Accounting MCQs

1590 MCQs  (Page 66 of 159)

Some of the methods used for determining transfer prices are ___________?
A. Market-based transfer prices
B. Cost-based transfer prices
C. Negotiated transfer prices
D. All of above
The maximum freedom for managers and minimum constraints are the main features of ___________?
A. Total autonomy
B. Total centralization
C. Total decentralization
D. Total congruency
The means of collecting and using information, to coordinate decision and planning through an organization are termed as _____________?
A. Customer control system
B. Business control system
C. Financial control system
D. Management control systems
The continuous pressure of reducing the cost of products to be sold, is classified as ____________?
A. Supply efficiency
B. Material affectivity
C. Processing effective
D. Cost and efficiency
The purpose of financial accounting is ___________?
A. Communicating company position to investors
B. Helping managers make decisions
C. Future oriented
D. Single person orientation