# Budgets & Budgeting Cycle Quiz Questions and Answers 7 PDF Download

Practice budgets & budgeting cycle quiz, cost accounting quiz 7 for online learning. Free accounting MCQs questions and answers to practice budgets & budgeting cycle MCQs with answers. Practice MCQs to test knowledge on budgets and budgeting cycle, regression line, economic value added, regression analysis, accounting strategy worksheets.

Free budgets & budgeting cycle worksheet has multiple choice quiz question as third step in developing operating budget is , answer key with choices as analysis of batches, analysis of batches, analysis of products and making predictions about future problem solving to test study skills. For online learning, viva help and jobs' interview preparation tips, study master budget & responsibility accounting multiple choice questions based quiz question and answers. Budgets & Budgeting Cycle Video

## Quiz on Budgets & Budgeting Cycle Quiz PDF Download Worksheet 7

Budgets and Budgeting Cycle Quiz

MCQ. The third step in developing operating budget is

- analysis of batches
- analysis of batches
- analysis of products
- making predictions about future

D

Regression Line Quiz

MCQ. The deviations between estimated regression line and the vertical deviations are classified as

- fixed terms
- indexed terms
- variable terms
- residual terms

D

Economic Value Added Quiz

MCQ. Current assets are subtracted from current liabilities to calculate

- opportunity cost of capital
- working capital
- total long term assets
- weighted average cost of capital

B

Regression Analysis Quiz

MCQ. In regression analysis, if the observed cost value is 50 and predicted cost value is 7, then the disturbance term will be

- 57
- 43
- 67
- 47

B

Accounting Strategy Quiz

MCQ. In response to challenges arisen by competitors and new entrants, the strategy which must be considered by the company does include

- cost leadership
- demand inelasticity
- differentiated products
- both a and c

D