Costing

571. Match the following. List-I List-II a. Leverage ratio 1. Short-term solvency b. Liquidity ratio 2. Earning capacity c. Turnover ratio 3. Relationship between debt and equity d. Profitability ratio 4. Efficiency of asset management

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

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Short-term solvency b. Liquidity ratio 2. Earning capacity c. Turnover ratio 3. Relationship between debt and equity d. Profitability ratio 4. Efficiency of asset management" class="read-more button" href="https://exam.pscnotes.com/mcq/match-the-following-list-i-list-ii-a-leverage-ratio-1-short-term-solvency-b-liquidity-ratio-2-earning-capacity-c-turnover-ratio-3-relationship-between-debt-and-equity-d-profitability-ratio-4/#more-51463">Detailed SolutionMatch the following. List-I List-II a. Leverage ratio 1. Short-term solvency b. Liquidity ratio 2. Earning capacity c. Turnover ratio 3. Relationship between debt and equity d. Profitability ratio 4. Efficiency of asset management

573. Responsibility accounting aims to

Ensure the manager is punished if things go wrong
Ensure costs become the responsibility of a specific manager
Reduce the costs a department incurs

Detailed SolutionResponsibility accounting aims to

574. If provision for taxation is treated as a current liability, then payment of tax is

an application of funds
a sources of funds
no flow of funds
None of these

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treated as a current liability, then payment of tax is" class="read-more button" href="https://exam.pscnotes.com/mcq/if-provision-for-taxation-is-treated-as-a-current-liability-then-payment-of-tax-is/#more-51403">Detailed SolutionIf provision for taxation is treated as a current liability, then payment of tax is

575. When is the net present value negative,

the present value of cash outflows is greater than the future value of cash outflows
the future value of cash inflows is greater than the present value of cash outflows
the present value of cash outflows is greater than the present value of cash inflows

Detailed SolutionWhen is the net present value negative,

576. . . . . . . . . arises where the actual process loss is less than the normal predetermined process loss.

Normal loss
Abnormal loss
Abnormal gain
None of these

Detailed Solution. . . . .

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. . . arises where the actual process loss is less than the normal predetermined process loss.

577. Reorder level = ________.

maximum level - minimum level
maximum consumption X maximum reorder period
minimum consumption x minimum reorder period
normal consumption X normal reorder period

Detailed SolutionReorder level = ________.

578. Within relevant range, cost function which cost does not change in narrow ranges of activity is called

fixed cost function
variable cost function
step variable cost function
step fixed cost function

Detailed SolutionWithin relevant range,

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cost function which cost does not change in narrow ranges of activity is called

579. Which of the following items would be specifically included in the statement of cash flows constructed in compliance with AS-3?

Conversion of debt to equity
Acquiring an asset through a lease
Operating and non-operating cash flow information
Purchasing a building by giving a mortgage to the seller

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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 title="Which of the following items would be specifically included in the statement of cash flows constructed in compliance with AS-3?" class="read-more button" href="https://exam.pscnotes.com/mcq/which-of-the-following-items-would-be-specifically-included-in-the-statement-of-cash-flows-constructed-in-compliance-with-as-3/#more-51319">Detailed SolutionWhich of the following items would be specifically included in the statement of cash flows constructed in compliance with AS-3?

580. Match the following. List-I List-II a. Performance budgeting 1. Fixed budget b. Zero base budgeting 2. Production oriented c. Summary of all functional budgets 3. Jimmy Carter d. Remain unchanged irrespective of level of activity actually attained 4. Master budget

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

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of level of activity actually attained 4. Master budget" class="read-more button" href="https://exam.pscnotes.com/mcq/match-the-following-list-i-list-ii-a-performance-budgeting-1-fixed-budget-b-zero-base-budgeting-2-production-oriented-c-summary-of-all-functional-budgets-3-jimmy-carter-d-remain-unchanged-irre/#more-51316">Detailed SolutionMatch the following. List-I List-II a. Performance budgeting 1. Fixed budget b. Zero base
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budgeting 2. Production oriented c. Summary of all functional budgets 3. Jimmy Carter d. Remain unchanged irrespective of level of activity actually attained 4. Master budget

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