Institute of Cost Accountants of India Quiz
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Questions and Answers

What is the vision pursued by the Institute of Cost Accountants of India?

  • Cost competitiveness, resource management, and strategic approach to cost accounting (correct)
  • Market expansion, product diversification, and customer satisfaction
  • Profit maximization, cost efficiency, and revenue generation
  • Budgeting, financial analysis, and risk management

Where is the headquarters of the Institute of Cost Accountants of India located?

  • Delhi
  • Chennai
  • Mumbai
  • Kolkata (correct)

What is the Institute's role in regulating the profession of Cost and Management Accountancy?

  • Evaluating operating efficiency and strategic management
  • Organizing professional development programs and undertaking research programs
  • Setting up regional councils and chapters in important cities
  • Enrolling students for courses and providing coaching facilities (correct)

How many members does the Institute of Cost Accountants of India have globally?

<p>90,000 (D)</p> Signup and view all the answers

What is the specialized knowledge of the professionals associated with the Institute known as?

<p>&quot;Cost and Management Accountants (CMAs)&quot; (B)</p> Signup and view all the answers

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