Management Accounting Test Online

From long time, I am making the resource of management accounting in which I have added written lectures relating to financial statement analysis, ratio analysis, cash flow and fund flow statements, cost of capital, capital budgeting and working capital management. So, today, I am taking your small test. So ready for this.

This test's important point is that you will know automatically its answer. Each question's related answers will increase your willpower to correct the answer. Actually, this is my first test in which I am trying to increase your confidence to give correct answers in all competitive examination.

Question 1. Which is not the Tool of Management Accounting

(a) Analysis of Financial Statement

(b)  Throughput Accounting

(c) Working Capital Management

(d) SWOT Analysis

Question 2. Which is not Financial Statement

(a) Business Strategy Analysis Statement

(b) Income Statement

(c) Balance Sheet

(d) Cash Flow Statement

Question 3. Which is not Use of Comparative Balance Sheet

(a) To Know, where did we use our fresh capital fund?

(b) To know, the stages of Industry Life Cycle.

(c) To know, why is current liabilities more than current assets?

(d) To know, where did we use our long term debts?

Question 4. Which is not meaning of Trend Analysis

(a) It means, to take one financial item and its all past years figures. By taking first year as base year, we calculate % figure of each year. Now, it becomes trend. On this trend, we analyze its spreading flow.
(b) The term "trend analysis" refers to the concept of collecting information and attempting to spot a pattern, or trend, in the information.

(c) The use of financial measures or ratios over 2 time periods to evaluate business performance.

(d)  A forecasting method in which likely future sales are estimated by statistical analysis of previous sales patterns.
Question 5. Which is not Absolute Acid Test Ratio

(a) Absolute liquid assets / current liabilities

Absolute liquid or acid assets = marketable securities + cash + bank
(b) Absolute liquid assets / current liabilities
Absolute liquid assets are equal to liquid assets minus accounts receivables (including bills receivables).

(c)  Absolute liquidity ratio relates cash, bank and marketable securities to the current liabilities.

(d) Absolute liquid assets / current liabilities

Absolute liquid or acid assets = marketable securities + cash + bank + Sundry Debtors

Question 6.  Which is not Average Collection Period

(a) (12 months or 365 days ) X Net Credit Sales
     Average Debtors

    12 months or 365 days
     Debtors Turnover ratio

12 months or 365 days
Net Credit Sales / Average Debtors ( sundry debtors + bill receivables)


(12 months or 365 days ) X Average Debtors
   Net Credit Sales

Question 7. Which is not cash flow ratio

(a) Cash flow from operations / Net Profits

(b) Net Profits / Cash Flow from Operations

(c) Cash sales - ( Cash purchase + Cash operating expenses ) / Net Profits

(d) Cash sales - ( Cash purchase + Cash operating expenses ) / Incomes - Expenses

Question 8. Which is not called Fund Flow Statement

(a) Statement of source and uses of funds
(b) Fund received and distributed statement

(c) Fund Debited and Fund Credited

(d) Fund generated and expended statement
Question 9.  Which is not part of  cost of Capital

(a) Cost of Debt
(b) Cost of Equity Share Capital

(c) Cost of Preference Share Capital

(d) Cost of average capital

Question 10. Which is not part of Capital Budgeting

(a)  External Rate of Return

(b) NPV

(c) IRR

(d) Pay back period (e) Profitability Index

  Did you write the answer in your copy, check its correct answer at here






access account accountant Accounting accounting definitions accounting ebook Accounting education accounting procedure accounting process outsourcing Accounting Software advance advertising africa Amalgamation amendments announcements Annuity assets audit auditing Australia B.Com. balance sheet bank Bank reconciliation banking basic accounting BBA benefits best bill black money blog bloggers book keeping bookkeeping Branch Accounting - full tutorial budget Budget variance business businessman CA calculator canada capital capital budgeting career cash cash book cash flow statement Chiense children china class coaching coins college commerce commerce students company computer computer accounting conference Contact vinod kumar Control Your Spending corporate accounting cost cost accounting cost center cost centre CPA credit credit card cs currency data Debit and credit debit cards debt debtor degree depletion depreciation Diwali Messages documents dollar domain Downloads Dubai e-accounting earning education Education Loans email employee EPF ERP euromoney examination excel excise duty expenses facebook factor of loan fans feature fifo FII fiji finacle finance Financial financial accounting fire insurance flickr flow forensic forex formula france fraud free fun function fund GAAP GDP gdr germany gold goodwill goodwill accounting google google apps Google Adsense google apps google base google buzz google calendar Google docs google finance google fusion tables google talk govt. GST guide health Hindi Hindi Language history holding company How to treat FBT in Tally 9 HRA ICAI ICAWI ICICI Bank IFRS income income statement Income Tax India indian railway Indonesia inflation inflation accounting infographics information inspiration insurance insurance accounting Intangible interest international Internet Introduction of Tally 9 inventory investment investment in Shares invoice IT Japan Job costing journal entries Journal Entries eBook Help Kalculate keyboard kindle kuwait laptop law LBT learning lease lecture ledger leducation Leverage Analysis liabilities lifo linkedin loan logical point loss loss of profit M.Com. m.phil malaysia management accounting manual accounting manufacturing account market marketing mastercard material MBA MCA media migration mobile money ms word ms. excel multi currency in tally 9 Multicurrency Accounting mutual fund national security new and sacrifice ratio new york times new zealand news NGO nonprofit-accounting North Georgia Mountains NPV NSE odbc office oman online application online accounting Online Accounting Course otcei pakistan parents Partnership pay pal pdf Personal Finance pie chart pie chart of income pnb podcast ppf presentation price privacy policy prize money prof. vinod kumar profit profit and loss account project management provision purchase puzzles quickbooks Quote quotes quotes of svtuition rating agency ratio analysis RBI readers real estate rectification of errors remote control reports reserves responsibility accounting retirement revenue Revenue reserves review risk rupees salary sale saudi arabia saving sbi scholarship school SEBI security service tax share share trading Shares shri lanka singapore sms social accounting society solution South Africa stock stock exchange structure student students study subsidiary company svtuition swiss bank tally tally 9 Tally 7.2 Tally 9 Tally.ERP 9 tanzania tax Tax Accounting TDS teacher teaching technology test testimonial testimonials thailand tips trading trading on equity transaction trend trial balance truthfulness tuition twitter UAE UGC - NET Commerce UK United Arab Emirates university usa valuation VAT Video Voucher and vouching Wealth wikipedia working capital youtube
Accounting Education: Management Accounting Test Online
Management Accounting Test Online
Accounting Education
Not found any lecture VIEW ALL Continue reading Reply Cancel reply Delete By Home PAGES Lectures View All RECOMMENDED FOR YOU Category ARCHIVE SEARCH ALL Lectures Not found any lecture match with your request, please help to write it and send it to our email at for making this website free accounting and finance encyclopedia. Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock