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Budgeting and Accounting Multiple Choice Questions Test 1 pdf/epub/iBook Download

Practice BBA cost accounting test 1 on budgeting and accounting multiple choice questions (MCQs) online to learn. Practice budgeting and responsibility accounting MCQs questions and answers on budgeting and responsibility accounting with answers. Free budgeting and accounting revision notes has answer key with choices as 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 Quiz pdf Download

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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