BBA Cost Accounting MCQs – Mock Test 186

Budgets and Budgeting Cycle MCQs with Answers PDF Download – Test 186

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Budgets & Budgeting Cycle MCQ – Mock Test 186 PDF Download

MCQ 926: The continuous budget is also known as:

rolling budget
pin budget
specific budget
past budget

MCQ 927: If the flexible budget amount is $26000 and fixed overhead flexible budget variance is $12500, then actual incurred cost would be:

$38,500
$48,500
$58,500
$13,500

MCQ 928: The second step in developing operating budget is to:

identify variable overhead cost
compute the per unit rate
choose the budgeting period
select allocation bases

MCQ 929: According to net present value, the projects that would be acceptable must have a:

negative net present value
zero net present value
positive net present value
both b and c

MCQ 930: The reorder point is divided by number of sold units for per unit of time to calculate:

relevant carrying cost
relevant ordering cost
purchase order lease time
number of purchase orders

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