$1............................$Accounting is concerned with measurement of the cost and value of people for the organization.

a$.$ Financial Accounting

b$.$ Management Accounting

c$.$ Corporate Accounting

d$.$ Human resource Accounting

$2.$ The important objective of $........................$ accounting is to organize the

accumulated financial data into meaningful information.

a$.$ Financial Accounting

b$.$ Management Accounting

c$.$ Corporate Accounting

d$.$ Human resource Accounting

$3...........................$ accounting is the adoption and analysis of accounting information and its diagnosis and explanation in such a way so as to assist the decision $-$makers.

a$.$ Financial Accounting

b$.$ Management Accounting

c$.$ Corporate Accounting

d$.$ Human resource Accounting

$4.$ Planning is that function of $.........................$ which requires an efficient system of decision $$ making. a$.$ Finance

b$.$ Management

c$.$ Human resources

d$.$ Administration.

$5.$ Financial $................$ ensures effective utilization of available financial resources in the long period. a$.$ Accounting

b$.$ Planning

c$.$ Management d$.$ Administration.

$6.........................$costs are pre$-$determined targets against which actual results are evaluated. a$.$ Marginal

b$.$ Standard c$.$ Actual

d$.$ Budgeted

$7.$ Financial Accounting data is primarily meant for $.....................$

a$.$ External users

b$.$ Internal users

c$.$ Employees

d$.$ Bank

$8.$ Cost Accountant should report to the $...............$management.

a$.$ Top

b$.$ Middle.

c$.$ Administration d$.$ Lower

$9.$ The transaction which increase working capital are $...............$ of funds a$.$ Sources

b$.$ Application c$.$ Utilization d$.$ Diversion

$10.$ Management accounting begins where................... accounting ends.

a$.$ Financial Accounting

b$.$ Management Accounting

c$.$ Cost Accounting

d$.$ Human resource Accounting

$11.$ The term contribution refers to $\_\_\_\_$

a$.$ The difference between selling price and fixed cost

b$.$ The difference between selling price and variable cost

c$.$ Profit

d$.$ None of these

$12.$ Marginal costing technique helps the management in deciding $\_\_\_\_\_$

a$.$ Pricing

b$.$ To accept fresh orders at low price

c$.$ To make or buy

d$.$ All of the above

$13.$ The other name of marginal costing is $\_\_\_\_\_\_\_$

a$.$ Direct costing

b$.$ Variable costing

c$.$ Incremental costing

d$.$ All of the above

$14.$ The term gross margin refers to $\_\_\_\_\_\_\_$

a$.$ Total profit

b$.$ Contribution

c$.$ Profit before tax

d$.$ Profit before interest and tax

$15.$ Sales $100,000$ Riel, variable cost $50,000$ Riel and net profit ratio is $10\%$ on sales, then the fixed costs are:

a$.50,000$ Riel

b$.40,000$ Riel

c$.20,000$ Riel

d$.$ The data inadequate

$16.$ Profit volume ratio establishes the relationship between $\_\_\_\_\_\_\_$

a$.$ Contribution and profit

b$.$ Fixed cost and contribution

c$.$ Profit and sales

d$.$ Contribution and sales value

$17.$ Contribution to sales is equal to $\_\_\_\_\_\_\_$

a$.$ Profit to Volume ratio

b$.$ Net profit ratio

c$.$ Break$-$even Point $($BEP$)$

d$.$ Earnings Per Share $($EPS$)$

$18.$ The profit of an undertaking is affected by $\_\_\_\_\_\_\_$

a$.$ Selling price of the products

b$.$ Volume of sales

c$.$ Variable cost per unit and total fixed cost

d$.$ All of the above

$19.$ The profit at which total revenue is equal to total cost is called $\_\_\_\_\_\_$

a$.$ Break$-$even Point $($BEP$)$

b$.$ Margin of safety

c$.$ Break even analysis

d$.$ None

$20.$ The break$-$even chart helps the management in $\_\_\_\_\_\_$

a$.$ Forecasting costs and profits

b$.$ Cost control

c$.$ Long term planning and growth

d$.$ All of the above

$21.$ Break even chart presents only cost volume profits. It ignores other considerations such as $\_\_\_\_\_\_\_\_$ a$.$ Capital

b$.$ Marketing aspects

c$.$ Government policy

d$.$ All of the above