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 5 of 8

Discover more Topics under Cost Accounting

Q41.
An exertion for achieving a set goal is known as
Discuss
Answer: (c).effort
Q42.
If the opportunity cost per barrel is $45 per unit, incremental cost per barrel is $65, then minimum transfer price will be
Discuss
Answer: (b).$110
Q43.
A desire to achieve a particular goal with pursuit of that goal is called
Discuss
Answer: (a).motivation
Q44.
The decision making methods, used for subunits of company are highly interdependent on each other is called
Discuss
Answer: (a).incongruent decision making
Q45.
The method of pricing, when two separate pricing methods are used to price, transfer of products from one subunit to another, is called
Discuss
Answer: (a).dual pricing
Q46.
An organizational practice, according to which the decision making freedom is available to lower level managers is known as
Discuss
Answer: (a).decentralization
Q47.
The products or services that are transferred between different subunits of a company are classified as
Discuss
Answer: (c).intermediate product
Q48.
The means of collecting and using information, to coordinate decision and planning through an organization are termed as
Discuss
Answer: (d).management control systems
Q49.
The minimum freedom for managers and maximum constraints are the main features of
Discuss
Answer: (b).total centralization
Q50.
The price charged by one subunit to supply products or services to another unit is called
Discuss
Answer: (b).transfer price
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