BBA: Finance Courses

Chapter 25: MBA Cost Accounting Exam Tests

MBA Cost Accounting MCQs - Chapter 25

# Master Budget and Responsibility Accounting Multiple Choice Questions (MCQ) PDF - 1

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The Multiple Choice Question (MCQ Quiz) Budgeting method, which incorporates an improvement anticipated in budgeting period into budget numbers, can be classified as: number budgeting, anticipated budgeting, predict budgeting and kaizen budgeting with "Master Budget and Responsibility Accounting" App Download (Free) for online bachelor's degree in business management. Solve kaizen budgeting quiz questions, download Google eBook (Free Sample) for online business degree.

## Master Budget & Responsibility Accounting MCQ Quiz : Test 1

MCQ 1: The budgeting method, which incorporates an improvement anticipated in budgeting period into budget numbers, can be classified as

A) anticipated budgeting
B) number budgeting
C) predict budgeting
D) kaizen budgeting

MCQ 2: The part of the master budget, which covers the capital expenditures, budgeted statement of cash flows and balance sheets are classified as

A) financial budget
B) capital budget
C) cash flows budget
D) balanced budget

MCQ 3: The third step in developing operating budget is

A) analysis of batches
B) analysis of batches
C) analysis of products

MCQ 4: The cost influences by the responsibility center manager who is considered as

A) manager cost
B) influential cost
C) center cost
D) controllable cost

MCQ 5: If the indirect manufacturing labor is \$20000, power cost is \$5000, maintenance and supplies are of \$10000 then the manufacturing budget will be

A) \$5,000
B) \$35,000
C) \$15,000
D) \$45,000

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