Budgets and Budgeting Cycle Multiple Choice Questions Online pdf eBooks Download

Learn budgets and budgeting cycle MCQs, online cost accounting MCQ for test prep. Master budget and responsibility accounting quiz has multiple choice questions (MCQ), budgets and budgeting cycle quiz questions and answers as part of master budget, which covers capital expenditures, budgeted statement of cash flows and balance sheet is classified as, answer key help with choices as financial budget, capital budget, cash flows budget and balanced budget problem solving for viva, competitive exam preparation, interview questions. Free study guide is to practice budgets and budgeting cycle quiz online with MCQs to practice test questions with answers. Budgets and Budgeting Cycle Video

MCQs on Budgets and Budgeting Cycle Quiz pdf Download

MCQ. Part of master budget, which covers capital expenditures, budgeted statement of cash flows and balance sheet is classified as

  1. financial budget
  2. capital budget
  3. cash flows budget
  4. balanced budget

A

MCQ. Third step in developing operating budget is

  1. analysis of batches
  2. analysis of batches
  3. analysis of products
  4. making predictions about future

D

MCQ. If indirect manufacturing labor is $20000, power cost is $5000, maintenance and supplies are of $10000 then manufacturing budget will be

  1. $5,000
  2. $35,000
  3. $15,000
  4. $45,000

B

MCQ. Last step in developing operating budget is

  1. implementing income
  2. implementing decision
  3. efficient implementation
  4. effective implementation

B

MCQ. In master budgeting, cost drivers for manufacturing overhead costs are

  1. direct manufacturing labor-hours
  2. setup labor-hours
  3. budgeted labor-hours
  4. both a and b

D