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Cost and Management Accounting (CMA) MCQs: 172 Questions & Answers in Faculty

172 Cost and Management Accounting (CMA) MCQs in Faculty with answers & explanations. Page 5. Practice objective questions for competitive exams, interviews… Use the answer toggle below to show or hide all solutions, tap an option to check one question, or open a question for its own page.

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Cost and Management Accounting (CMA) MCQs: 172 Questions & Answers in Faculty

Margin of Safety is the difference between .

P/V Ratio is an indicator of .

Contribution margin is equal to .

Period costs are .

Contribution margin is also known as .

Absorption costing differs from marginal costing is the .

One of the primary differences between marginal costing and absorption costing regarding the treatment of .

Production cost under marginal costing includes .

Depreciation on fixed assets is .

Principle’ for preparation of working capital statement -Decrease in current Liability .

Opening stock + purchases + direct expenses – closing stock =

Inventory or stock turnover ratio is also called .

. Turnover ratio is also known as .

The ratio shows the preference dividend as a proportion of profit available for shareholders is .

The ratio establishes the relationship between profit before interest and tax and fixed interest charges is.

The ratio which shows the proportion of profits retained in the business out of the current year’s profits is

Return on equity is also called

The ratios which reflect managerial efficiency in handling the assets is.

Selling and distribution expenses can be charged on the basis of .

Office and administrative expenses can be charged on the basis of .

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