An availability of financial information, to oversee operations and system of accounting is known as ____________?

Related Mcqs:

1. The type of accounting which measures, reports and analysis of the non-financial and financial information to help in decision making is called _____________?

   A. financial accounting
   B. management accounting
   C. cost accounting
   D. decision accounting

2. The type of accounting, which reports financial and non-financial data about the cost of material and acquiring of resources is classified as ____________?

   A. material accounting
   B. cost accounting
   C. supplies accounting
   D. business accounting

3. An accounting which records and measures the business transactions and is followed by generally accepted accounting principles is classified as ____________?

   A. external accounting
   B. internal accounting
   C. business accounting
   D. financial accounting

4. In cost accounting, the financial way of charging price for product above the cost, of acquiring or producing the goods is known as ___________?

   A. sales margin
   B. cost margin
   C. Gross margin
   D. income margin

5. The capacity of the operations in company, which does not consider shutdown periods and interruptions, in operations is considered as ________?

   A. normal capacity
   B. theoretical costing
   C. standard capacity
   D. actual capacity

6. In process costing method, when the work done in current accounting period, and beginning inventory before current accounting period, is classified as _________?

   A. partial inventory costing method
   B. current period inventory method
   C. Last-in, first-out method
   D. First-in, first-out method

7. An availability of after sale support, to the existing or potential customers in value chain analysis is known as ___________?

   A. customer services
   B. utility services
   C. resource services
   D. acquiring services

8. The type of accounting, which focuses on whom should be asked for information and whom not, will be categorized as ____________?

   A. focused accounting
   B. responsibility accounting
   C. information accounting
   D. blame accounting

9. An officer responsible for financial operations of organization is considered as ___________?

   A. chief financial officer
   B. chief manager
   C. chief line function
   D. chief staff function

10. In financial accounting, the investors, banks, suppliers and government agencies are classified as _____________?

    A. external parties
    B. internal parties
    C. environmental parties
    D. transactional parties