Management Accounting - Study Mode
[#261] Factor, which are largely considered in making or buying decisions is
Correct Answer
(D) both a and b
Explanation
Solution: Factor, which are largely considered in making or buying decisions isquality of suppliers and dependability of suppliers .
[#262] Match the following. List-I List-II a. Cost control purposes 1. . . . . . is a predetermined cost b. Standard cost 2. Responsibility accounting fixes responsibility for . . . . . c. Integrates 3. Cost accounting guides future . . . . . d. Production policies 4. Budgeting system . . . . . key managerial
functions.
Correct Answer
(B) a-2, b-1, c-4, d-3
[#263] The difference between fixed and variable cost has a special significance in the preparation of
Correct Answer
(A) flexible budget
[#264] Which of the following are direct expenses?
Correct Answer
(B) Carriage inward
[#265] Cost of production report is
Correct Answer
(A) production process report