Budgets and Budgeting Cycle MCQs Quiz Online PDF Download

Practice budgets and budgeting cycle MCQs, cost accounting MCQ test for online learning. Master budget and responsibility accounting quiz has multiple choice questions (MCQ), budgets and budgeting cycle quiz questions and answers to practice 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 for online learning budgets and budgeting cycle quiz 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