BBA Cost Accounting Quiz App | Master Budget and Responsibility Accounting Quiz e-Book PDF | 3
BBA Cost Accounting MCQs (BBA Finance) From Textbook

BBA Cost Accounting Certification MCQs – Practice Test 3 (Chapter 25)

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The "Master Budget and Responsibility Accounting Quiz" App Download (iOS & Android): Budgeted income statement and the supporting budget schedules are categorized under; MCQ with answers: slack statement, focused statement, budgeted income statement, and operating budget. Study Financial Perspective: Costs of Quality Quiz Questions, download Google Book (Free Chapter) for commerce virtual classes.

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MCQ 11: The focus on budget cost of all the activities necessary to sell and produce market offerings is known as:

  1. cost based budgeting
  2. activity based budgeting
  3. production based budgeting
  4. raw material budgeting

MCQ 12: The budgeted income statement and the supporting budget schedules are categorized under:

  1. focused statement
  2. slack statement
  3. budgeted income statement
  4. 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:

  1. 4000 units
  2. 5000 units
  3. 8000 units
  4. 10000 units

MCQ 14: The budget sales, plus target ending finished goods inventory, minus beginning finished goods inventory is equal to:

  1. budget production
  2. planned production
  3. setup production
  4. stand by production

MCQ 15: The budget, which predicts the effect of given level of operations on a cash position is classified as:

  1. market budget
  2. price schedule
  3. planned schedule
  4. cash budget

BBA Cost Accounting Quiz App & e-Book – Master Budget & Responsibility Accounting Certification Guide

Inventory Management, Just in Time and Costing Methods MCQs
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Decision Making Process and Information MCQs
Department Costs, Common Costs and Revenues MCQs
Budgeting and Accounting MCQs
Capacity Analysis and Inventory Costing MCQs
Master Budget and Responsibility Accounting MCQs
Balanced Scorecard: Quality, Time and Theory of Constraints MCQs

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