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Budgeting and Accounting Multiple Choice Questions 1 PDF Download

Learn budgeting and accounting multiple choice questions (MCQs), cost accounting test 1 for online course prep exams. Practice budgeting and responsibility accounting MCQs questions and answers on budgeting and responsibility accounting for common BBA interview questions.

Free budgeting and accounting quiz online, study guide has multiple choice question on difference between budgeted amounts and actual results is classified as with options variances, standard deviation, mean average and weighted average to test online e-learning skills for viva exam prep and job's interview questions with answers key. Study to learn budgeting and responsibility accounting quiz questions with online learning MCQs for competitive exam preparation test. Budgeting and Responsibility Accounting Video

MCQ on Budgeting and Accounting Quiz PDF Download Test 1

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 the company effort
  2. action plan
  3. action accountability
  4. project accountability

A