CMA
TOPIC - COST & MANAGEMENT ACCOUNTING
1. Decision-marking
concerns with:
A. Past
B. Future
C. Past and Future both
D. None of the above
2. A large Margin of
Safety indicates
A. Over-Capitalization
B. The soundness of business
C. Over Production
D. None of the above
3. Revision of
budgets is
A. Unnecessary
B. Cannot determine
C. Necessary
D. Inadequate data
4. Which of the
following operating measures would a manager would like
to see decreasing over time?
A. Merchandise
Inventory Turn-over
B. Total quality cost
C. % of on-time deliveries
D. Finished Goods
Inventory Turn-over
5. Which of the
following departments is most likely responsible for a
Price Variance in Direct Materials?
A. Warehousing
B. Receiving
C. Purchasing
D. Production
6. Another name for
the 'Learning Curve' is
A. Exponential Curve
B. Growth Curve
C. Production Curve
D. Experience Curve
TOPIC - FINANCIAL
MANAGEMENT
1.
Which of the following is a
Profitability Ratio?
A.
Proprietary Ratio
B.
Debt-Equity Ratio
C.
Price-Earning Ratio
D.
Fixed Asset Ratio
2.
Which of the following is not a
source of fund?
A.
Issue of Capital
B.
Issue of Debenture
C.
Decrease in Working Capital
D.
Increase in Working Capital
3.
β (Beta) of a security measures
its
A.
Divisible Risk
B.
Financial Risk
C.
Market Risk
D.
None of the above
4.
The following is not a
Discounted Cash Flow Technique:
A.
NPV
B.
PI
C.
Accounting of Average Rate of Return
D.
IRR
5.
The 'Dividend-Payout Ratio' is
equal to
A.
The Dividend yield plus the
capital gains yield
B.
Dividends per share divided by Earning
per Equity Share
C.
Dividends per share divided by
par value per share
D.
Dividends per share divided by
current price per share
6.
If EBIT = `
1,00,000, Fixed Assets = ` 2,00,000, Sales = ` 10,00,000
and
Variable Cost = ` 7,00,000.
Then, the Operating Leverage will be
A.
2
B. 3
C.
6
D.
4