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 6 of 8

Discuss
Answer: (d).both a and c
Q52.
The maximum freedom for managers and minimum constraints are the main features of
Discuss
Answer: (c).total decentralization
Q53.
The degree to which the freedom is given to lower level managers for decision making is classified as
Discuss
Answer: (c).autonomy
Q54.
The per unit opportunity cost to the selling subunit of company, is added into per unit incremental cost is incurred at point of transfer to calculate
Discuss
Answer: (d).minimum transfer price
Q55.
Current assets are subtracted from current liabilities to calculate
Discuss
Answer: (b).working capital
Q56.
An investment is multiplied to required rate of return, to calculate
Discuss
Answer: (d).imputed cost of investment
Q57.
The system in an organization that articulates the purpose, mission and core values of a company is classified as
Discuss
Answer: (b).belief system
Q58.
If the current assets are $250000 and the current liabilities are $135500, then the working capital would be
Discuss
Answer: (d).$114,500
Q59.
The formula to calculate return on investment, according to profitability analysis in DuPont method is
Discuss
Answer: (a).return on sales * investment turnover
Q60.
If the operating income is $5650000 and the revenue is $68558000, then the return on sales will be
Discuss
Answer: (a).8.24%
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