1- Financial Accounting is done for the benefitof……………………………………
Creditors
Government
All of the above
Investors
2-
Wages paid to factory workers is an example of …………………………………
Group of answer choices
Indirect Cost
Period Cost
Direct Cost
None of the above
3-
Manufacturing Overheads are an example of…………………………………………….
Group of answer choices
None of the above
Period Cost
Product Cost
Direct Cost
4- Budgeting is an integral partof………………………………………………………………….
Group of answer choices
Managerial Accounting
Forensic Accounting
Financial Accounting
Responsibility Accounting
5- The inventory valuation technique in which the inventorypurchased later will be used first is called………………………………………….
Group of answer choices
Average Cost
Specific Cost
LIFO
FIFO
6-Administrative expenses belong to thecategory……………………………………………………………………
Group of answer choices
Product Cost
Period Cost
None of the above
Direct Cost
7- The information of the company must not be shared by themanagement accountant with the external parties is covered underthe ethical code……………………………………………………….
Group of answer choices
Credibility
Integrity
Confidentiality
Competence
10 - The Inventory valuation technique suitable for articleswhich have unique identification code iscalled......................
Group of answer choices
LIFO
Specific Cost
Average Cost
EOQ
