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