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Master Budget and Responsibility Accounting Multiple Choice Questions Test 1 pdf Download

Practice BBA cost accounting test 1 with MCQ on kaizen budgeting online for learning. Practice master budget and responsibility accounting multiple choice questions (MCQ) on kaizen budgeting, budgets and budgeting cycle, responsibility and controllability,. Free study guide has answering options number budgeting, anticipated budgeting, predict budgeting and kaizen budgeting of multiple choice questions (MCQ) as budgeting method which incorporates an improvement anticipated in budgeting period into budget numbers is classified as to test learning skills. Study to learn kaizen budgeting quiz questions to practice MCQ based online exam preparation test.

MCQ on Master Budget and Responsibility Accounting - Test 1

MCQ. Budgeting method which incorporates an improvement anticipated in budgeting period into budget numbers is classified as

  1. anticipated budgeting.
  2. number budgeting.
  3. predict budgeting.
  4. kaizen budgeting.

D

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 to

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

D

MCQ. Cost influences by responsibility center manager who is considered as

  1. manager cost.
  2. influential cost.
  3. center cost.
  4. controllable cost.

D

MCQ. An 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

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