MCQOPTIONS
Saved Bookmarks
MCQOPTIONS
This section includes 7 Mcqs, each offering curated multiple-choice questions to sharpen your MBA knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
A columnar statement is prepared in ________ in which first column shows items of payments and receipts, whereas the other columns represents the amount of payments and receipts in each time break-up of budget period. |
| A. | Cash Accounting method |
| B. | Budgeted method |
| C. | Cash flow method |
| D. | None of the above |
| Answer» B. Budgeted method | |
| 2. |
A budgeting process which demands each manager to justify his entire budget in detail from beginning is |
| A. | Functional budget |
| B. | Master budget |
| C. | Zero base budgeting |
| D. | None of the above |
| Answer» D. None of the above | |
| 3. |
A budgeted balance sheet is prepared in Projected Balance sheet method and an estimate is made of the values of all assets including bank overdraft, cash balance and bank. |
| A. | True |
| B. | False |
| C. | WER: False Answer & Explanation |
| D. | |
| Answer» C. WER: False Answer & Explanation | |
| 4. |
A box manufacturer discovers that while it costs Rs 6.25 per unit to make a component T the same is available in the market at Rs 5.75 each. There is reliability of regular supply. The breakdown of costs is materials is Rs 2.75 per unit, Labor is Rs 1.75 per unit, Other variable expenses is Rs 0.50 and depreciation and other fixed costs is Rs 1.25. Will you make or buy? |
| A. | Buy the product |
| B. | Make the product |
| C. | Either a or b |
| D. | None of the above |
| Answer» C. Either a or b | |
| 5. |
A bond is said to be issued at premium when |
| A. | Coupon rate > Required returns |
| B. | Coupon rate = Required returns |
| C. | Coupon rate < Required returns |
| D. | None of the above |
| Answer» B. Coupon rate = Required returns | |
| 6. |
A balance sheet is a form of |
| A. | Dynamic financial reports |
| B. | Static financial reports |
| C. | Activity reports |
| D. | None of the above |
| Answer» C. Activity reports | |
| 7. |
4000 mobiles need to be made and sold in a monopoly market. The desired profit is Rs 2,00,000. The variable cost per mobile is Rs 100 and the total fixed costs are Rs 40,000. Find out unit selling price. |
| A. | Rs 160 per mobile |
| B. | Rs 1,600 per mobile |
| C. | Rs 1.60 per mobile |
| D. | None of the above |
| Answer» C. Rs 1.60 per mobile | |