18-9-SA-V1-S1 mcq ra PDF

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 Unit–5  Module–9 

ResponsibilityAccounting 

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MultipleChoice Questions    

1. Theresponsibilityaccountingstresseson_________ a. Decentralization b. Centralization c. Both(a)&(b) d. Noneofthese  2. Inresponsibilityaccountingsystem… a. Budgetsareprepared b. Actualperformanceisrecorded c. Theperformanceisreported d. Alloftheabove  3. Theresponsibilityaccountingemphasizestheperformanceof____ a. System b. Men c. Both d. Noneofthese  4. Theresponsibilityaccountingisalsocalled… a. Profitabilityaccounting b. Activityaccounting c. Both d. Noneofthese  5. Theresponsibilityaccountingisthepartof… a. Financialaccounting b. Managementaccounting c. Mechanizedaccounting d. Noneofthese    

6. Theresponsibilityaccountingisacontrollingtoolfor… a. Top‐levelmanagement b. Lowerlevelmanagement c. Middlelevelmanagement d. Noneofthese  7. Whichofthefollowingsystememphasizesoncostcontrol? a. costaccounting b. responsibilityaccounting c. financialaccounting d. noneofthese  8. Theresponsibilitycentrescomeundertheresponsibilityof.. a. Costaccountants b. Managementaccountant c. Responsibilitymanagers d. Auditor  9. Thesubdivisionofresponsibilitycentreis… a. Expensecentre b. Profitcentre c. Investmentcentre d. Alloftheabove  10.Theaccountingdepartmentinanorganizationis… a. Investmentcentre b. Expensecentre c. Profitcentre d. Alloftheabove    

11.Whatisthemainadvantageofresponsibilityaccounting? a. Improvesperformance b. Itfixesresponsibility c. Helpfulindecisionmaking d. Alloftheabove  12.Theresponsibilityaccountingisasystembywhichtheresponsibilityis assignedtotheconcernedpersons… a. Toincreasesales b. Tocontrolcash c. Toincreaseproduction d. Alloftheabove  13.Theresponsibilityaccountingemphasizestheperformanceof… a. Men b. System c. Both d. Noneofthese  14.Accordingtoresponsibilityaccounting,theentireorganizationisdivided intovarious… a. Businesscentre b. Profitcentre c. Responsibilitycentre d. Noneofthese  15.Thecontributionofaccountingdepartmentinanorganization‐‐‐‐ a. Cannotbemeasuredinmonetaryterms b. Canbemeasuredinmonetaryterms c. Mayormaynotbemeasuredinmonetaryterms d. Noneofthese 

16.Itmaynotbe______tomeasureexactlytheoutputofservicedepartments inanorganization a. Feasible b. Necessary c. Either(a)or(b) d. Noneofthese  17.Inresponsibilitycentre,theoutputiscalledas… a. Revenue b. Costs c. Both d. None  18.Iftheresponsibilitycentregetsmorerevenuefromoutput,thenitis called… a. Investmentcentre b. Costcentre c. Profitcentre d. Expensecentre  19.Internaltransferofprocessatprofit_________ofthecompany a. Willnotincreasetheasset b. Willincreasetheasset c. Can’tsay d. Inadequateinformation  20.Thedeterminationofactualvalueofassetsemployedinaresponsibility centreis… a. Easy b. Can’tdetermine c. Difficult d. Notnecessary...