Internal Controls Accounting MCQs Questions and Answers PDF Book Download

Internal controls accounting multiple choice questions (MCQs), internal controls accounting quiz answers to learn accounting courses online. Master budget and responsibility accounting MCQs, internal controls accounting quiz questions and answers for master's degree in business administration. Learn budgets and budgeting cycle, accounting principals, accounting concepts, internal controls accounting test prep for CPA certification.

Learn master budget and responsibility accounting test MCQs: budgeted income statement and supporting budget schedules are categorized under, with choices focused statement, slack statement, budgeted income statement, and operating budget for master's degree in business administration. Practice assessment test for scholarships, online learning internal controls accounting quiz questions for competitive assessment in business majors for finance certifications. Internal Controls Accounting Video

MCQ on Internal Controls AccountingQuiz Book Download

MCQ: Budgeted income statement and supporting budget schedules are categorized under

  1. focused statement
  2. slack statement
  3. budgeted income statement
  4. operating budget

D

MCQ: Practice, which makes target more achievable by underestimating revenues or overestimating cost is called

  1. cost slack
  2. target slack
  3. budgetary slack
  4. revenue slack

C

MCQ: Better administration of budget in budgeting plans require

  1. intelligent interpretations
  2. participation
  3. persuasion
  4. all of above

D

MCQ: Compelling strategic plan, promoting coordination and providing framework of performance are

  1. advantages of budget
  2. disadvantages of budget
  3. advantages of costing method
  4. disadvantages of costing method

A

MCQ: Master budget includes all projections of company's budget and focuses on

  1. serial correlation
  2. marketing plan
  3. financial plan
  4. both B and C

D