Enterprise Performance Management (EPM) MCQs and Notes

R

Ram Sharma • 193.84K Points
Coach

Q 1. ………….. costs are not easily changed and are often fixed, for ex, once a company has decided to rent a place.

(A) Committed

(B) Discretionary

(C) Engineered

(D) Marginal

V

Vinay • 28.75K Points
Instructor II

Q 2. Return on Assets and Return on Investment Ratios belong to:

(A) Liquidity Ratios

(B) Profitability Ratios

(C) Solvency Ratios

(D) Turnover

P

Praveen Singh • 36.71K Points
Coach

Q 3. Under responsibility accounting, the evaluation of a manager’s performance is based on matters that the manager:

(A) Directly controls

(B) Directly and indirectly controls

(C) Indirectly controls

(D) Has shared responsibility for with another manager

V

Vinay • 28.75K Points
Instructor II

Q 4. Who among the following have the authority to inspect the books of accounts?

(A) Directors

(B) Members

(C) Officer of Sebi

(D) Both (a) and (c)

P

Priyanka Tomar • 35.28K Points
Coach

Q 5. Which one is the Capital Expenditure?

(A) Capital invested by the owner

(B) Selling expense for machine

(C) Machine purchased

(D) Daily expenses to operate business

R

Rakesh Kumar • 28.44K Points
Instructor II

Q 6. Which of the following is not used in Capital Budgeting?

(A) Time Value of Money

(B) Sensitivity Analysis

(C) Net Assets Method

(D) Cash Flows

G

Gopal Sharma • 38.32K Points
Coach

Q 7. Which of the following is not true for capital budgeting?

(A) Sunk costs are ignored

(B) Opportunity costs are excluded

(C) Incremental cash flows are considered

(D) Relevant cash flows are considered

P

Priyanka Tomar • 35.28K Points
Coach

Q 8. Which of the following is not applied in capital budgeting?

(A) Cash flows be calculated in incremental terms

(B) All costs and benefits are measured on cash basis

(C) All accrued costs and revenues be incorporated

(D) All benefits are measured on after-tax basis

R

Ranjeet • 34.60K Points
Instructor I

Q 9. Capital Budgeting Decisions are based on:

(A) Incremental Profit

(B) Incremental Cash Flows

(C) Incremental Assets,

(D) Incremental Capital.

S

Shiva Ram • 30.44K Points
Instructor I

Q 10. Capital Budgeting deals with:

(A) Long-term Decisions,

(B) Short-term Decisions

(C) Both (a) and (b)

(D) Neither a) nor (b)