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MBA Cost Accounting Exam Prep

MBA Cost Accounting Practice Test 90

Budgets and Budgeting Cycle Quiz Answers PDF Download - 90

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Accounting: Budgets & Budgeting Cycle MCQs Quiz PDF Download

MCQ: The planning of financial aid to coordinate; what is to be done for implementation of the plan is classified as

A) budget
B) batching
C) complexity
D) process

MCQ: The larger number of manager subordinates and the higher level manager are termed as

A) activity subordinates
B) broader responsibility center
C) broader subordinates
D) activity ordinates

MCQ: The flexible budget amount is added to flexible budget variance to calculate

A) static result
B) actual result
C) secondary result
D) primary result

MCQ: An operating income is divided by the revenues to calculate

A) residual income
B) return on after-tax operating income
C) return on sales
D) return on investment

MCQ: In accounting, the possibility of deviation of actual amount from an expected amount is classified as

A) contribution
B) certainty
C) uncertainty
D) margin

Mock Tests: MBA Cost Accounting Course Prep

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