Budgets and Budgeting Cycle MCQs & Quiz Online PDF Book Download

Budgets and budgeting cycle MCQs, budgets and budgeting cycle quiz answers to learn accounting courses online. Master budget and responsibility accounting multiple choice questions (MCQs), budgets and budgeting cycle quiz questions and answers for accelerated business degree online. Budgets and budgeting cycle test prep for accounting certifications.

Learn master budget and responsibility accounting test MCQs: part of master budget, which covers capital expenditures, budgeted statement of cash flows and balance sheets are classified as, with choices financial budget, capital budget, cash flows budget, and balanced budget for accelerated business degree online. Practice assessment test for scholarships, online learning budgets and budgeting cycle quiz questions for competitive assessment in business majors for business analyst certification. Budgets and Budgeting Cycle Video

MCQ on Budgets and Budgeting CycleQuiz Book Download

MCQ: Part of master budget, which covers capital expenditures, budgeted statement of cash flows and balance sheets are 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: 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

MCQ: Last step in developing operating budget is

  1. implementing income
  2. implementing decision
  3. efficient implementation
  4. effective implementation

B

MCQ: In master budgeting, cost drivers for manufacturing overhead costs are

  1. direct manufacturing labor-hours
  2. setup labor-hours
  3. budgeted labor-hours
  4. both a and b

D