Accounting for Managerial Decisions MCQs and Notes
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Q 1. A transaction that doesn’t make any change in working capital position is ---------
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Q 2. A firm’s investment in current asset is known as ----------------
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Q 3. ------------- centre is one for which both revenue and cost are accumulated
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Q 4. --------- is a system where persons are made responsible for control of cost
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Q 5. A control system where accountability is established with responsibility is known as --------------
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Q 6. A segment of activity or area of operation for which revenues are accumulated is known as ------
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Q 7. A segment of activity or area of operation for which cost is collected is known as -----------------
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Q 8. A segment of activity for which revenues are accumulated
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Q 9. A centre at which proper utilization of asset used in the centre
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Q 10. A segment of activity for which both revenue and cost are accumulated
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