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

Practice master budget and responsibility accounting multiple choice questions (MCQs), cost accounting test 1 online to learn. Practice kaizen budgeting MCQs questions and answers on kaizen budgeting, budgets and budgeting cycle, responsibility and controllability with answers. Free master budget and responsibility accounting quiz, online study guide has answer key with choices as 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 can be classified as to test learning skills. Study to learn kaizen budgeting quiz questions to practice MCQ based online exam preparation test. Kaizen Budgeting Video

MCQ on Master Budget and Responsibility Accounting Quiz pdf Download Test 1

MCQ. Budgeting method, which incorporates an improvement anticipated in budgeting period into budget numbers can be 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

  1. analysis of batches
  2. analysis of batches
  3. analysis of products
  4. making 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. 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