42. Match the items of the following two lists: List-I List-II a. Statement of changes in working capital 1. Cash flow statement b. Deferred tax 2. Fixed assets c. Three activities 3. Funds flow statement d. Impairment loss 4. Balance sheet

a-1, b-2, c-3, d-4
a-3, b-4, c-2, d-1
a-3, b-4, c-1, d-2
a-4, b-3, c-1, d-2

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Funds flow statement d. Impairment loss 4. Balance sheet" class="read-more button" href="https://exam.pscnotes.com/mcq/match-the-items-of-the-following-two-lists-list-i-list-ii-a-statement-of-changes-in-working-capital-1-cash-flow-statement-b-deferred-tax-2-fixed-assets-c-three-activities-3-funds-flow-statement/#more-59334">Detailed SolutionMatch the items of the following two lists: List-I List-II a. Statement of changes in working capital 1. Cash flow statement b. Deferred tax 2. Fixed assets c. Three activities 3. Funds flow statement d. Impairment loss 4. Balance sheet

43. Warehousing cost is an item of:

office overhead
distribution overhead
material cost
works overhead

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button" href="https://exam.pscnotes.com/mcq/warehousing-cost-is-an-item-of/#more-59330">Detailed SolutionWarehousing cost is an item of:

44. Match the following. List-I List-II a. Earning ability of firm 1. Basis of accounting b. Conservatism 2. P/V ratio c. Cash profit 3. Cash flow statement d. Cash and accrual 4. Prudence

a-2, b-4, c-3, d-1
a-2, b-1, c-4, d-3
a-3, b-4, c-1, d-2
a-3, b-4, c-2, d-1

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6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z"/> Subscribe on YouTube 1. Basis of accounting b. Conservatism 2. P/V ratio c. Cash profit 3. Cash flow statement d. Cash and accrual 4. Prudence" class="read-more button" href="https://exam.pscnotes.com/mcq/match-the-following-list-i-list-ii-a-earning-ability-of-firm-1-basis-of-accounting-b-conservatism-2-p-v-ratio-c-cash-profit-3-cash-flow-statement-d-cash-and-accrual-4-prudence/#more-59317">Detailed SolutionMatch the following. List-I List-II a. Earning ability of firm 1. Basis of accounting b. Conservatism 2. P/V ratio c. Cash profit 3. Cash flow statement d. Cash and accrual 4. Prudence

45. A flexible budget requires careful study and classification of expenses into

Product expenses and period expenses
Past and current expenses
Administrative, selling, and factory expenses
Fixed, semi-variable, and variable expenses

Detailed

SolutionA flexible budget requires careful study and classification of expenses into

46. Material usage variance = standard price (. . . . . . . .)

Standard usage - actual usage
Standard unit price - actual unit price
Standard quantity
Actual quantity

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. .)" class="read-more button" href="https://exam.pscnotes.com/mcq/material-usage-variance-standard-price/#more-59297">Detailed SolutionMaterial usage variance = standard price (. . . . . . . .)

47. If net realizable value is $20000 and separable costs are $18000, then final sales will be

$20,000
$18,000
$2,000
$38,000

Detailed SolutionIf net realizable value is

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$20000 and separable costs are $18000, then final sales will be

48. Relationship between cost and cost drivers is

stationary
not stationary
intrinsic
extrinsic

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button" href="https://exam.pscnotes.com/mcq/relationship-between-cost-and-cost-drivers-is/#more-59289">Detailed SolutionRelationship between cost and cost drivers is

49. Stock Adjustment Account is debited with . . . . . . . . and credited with . . . . . . . .

surplus, shortage of stock
shortage of stock, surplus
excess, loss
None of these

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and credited with . . . . . . . ." class="read-more button" href="https://exam.pscnotes.com/mcq/stock-adjustment-account-is-debited-with-and-credited-with/#more-59275">Detailed SolutionStock Adjustment Account is debited with . . . . . . . . and credited with . . . . . . . .

50. Actual loss is less than the predetermined normal loss, it is ________.

normal loss
abnormal loss
seasonal loss
abnormal gain

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124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z"/> Subscribe on YouTube button" href="https://exam.pscnotes.com/mcq/actual-loss-is-less-than-the-predetermined-normal-loss-it-is-________/#more-59268">Detailed SolutionActual loss is less than the predetermined normal loss, it is ________.

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