Bachelor Of Business Administration

Cost Accounting MCQs

BBA: Cost Accounting MCQs - Subtopic

Budgets and Budgeting Cycle MCQ with Answers

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Cost Accounting App (Google Play Store)Cost Accounting App (Apple App Store)

Budgets and Budgeting Cycle Multiple Choice Questions (MCQ) to practice budgets and budgeting cycle quiz answers PDF, cost accounting worksheets for online degrees. Solve master budget and responsibility accounting Multiple Choice Questions and Answers (MCQs), "Budgets and Budgeting Cycle" quiz questions and answers for accredited online business schools. Learn budgets and budgeting cycle, responsibility and controllability test prep for online BBA degree.

"The part of the master budget, which covers the capital expenditures, budgeted statement of cash flows and balance sheets are classified as" Multiple Choice Questions (MCQ) on budgets and budgeting cycle with choices financial budget, capital budget, cash flows budget, and balanced budget for accredited online business schools. Solve budgets and budgeting cycle quiz questions for merit scholarship test and certificate programs for online business and management degree.

MCQs on Budgets and Budgeting Cycle

1.

The part of the master budget, which covers the capital expenditures, budgeted statement of cash flows and balance sheets are classified as

financial budget
capital budget
cash flows budget
balanced budget

2.

The third step in developing operating budget is

analysis of batches
analysis of batches
analysis of products
making predictions about future

3.

If the indirect manufacturing labor is $20000, power cost is $5000, maintenance and supplies are of $10000 then the manufacturing budget will be

$5,000
$35,000
$15,000
$45,000

4.

The last step in developing operating budget is

implementing income
implementing the decision
efficient implementation
effective implementation

5.

In master budgeting, the cost drivers for manufacturing overhead costs are

direct manufacturing labor-hours
setup labor-hours
budgeted labor-hours
both a and b

More Subtopics from Cost Accounting

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Cost Accounting Chapters
Activity based Costing and Management MCQsManagement Control Systems and Multinational Considerations MCQsCost Allocation: Joint Products and Byproducts MCQsBasics of Accounting MCQsPerformance Measurement, Compensation and Multinational Considerations MCQsOverhead Cost Variances and Management Control MCQsDepartment Costs, Common Costs and Revenues MCQs
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Cost Accounting Questions
The part of the master budget, which covers the capital expenditures, budgetedAn approach used for choosing capacity level, having no beginning inventory, is classified asIf the actual input price is $150 and the budgeted input priceThe difference between the budgeted amounts and the actual results is classified asThe standard input allows one unit, to be divided by standard costAn approach in which the company under-costs it's one product and over-costs