Financial Ratios Analysis MCQs

Welcome to our comprehensive collection of Multiple Choice Questions (MCQs) on Financial Ratios Analysis, a fundamental topic in the field of Cost Accounting. Whether you're preparing for competitive exams, honing your problem-solving skills, or simply looking to enhance your abilities in this field, our Financial Ratios Analysis MCQs are designed to help you grasp the core concepts and excel in solving problems.

In this section, you'll find a wide range of Financial Ratios Analysis mcq questions that explore various aspects of Financial Ratios Analysis problems. Each MCQ is crafted to challenge your understanding of Financial Ratios Analysis principles, enabling you to refine your problem-solving techniques. Whether you're a student aiming to ace Cost Accounting tests, a job seeker preparing for interviews, or someone simply interested in sharpening their skills, our Financial Ratios Analysis MCQs are your pathway to success in mastering this essential Cost Accounting topic.

Note: Each of the following question comes with multiple answer choices. Select the most appropriate option and test your understanding of Financial Ratios Analysis. You can click on an option to test your knowledge before viewing the solution for a MCQ. Happy learning!

So, are you ready to put your Financial Ratios Analysis knowledge to the test? Let's get started with our carefully curated MCQs!

Financial Ratios Analysis MCQs | Page 3 of 5

Q21.
All the choices for decision that are easily available to managers are classified as
Discuss
Answer: (b).actions
Q22.
In accounting, the possibility of deviation of actual amount from an expected amount is classified as
Discuss
Answer: (c).uncertainty
Q23.
If the breakeven revenue is $220000 and the revenue per bundle is $10000, then the number of bundles to be sold to breakeven will be
Discuss
Answer: (b).22 bundle
Q24.
The gross margin is $7000 and the revenues are $16000, then the cost of goods sold would be
Discuss
Answer: (d).$9,000
Q25.
If the sales quantity is 7000 units and the breakeven quantity is 1500 units, then the margin of safety would be
Discuss
Answer: (b).5500 units
Q26.
If the target net income is $9600 and the tax rate is 40%, then the target operating income would be
Discuss
Answer: (c).$16,000
Q27.
If the budgeted revenue is $50000 and the breakeven revenue is $35000, then the margin of safety would be
Discuss
Answer: (c).$15,000
Q28.
If the fixed cost is $20000, the target operating income is $10000 and the contribution margin per unit is $1200 then required units to be sold will be
Discuss
Answer: (d).25 units
Q29.
If the target net income is $36000 and the tax rate is 40%, then the target operating income will be
Discuss
Answer: (d).$60,000
Q30.
The set of all the occurrences that may happen in near future or in any other fixed time are called
Discuss
Answer: (a).events
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