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Management Accounting Online Test Out of Our Whole Management Accounting eBook

As a teacher, test of students is great god gift tool in my hand to check what I taught and what you learned. If you written wrong answers it means, it is also my test because there is difference between my teaching and your understanding. I will be failure if you will answers wrong because you did not understand after my teaching. It means, I need to improve my teaching with different methods, so that your score will go high.

Your test will give me the power to carry you to next level of my knowledge or not. If I take test regularly, it will help me to check the performance of my students. If performance is good, I will take the next level because you will be deserve for this.

If my students fails, it will motivate to students what are their weakness. If my students pass the test, it will be reward to my students to grow in this field.

So, come and start the online test of management accounting which I am taking from management accounting ebook. If you have this and you have read it. That is great. If you do not have, then get its one copy from me now.

Q : - 1. Management accounting means

a) to take decisions on the basis of meeting of managers.
b) to take decisions on the basis of financial accounting's financial statements.
c) to show accounting information in such a way that it will be helpful for decision making.
d) to take decisions on the basis of the order of CEO.

Q: -2. Is Budgetary control tool of 

a) financial accounting
b) Economics
 c) management accounting
 d) Statistics

Q : - 3. Liability side of balance sheet is 

a) Application of funds
b) No use of funds
c) Source of funds
d) Misuse of funds

Q :- 4. How to analyze financial statements 

a) By reading it
b) By taking decisions on basis of it.
c) By calculating different accounting ratios of past and current year and give interpretation of facts
d) By throw it from window.

Q :- 5. Formula of EPS is 

a) EPS =Profit after tax and pref.dividend /  no. of pref. shares    
b) EPS =loss after tax and pref.dividend /  no. of equity shares    
c) EPS =Profit after tax and pref.dividend /  no. of equity shares          
d) EPS =Profit before tax and pref.dividend /  no. of equity shares    

Q: - 6 Formula of inventory conversion period is 

a) Inventory turnover ration / 365

b) { Cost of goods sold / inventory  } X 365

c)  { Inventory / Cost of goods sold } X 365

d) { Inventory / 365 } X Cost of goods sold

Q:-7. Formula of Cash Conversion Period is 

a)  = {  inventory conversion period -  receivable conversion period } + payable conversion period
b)  = {  inventory conversion period - receivable conversion period } - payable conversion period
c)  = {  inventory conversion period + receivable conversion period } - payable conversion period
d)  = {  inventory conversion period + receivable conversion period }  X  payable conversion period

Q:- 8. Formula of free cash flow ratio is 

a)  = cash from operations + dividend paid + { purchase value of planned assets + Sale value of planned assets )
b)  = cash from operations - dividend paid +{ purchase value of planned assets - Sale value of planned assets )
c) = cash from operations - dividend paid - { purchase value of planned assets - Sale value of planned assets )
d)   = cash from operations - dividend paid - { purchase value of planned assets + Sale value of planned assets )

Q:- 9. Formula of Proprietary Ratio

a) = Total Current Assets / Total Current liabilities
b) = Total Assets / Total shareholders' fund
c) = Total shareholders' fund / Total Assets
d) = Total Current liabilities / Total current assets

Q:- 10 Formula of Return on Investment is 

a)  =  {  Total Investment X Net Profit  }X 100
b)  =  { Total Investment / Net Profit }X 100
c) =  { Net Profit / Total Investment }X 100
d)  =  { Net Profit X Total Investment }X 100

If you want to clear this test, you need to get our Management Accounting eBook or Enroll Our Online Accounting Course.




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Accounting Education: Management Accounting Online Test Out of Our Whole Management Accounting eBook
Management Accounting Online Test Out of Our Whole Management Accounting eBook
Accounting Education
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