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Cost Accounting Quizzes

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Budgets and Budgeting Cycle Interview Questions with Answers PDF p. 186

Budgets and Budgeting Cycle interview questions and answers, budgets and budgeting cycle trivia questions PDF 186 to practice Cost Accounting exam questions for online classes. Practice Master Budget and Responsibility Accounting MCQ questions, budgets and budgeting cycle Multiple Choice Questions (MCQ) for online college degrees. Budgets and Budgeting Cycle Interview Questions PDF: inventory management system, discounted cash flow, variable and fixed overhead costs, fixed overhead cost variances, budgets and budgeting cycle test prep for online business administration degree classes.

"The continuous budget is also known as" MCQ PDF with choices pin budget, rolling budget, specific budget, and past budget for online degrees. Learn master budget and responsibility accounting questions and answers to improve problem solving skills for online classes business administration.

Trivia Quiz on Budgets & Budgeting Cycle MCQs

MCQ: The continuous budget is also known as

rolling budget
pin budget
specific budget
past budget

MCQ: 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: 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: 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: 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