Kaizen Budgeting Quiz with Answers PDF Download – Test 213

MCQ 1061: The significant feature of Kaizen Budgeting is:

1. employee suggestion
2. customer suggestion
3. cost suggestion
4. price suggestion

MCQ 1062: The machine budgeted time standards are set too tight, is the possible cause for:

1. priced budget
2. exceeding budget
3. fixed budget
4. variable budget

MCQ 1063: The wages paid to workers of the factory are termed as:

1. workers premium
2. overtime premium
3. factory premium
4. wage premium

MCQ 1064: The per unit opportunity cost to the selling subunit of company, is added into per unit incremental cost is incurred at point of transfer to calculate:

1. minimum operating cost
2. maximum operating costs
3. maximum transfer price
4. minimum transfer price

MCQ 1065: In costing and budgeting hierarchy, an example of product sustaining cost is:

1. initial offering cost
2. batch marketing cost
3. product marketing cost
4. product design cost