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Budgeting and Accounting Multiple Choice Questions Test 1 pdf Download

Practice BBA cost accounting test 1 with MCQ on budgeting and responsibility accounting online for learning. Practice budgeting and accounting multiple choice questions (MCQ) on budgeting and responsibility accounting,. Free study guide has answering options variances, standard deviation, mean average and weighted average of multiple choice questions (MCQ) as difference between budgeted amounts and actual results are classified as to test learning skills. Study to learn budgeting and responsibility accounting quiz questions to practice MCQ based online exam preparation test.

MCQ on Budgeting and Accounting - Test 1

MCQ. Difference between budgeted amounts and actual results are classified as

  1. standard deviation.
  2. variances.
  3. mean average.
  4. weighted average.

B

MCQ. A manager who is responsible for only cost of company is classified as

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

A

MCQ. A manager who is responsible for both cost and revenues is called

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

C

MCQ. Larger number of manager subordinates and higher leveled manager are classified as

  1. activity subordinates.
  2. broader responsibility center.
  3. broader subordinates.
  4. activity ordinates.

B

MCQ. An assignment of task for managers who are accountable for their actions in controlling and budgeting of resources is classified as

  1. coordinating company effort.
  2. action plan.
  3. action accountability.
  4. project accountability.

A

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