MBA Cost Accounting MCQs - Chapter 25

Master Budget and Responsibility Accounting Quiz Questions and Answers PDF - 7

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Master Budget & Responsibility Accounting Questions & Answers PDF Download: MCQ Quiz 7

MCQ 31: The type of accounting, which focuses on whom should be asked for information and whom not, will be categorized as

A) focused accounting

B) responsibility accounting

C) information accounting

D) blame accounting

MCQ 32: The cash receipts are added in to beginning cash balance to calculate

A) total goods manufactured

B) total cash available

C) total revenue

D) total goods sold

MCQ 33: If the budget sales units are 2000, an ending inventory is 3000 units and the beginning inventory is 1000, then the budget production would be

A) 6000 units

B) 4000 units

C) no units

D) 8000 units

MCQ 34: The direct labor, salary outlays and direct material purchases are classified as

A) price disbursements

B) cash disbursements

C) budget disbursements

D) goods disbursements

MCQ 35: The master budget includes all the projections of company's budget and focuses on

A) serial correlation

B) marketing plan

C) financial plan

D) both B and C

MBA Cost Accounting Mock Tests

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Process Costing MCQs

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