Accounting for Managerial Decisions MCQs and Notes

M

Mr. Dubey • 95.57K Points
Coach

Q 181. When ratios are calculated from the financial statements of one year, it is known as ---------------------

  • (A) Horizontal analysis
  • (B) Vertiacal analysis
  • (C) Internal Analysis
  • (D) External analysis

M

Mr. Dubey • 95.57K Points
Coach

Q 182. When financial statements for a number of years are reviewed and analysed, the analysis is known as ---------------------

  • (A) Vertical nalysis
  • (B) Internal analysis
  • (C) Horizontal analysis
  • (D) External analysis

M

Mr. Dubey • 95.57K Points
Coach

Q 183. Financial Statements provide a summary of --------------------------

  • (A) Accounts
  • (B) Assets
  • (C) Liabilities
  • (D) Expenses

M

Mr. Dubey • 95.57K Points
Coach

Q 184. External analysis is based on ------------- financial statements

  • (A) Annual
  • (B) Published
  • (C) Prepared
  • (D) Previous

M

Mr. Dubey • 95.57K Points
Coach

Q 185. Common size Income Statement present the various items as a percentage of ----------------

  • (A) Sales
  • (B) Credit sales
  • (C) Cash sales
  • (D) None of the above

M

Mr. Dubey • 95.57K Points
Coach

Q 186. The process of deriving conclusions from the analysis is commonly termed as ----------------

  • (A) Analysis
  • (B) Conclusion
  • (C) Comparison
  • (D) Interpretation

M

Mr. Dubey • 95.57K Points
Coach

Q 187. Interpretation requires analysis and ----------------------------------

  • (A) Comaprison
  • (B) Determination
  • (C) Decision Making
  • (D) Conclusion

M

Mr. Dubey • 95.57K Points
Coach

Q 188. Comparison of financial variables of a firm over a period of time is known as--------------

  • (A) Comparative
  • (B) Common-size
  • (C) Trend analysis
  • (D) None of the above

M

Mr. Dubey • 95.57K Points
Coach

Q 189. Vertical analysis is made to review and analyse the financial statements of -----------------accounting period.

  • (A) One
  • (B) Two
  • (C) Three
  • (D) Four

M

Mr. Dubey • 95.57K Points
Coach

Q 190. Horizontal Analysis shows the comparison of data for several years against a chosen ---------------- year.

  • (A) Base year
  • (B) Previous year
  • (C) Financial year
  • (D) Calender year

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