Advanced Management Accounting mcq set 1

1. The business environmental factors are ___A. StaticB. DynamC. C. Both of the aboveD. None of the above AnswerB. Dynam 2. The control ratios used by the management to know whether the deviations of the actual performance from the budgeted performance are favourable or unfavourable are ___A. Capacity ratio and calendar ratio.B. Efficiency ratio and…

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