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BBA Cost Accounting MCQs (BBA Finance) From Textbook

BBA Cost Accounting MCQs – Practice Test 1 (Chapter 6)

Budgeting and Accounting MCQs with Answers PDF Download – Test 1

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Budgeting & Accounting MCQs – Practice Test 1 PDF Download

MCQ 1: The difference between the budgeted amounts and the actual results is classified as:

  1. standard deviation
  2. variances
  3. mean average
  4. weighted average

MCQ 2: A manager who is responsible for only the cost of the company belongs to:

  1. cost center
  2. revenue center
  3. profit center
  4. investment center

MCQ 3: A manager, who is responsible for the both cost and revenues belong to the department of:

  1. cost center
  2. revenue center
  3. profit center
  4. investment center

MCQ 4: The larger number of manager subordinates and the higher level manager are termed as:

  1. activity subordinates
  2. broader responsibility center
  3. broader subordinates
  4. activity ordinates

MCQ 5: An assignment of task for managers, who are accountable for their actions in controlling and budgeting of resources is classified as:

  1. coordinating the company effort
  2. action plan
  3. action accountability
  4. project accountability

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