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Budgets and Budgeting Cycle Quiz Questions and Answers PDF p. 7

Practice Budgets and Budgeting Cycle quiz questions and answers, budgets and budgeting cycle MCQ with answers PDF 7 to solve Cost Accounting mock tests for online college programs. Solve Master Budget and Responsibility Accounting MCQ questions bank, budgets and budgeting cycle Multiple Choice Questions (MCQ) for online college degrees. "Budgets and budgeting cycle Quiz" PDF book: accounting strategy, regression analysis, economic value added, regression line, budgets and budgeting cycle test prep for online courses for business management degree.

"The third step in developing operating budget is", budgets and budgeting cycle Multiple Choice Questions (MCQ) with choices analysis of batches, analysis of batches, analysis of products, and making predictions about future for business management degree online. Practice master budget and responsibility accounting questions and answers to improve problem solving skills for online BS business administration.

Quiz on Budgets & Budgeting Cycle

1.

The third step in developing operating budget is

analysis of batches
analysis of batches
analysis of products
making predictions about future

2.

The deviations between estimated regression line and the vertical deviations are classified as

fixed terms
indexed terms
variable terms
residual terms

3.

Current assets are subtracted from current liabilities to calculate

opportunity cost of capital
working capital
total long term assets
weighted average cost of capital

4.

In regression analysis, if the observed cost value is 50 and predicted cost value is 7, then the disturbance term will be

57
43
67
47

5.

In response to challenges arisen by competitors and new entrants, the strategy which must be considered by the company does include

cost leadership
demand inelasticity
differentiated products
both a and c