Budgeting and Responsibility Accounting MCQs Quiz Online PDF Download

Learn budgeting and responsibility accounting MCQs, cost accounting test for online courses learning and test prep to practice. Budgeting and accounting quiz has multiple choice questions (MCQ), budgeting and responsibility accounting quiz questions and answers to learn for common BBA interview questions.

Cost accounting practice test MCQ on difference between budgeted amounts and actual results is classified as with options standard deviation, variances, mean average and weighted average problem solving skills for viva, competitive exam prep, interview questions with answer key. Free study guide is for online learning budgeting and responsibility accounting quiz with MCQs to practice test questions with answers. Budgeting and Responsibility Accounting Video

MCQs on Budgeting and Responsibility Accounting Quiz PDF Download

MCQ. Difference between budgeted amounts and actual results is 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 belongs to

  1. cost center
  2. revenue center
  3. profit center
  4. investment center

A

MCQ. A manager, who is responsible for both cost and revenues belong to department of

  1. cost center
  2. revenue center
  3. profit center
  4. investment center

C

MCQ. Larger number of manager subordinates and higher level manager are termed 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