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Sales for desired profit is measured as

A. (Fixed cost + profit) / (P/V Ratio)

B. (Fixed cost + profit) * (P/V Ratio)

C. (Fixed cost - profit) / (P/V Ratio)

D. None of the above

Related Questions on Management Accounting Test Questions

Time value of money indicates that

A. A unit of money obtained today is worth more than a unit of money obtained in future

B. A unit of money obtained today is worth less than a unit of money obtained in future

C. There is no difference in the value of money obtained today and tomorrow

D. None of the above