Management, Financial and Cost Accounting Multiple Choice Questions (MCQ) PDF Download

MCQ 1: In financial accounting, the investors, banks, suppliers and government agencies are classified as

1. external parties
2. internal parties
3. environmental parties
4. transactional parties

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

1. material accounting
2. cost accounting
3. supplies accounting
4. business accounting

MCQ 3: An approach in which the managers use the resources to increase customer value is classified as

1. help management
2. cost management
3. past management
4. future management

MCQ 4: The type of accounting which reports to external parties of the organization is known as

1. cost accounting
2. decision accounting
3. financial accounting
4. management accounting

MCQ 5: In financial accounting, an emphasis and focus is considered as

1. communication oriented
2. bank oriented
3. future oriented
4. past oriented