….before happening of the transactions.

(A) cash
(B) cash equivalents
(C) both of these
(D) none of these
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M

Mr. Dubey • 51.43K Points
Coach

Q 40. ………are short term , highly liquid investments that are readily convertible into known amounts of cash and which are subject to an insignificant risk of changes in value.

(A) cash equivalents
(B) short term investments
(C) marketable securities
(D) all of these
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