Question : The Management is interested to know, from financial statement analysis: 

Option 1: Liquidity.

Option 2: Efficiencies.

Option 3: Profit.

Option 4: None of the above

Question : Which of the following statement is incorrect regarding the financial management?
 

Option 1: Financial management aims to reduce the cost of funds procured.
 

Option 2: Financial management lacks in availability of funds as and when required.
 

Option 3: Financial management achieve effective investment of such funds.

 

Option 4: None of the above

Question : Statement 1: Management is the process of achieving organizational goals.

Statement 2: Management is limited to profit-oriented organizations.

Option 1: Both statements are true
 

Option 2: Both are incorrect
 

Option 3: Statement 1 is true, and Statement 2 is false.

Option 4: Statement 1 is false, and Statement 2 is true.

Question : Which of the following statement is correct?
Statement 1- Management in action is the directing function of management.
Statement 2- Monitoring function is the controlling function of management.
 

Option 1: Both are true 
 

Option 2: Both are false 
 

Option 3: Statement 1 is true and statement 2 is false.
 

Option 4: Statement 2 is true and statement 1 is false.
 

Question : Statement 1: In management accounting, data from cost accounting and financial accounting are both used.
Statement 2: Therefore, a suitable system is required to combine cost accounts and financial accounts.

Option 1: Both the statements are true

Option 2: Both the statements are false

Option 3: Statement 1 is true and statement 2 is false

Option 4: Statement 1 is false and statement 2 is true