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Q. In responsibility accounting the organization is divided into different ………centers

Q. Marginal cost is the ……….cost of producing an additional unit of output

Q. Variable cost ratio is 60% Sales Rs.20000 and fixed cst Rs.5000, then profit will be ……..

Q. Managerial accounting information is generally prepared for

Q. At Break even point contribution will be equal to …………….

Q. According to SEBI requirements Cash flow statement is prepared by categorizing cash flows into operating, investing and …………..activities

Q. ………..Accounting is concerned with historical data

Q. Net profit earned plus non working capital expenses is equal to …………..

Q. Fixed costs Rs.6000, Profit required Rs.4000 and P/v ratio is 50% , then sales required will be………….

Q. A centre where the manager is responsible for sales is …………..