Budgets and Budgeting Cycle MCQ (Multiple Choice Questions) PDF - 78

MCQ 386: An act of making sure, that all the employees must understand the goals is classified as

1. coordination
2. communication
3. annual profit plan
4. budgeting

MCQ 387: A manager, who is responsible for the both cost and revenues belong to the department of

1. cost center
2. revenue center
3. profit center
4. investment center

MCQ 388: In management accounting, an emphasis and focus must be

1. future oriented
2. past oriented
3. communication oriented
4. bank oriented

MCQ 389: If the budgeted fixed cost is $40000 and budgeted fixed cost is $16 per unit, then budgeted denominator level will be

1. 3500 units
2. 2500 units
3. 3900 units
4. 4900 units

MCQ 390: The measuring of capacity levels, in terms of practical and theoretical capacity is classified as

1. capacity write down
2. capacity write up
3. capacity supplied
4. capacity borrowed