Cost and Management Accounting (CMA) MCQs and Notes

R

Ram Sharma • 193.86K Points
Coach

Q 81. Principle’ for preparation of working capital statement -Increase in current liability .

(A) increases working capital.
(B) decreases working capital.
(C) decrease fixed capital.
(D) increase fixed capital.

P

Praveen Singh • 36.81K Points
Coach

Q 82. Principle’ for preparation of working capital statement - Decrease in current asset .

(A) increases working capital.
(B) decreases working capital.
(C) decrease fixed capital.
(D) increase fixed capital.

V

Vinay • 28.75K Points
Instructor II

Q 83. Principle’ for preparation of working capital statement -Increase in current asset .

(A) increases working capital.
(B) decreases working capital.
(C) decrease fixed capital.
(D) increase fixed capital.

G

Gopal Sharma • 38.32K Points
Coach

Q 84. Any transaction between a non current account and another non current account does not affect .

(A) profit.
(B) funds.
(C) working capital.
(D) capital.

R

Ranjeet • 34.60K Points
Instructor I

Q 85. Any transaction between a current account and another current account does not Affect .

(A) profit.
(B) funds.
(C) working capital.
(D) capital.

R

Ranjeet • 34.60K Points
Instructor I

Q 86. All those liabilities which are payable in cash in the normal course of business within a period of one year are called _.

(A) long term liabilities.
(B) overdraft.
(C) short term loans.
(D) current liabilities.

V

Vijay Sangwan • 28.62K Points
Instructor II

Q 87. All those assets which are converted into cash in the normal course of business within one year are known as .

(A) fixed assets.
(B) current assets.
(C) fictitious assets.
(D) wasting assets.

A

Admin • 36.96K Points
Coach

Q 88. Funds flow statement is based on the .

(A) working capital concept of funds.
(B) cash concept of funds.
(C) fixed assets concept of funds.
(D) long term funds.

P

Priyanka Tomar • 35.28K Points
Coach

Q 89. The indicates the number of times the payables rotate in a year is _.

(A) stock turnover ratio.
(B) stock turnover ratio.
(C) creditors velocity ratio.
(D) working capital turnover ratio.

A

Admin • 36.96K Points
Coach

Q 90. Creditors turnover ratio is also called .

(A) stock turnover ratio.
(B) debtors velocity ratio.
(C) . accounts payables ratio.
(D) working capital turnover ratio.

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