Question

SRI KRISHNASAMY ARTS AND SCIENCE COLLEGE

METTAMALAI

MODEL EXAMINATION

Class: II B.Com (CA) Marks: 75

Duration: 3 Hours Date:

Management Accounting

SECTION – A

I. Answer all questions (10x1=10)

1. The primary goal of management accounting is to _________

a) Interpret the financial data

b) Record all business transactions

c) Analysis of financial data

d) Provide information for planning, decision making etc..

2. Trend analysis is significant for ________

a) Profit planning b) forecasting & budgeting

c) Working capital management d) capital rationing

3. Cash flow statement facilitates analysis of _________

a) Liquidity b) long term solvency c) profitability

d) Capital structure

4. The formula for margin of safety is _______

a) Present sales – BEP sales b) profit/PV ratio

c) Both (a) & (b) d) profit/sales

5. Which of the following is not a functional budget?

a) Flexible budget b) Purchase budget c) Sales budget

d) Production budget

6. The use of management accounting is ________

7. Cash flow means inflow and _______ cash during accounting

period.

8. Cash inflows are otherwise called as _________

9. Cost incurred to produce one more additional units are called as ______

10. Master budget incorporates all _______ budgets.
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Answer 1

Answer:

Explanation:

the solid mineral material forming part of the surface of the earth and other similar planets, exposed on the surface or underlying the soil.

"the beds of rock are slightly tilted"