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Corporate Accounting MCQ

Logo of telegram channel atccma — Corporate Accounting MCQ C
Logo of telegram channel atccma — Corporate Accounting MCQ
Channel address: @atccma
Categories: Education
Language: English
Subscribers: 4.77K
Description from channel

Join this Telegram Channel for Regular CMA MCQs by Amit Talda Sir
CMA Revision Series
https://bit.ly/2T27Rm3

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The latest Messages 24

2021-11-28 05:02:43
In cash flow statement, proceeds from sales of an asset will be considered as:
Anonymous Quiz
50%
Investing activity
19%
Financing activity
30%
Operating activity
1%
None of the above
204 voters292 views02:02
Open / Comment
2021-11-28 05:02:10
Working capital will not change if there is:
Anonymous Quiz
13%
Increase in current assets
66%
Payment to the creditors
15%
Decrease in current liabilities
6%
Decrease in current assets
193 voters299 views02:02
Open / Comment
2021-11-28 05:01:39
…………………. is the method of assigning the organization’s resources through activities performed to produce the products.
Anonymous Quiz
7%
Historical Costing
10%
Absorption Costing
74%
Activity Based Costing
9%
Marginal Costing
184 voters292 views02:01
Open / Comment
2021-11-27 04:16:26
Interest coverage ratio is obtained by dividing EBIT by –
Anonymous Quiz
28%
Sales
6%
Tax
55%
Interest
12%
Interest + Principal
397 voters631 views01:16
Open / Comment
2021-11-27 04:15:53
Section ___________ of the Companies Act, 2013 gives the cost auditor same power as the financial auditor has under section ________________ of the Companies Act, 2013.
Anonymous Quiz
48%
148, 143
34%
143, 148
11%
147, 148
7%
143, 144
362 voters621 views01:15
Open / Comment
2021-11-27 04:15:19
Which one of the following would not form part of master budget —
Anonymous Quiz
22%
Cash budget
17%
P & L Statement
32%
Statement of Financial Position
29%
None of the above.
361 voters585 views01:15
Open / Comment
2021-11-26 18:15:11
The budgeting system designed to change in relation to level of activity actually attained is known as –
Anonymous Quiz
9%
Fixed budgeting
62%
Flexible budgeting
21%
Performance budgeting
8%
Functional budgeting
230 voters353 views15:15
Open / Comment
2021-11-26 18:14:09
As per AS – 3, Cash includes ……………………..
Anonymous Quiz
17%
Cash in hand and demand deposit with banks
2%
Term deposit with bank
14%
Short term highly liquid investment readily convertible into cash
68%
Both (a) & (b)
237 voters367 views15:14
Open / Comment
2021-11-26 18:13:13
The voting power in respect of shares with the differential rights of the company shall not exceed ______________ of total voting power including voting power in respect of equity shares with differential rights issued at any point of time;
Anonymous Quiz
24%
26%
15%
49%
44%
74%
17%
75%
227 voters359 views15:13
Open / Comment
2021-11-26 17:53:53

464 views14:53
Open / Comment