Management accounting MCQ

Below Management accounting quiz are Multiple Choice Questions (MCQs) type Quiz. These Management accounting MCQ Questions helps you to refresh your Management accounting, you can see the correct option by clicking on it. .
  • 1. Which of the following is not a Branch of Accounting

    • Financial Accounting
    • Money Accounting
    • Cost Accounting
    • Management Accounting
  • 2. A master budget consists of

    • an interrelated long-term plan and operating budgets.
    • financial budgets and a long-term plan
    • interrelated financial budgets and operating budgets.
    • all the accounting journals and ledgers used by a company.
  • 3. The corrective actions after the analysis of variances has to be taken by

    • Cost accountant
    • Management
    • Both a and b
    • None of the above
  • 4. A balance sheet is a form of

    • Dynamic financial reports
    • Static financial reports
    • Activity reports
    • None of the above