MBA Cost Accounting MCQs - Chapter 25
Master Budget and Responsibility Accounting Quiz Questions and Answers PDF - 3
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The Quiz: Focus on budget cost of all the activities necessary to sell and produce market offerings is known as; "Master Budget and Responsibility Accounting" App Download iOS & Android (Free) with answers activity based budgeting, cost based budgeting, production based budgeting and raw material budgeting for online accounting masters programs. Study budgets and budgeting cycle quiz questions, download Amazon eBook (Free Sample) for online bachelor degree programs in business administration.
Master Budget & Responsibility Accounting Questions & Answers PDF Download: MCQ Quiz 3
MCQ 11: The focus on budget cost of all the activities necessary to sell and produce market offerings is known as
- cost based budgeting
- activity based budgeting
- production based budgeting
- raw material budgeting
MCQ 12: The budgeted income statement and the supporting budget schedules are categorized under
- focused statement
- slack statement
- budgeted income statement
- operating budget
MCQ 13: If the budget sales units are 5000, the ending inventory is 4000 units and the beginning inventory is 1000, then the budget production will be
- 4000 units
- 5000 units
- 8000 units
- 10000 units
MCQ 14: The budget sales, plus target ending finished goods inventory, minus beginning finished goods inventory is equal to
- budget production
- planned production
- setup production
- stand by production
MCQ 15: The budget, which predicts the effect of given level of operations on a cash position is classified as
- market budget
- price schedule
- planned schedule
- cash budget
MBA Cost Accounting Mock Tests
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Cost Accounting MCQs eBook Download
Financial Markets Mock Tests
MBA Cost Accounting Practice Questions
Financial Markets MCQ with Answers
- Principal value of TIPS is increased or decreased and is based on the measure of
- Consider the call option writing, the probability that a buyer would have
- Interest rate on floating rate Eurobonds is paid
- Coupon payment accrued between last payment and settlement date is classified as
- Factors that can affect nominal interest rates in financial transactions include
- Debentures that are considered as junior bonds as compared to debentures and
Master Budget & Responsibility Accounting MCQ Book Questions
- An act of making sure, that all the employees must understand the goals is classified as
- Mathematical relationships exist between operating and financing activities that affect master budget are called
- If the budget sales units are 2000, an ending inventory is 3000
- What-if technique, which examines changes in results, if original prediction would not be achieved is called
- Factor which provides hedge to managers in adverse and unexpected circumstances is known as
- Centers such as revenue, cost, investment and profit all are known as