The product capacity and costing, performance evaluation and regulatory requirements are the purposes of ___________?
A. denominator level choices B. numerator level choices C. normal level choices D. standard level choices
Accounting MCQs with Answers
The denominator of the fixed manufacturing cost rate is __________?
A. adjusted labor utilization B. unadjusted labor utilization C. material utilization D. capacity utilization
In Variable Costing Method, the fixed manufacturing cost in the calculation period is treated as _________?
A. variable quantity B. fixed quantity C. price D. expense
The capacity level of operations which is less than theoretical capacity is considered as ___________?
A. practical capacity B. theoretical costing C. standard capacity D. actual capacity
The decrease in purchasing power of any monetary unit such as euro, dollars etc. is classified as ___________?
A. net investment parity B. inflation C. purchasing parity D. buying parity
The working capital cash outflow, cash outflow to buy machine and cash inflow from machine are the examples of ____________?
A. cash flow from operations B. terminal disposal of investment C. net initial investment D. average return on investment
Annual earned income is divided from a project by capital invested to calculate __________?
A. accrual accounting rate of return B. returned working capital C. increase in expected average annual D. decrease in expected average annual
The capital budgeting method to analyze information of financials include ___________?
A. internal rate of return B. accrual accounting rate of return C. net present value D. all of above
The process of making long term decisions, for capital investment in the projects is called __________?
A. lead budgeting B. lean budgeting C. capital budgeting D. relevant budgeting
The vertically upward dimension of cost analysis is also called __________?
A. project dimension B. accounting-period dimension C. back-flush accounting dimension D. lean accounting dimension