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Q. Which of the following is true about management accounting? A) Management accounting is associated with presentation of accounting data. B) Management accounting is extremely sensitive to investors needs.

Q. The working capital required to meet the seasonal need of the business is called _______.

Q. A budgeting process which demands each manager to justify his entire budget in detail from beginning is

Q. _________ is stated as a budget which is made to change as per the levels of activity attained.

Q. The cost per unit of a product manufactured in a factory amounts to Rs 160 (75% variable) when the production is 10,000 units. When production increases by 25%, the cost of production will be Rs per unit.

Q. The sub-variance of material usage variance, known as Material mix variance is measured as

Q. Which technique used for figures of two or more periods are placed side by side to facilitate easy and meaningful comparisons?

Q. Budgetary control __________ replace management in decision‐making.