Accounting for managers mcq with answer for amity online

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MCQ of Accounting for Managers of MBA

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Syllabus of MBA Accounting for management

Module I: Introduction to Financial
Accounting Nature of Accounting, Branches of Accounting, Types of ownership- Capital Structure , GAAPConcepts and Conventions, Accounting Cycle, Recording of transactions: journalizing, ledger posting, preparation of Trial Balance.

Module II: Preparation of Financial Statements
Preparation of Companies Financial Statements: as per Revised Schedule III Income Statement Balance Sheet Accounting for Depreciation, Accounting for Dividend and Retained Earnings, Statement of changes in equity.

Module III: Analysis of Financial Statements
Comparative Financial Statement: Trend Analysis, Inter Firm Comparison Common Size, Ratio Analysis and Cash flow Statement as Per AS-3.

Module VI: Introduction to Cost & Management Accounting
Cost Classification, Preparation of cost sheet. Marginal Costing and Cost Volume Profit Analysis, Valuation of Inventory, Variance Analysis Material and Labour Budgeting-Fixed & Flexible

Module V: Latest Development Trends & Practices
Introduction to financial Software for analysis: Excel and Prowess , Human Resource Accounting, Inflation Accounting IFRS Framework,.