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Master Budget and Responsibility Accounting Multiple Choice Questions 1 PDF Download

Learn master budget and responsibility accounting multiple choice questions (MCQs), cost accounting test 1 for online course prep exams. Practice kaizen budgeting MCQs questions and answers on kaizen budgeting, budgets and budgeting cycle, responsibility and controllability for MBA entry test with solutions.

Free master budget and responsibility accounting quiz online, study guide has multiple choice question on budgeting method, which incorporates an improvement anticipated in budgeting period into budget numbers, can be classified as with options number budgeting, anticipated budgeting, predict budgeting and kaizen budgeting to test online e-learning skills for viva exam prep and job's interview questions with answers key. Study to learn kaizen budgeting quiz questions with online learning MCQs for competitive exam preparation test. Kaizen Budgeting Video

MCQ on Master Budget and Responsibility Accounting Quiz PDF Download Test 1

MCQ. Budgeting method, which incorporates an improvement anticipated in budgeting period into budget numbers, can be classified as

  1. anticipated budgeting
  2. number budgeting
  3. predict budgeting
  4. kaizen budgeting

D

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. Cost influences by responsibility center manager who is considered as

  1. manager cost
  2. influential cost
  3. center cost
  4. controllable cost

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