Management Accounting in Organizations MCQs

Welcome to our comprehensive collection of Multiple Choice Questions (MCQs) on Management Accounting in Organizations, 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 Management Accounting in Organizations 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 Management Accounting in Organizations mcq questions that explore various aspects of Management Accounting in Organizations problems. Each MCQ is crafted to challenge your understanding of Management Accounting in Organizations 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 Management Accounting in Organizations 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 Management Accounting in Organizations. 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 Management Accounting in Organizations knowledge to the test? Let's get started with our carefully curated MCQs!

Management Accounting in Organizations MCQs | Page 2 of 8

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Q11.
The decision making step, which consists of organization goals, predicting alternatives and communicating goals is called
Discuss
Answer: (c).planning
Q12.
An availability of financial information, to oversee operations and system of accounting is known as
Discuss
Answer: (b).controllership
Q13.
An availability of after sale support, to the existing or potential customers in value chain analysis is known as
Discuss
Answer: (a).customer services
Q14.
The quantitative expression of decided plan and coordination, for plan implementation is known as
Discuss
Answer: (d).budget
Q15.
In management accounting, an emphasis and focus must be
Discuss
Answer: (a).future oriented
Q16.
The strategy that interlinks technology and people, to enhance relationships in all the business functions is classified as
Discuss
Answer: (c).customer relationship management
Q17.
The experimentation and generation of ideas related to new product or services are included in
Discuss
Answer: (b).research and development
Q18.
The philosophy, in which the management works to improve value chain of the products, to exceed customer expectations is classified as
Discuss
Answer: (a).quality
Q19.
The cash management, investments, long and short term financing are included in
Discuss
Answer: (c).treasury
Q20.
In financial accounting, the investors, banks, suppliers and government agencies are classified as
Discuss
Answer: (a).external parties
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