BBA Cost Accounting MCQs – Mock Test 186

Budgets and Budgeting Cycle MCQs with Answers PDF Download – Test 186

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Study Budgets and Budgeting Cycle Multiple Choice Questions (MCQ) with Answers PDF (Budgets and Budgeting Cycle MCQs PDF e-Book) download Ch. 25-186 to learn BBA Cost Accounting Practice Tests. Study Master Budget and Responsibility Accounting quiz answers PDF, Budgets and Budgeting Cycle Multiple Choice Questions (MCQ Quiz) to engage online students. Download the Budgets and Budgeting Cycle MCQ App: Free BBA Cost Accounting Learning App to learn budgets and budgeting cycle, fixed overhead cost variances, variable and fixed overhead costs, discounted cash flow test prep to achieve accounting excellence.

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Budgets & Budgeting Cycle MCQ – Mock Test 186 PDF Download

MCQ 926: The continuous budget is also known as:

rolling budget
pin budget
specific budget
past budget

MCQ 927: 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 928: 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 929: 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 930: 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

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