Internal Controls Accounting MCQs Quiz Online PDF Download

Learn internal controls accounting MCQs, cost accounting test for online courses learning and test prep to practice. Master budget and responsibility accounting quiz has multiple choice questions (MCQ), internal controls accounting quiz questions and answers to learn for BBA online study questions with answers.

Cost accounting practice test MCQ on budgeted income statement and supporting budget schedules are categorized under with options focused statement, slack statement, budgeted income statement and operating budget problem solving skills for viva, competitive exam prep, interview questions with answer key. Free study guide is for online learning internal controls accounting quiz with MCQs to practice test questions with answers. Internal Controls Accounting Video

MCQs on Internal Controls Accounting Quiz PDF 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