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Master Budget and Responsibility Accounting Multiple Choice Questions 1 PDF Download

Practice master budget and responsibility accounting multiple choice questions (MCQs), cost accounting test 1 for online exams. 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 helping answer key with choices as number budgeting, anticipated budgeting, predict budgeting and kaizen budgeting of multiple choice questions as budgeting method, which incorporates an improvement anticipated in budgeting period into budget numbers can be classified as to test learning skills for viva exam preparation and job's interview questions. Study to learn kaizen budgeting quiz questions with online learning MCQs for competitive exam preparation test. Kaizen Budgeting Video

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

MCQ. The 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. The part of the master budget, which covers the 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. The 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. The cost influences by the responsibility center manager who is considered as

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

D

MCQ. If the indirect manufacturing labor is $20000, power cost is $5000, maintenance and supplies are of $10000 then the manufacturing budget will be

  1. $5,000
  2. $35,000
  3. $15,000
  4. $45,000

B