Budgets and Budgeting Cycle MCQ (Multiple Choice Questions) PDF - 90

MCQ 446: The planning of financial aid to coordinate; what is to be done for implementation of the plan is classified as

1. budget
2. batching
3. complexity
4. process

MCQ 447: The larger number of manager subordinates and the higher level manager are termed as

1. activity subordinates
2. broader responsibility center
3. broader subordinates
4. activity ordinates

MCQ 448: The flexible budget amount is added to flexible budget variance to calculate

1. static result
2. actual result
3. secondary result
4. primary result

MCQ 449: An operating income is divided by the revenues to calculate

1. residual income
2. return on after-tax operating income
3. return on sales
4. return on investment

MCQ 450: In accounting, the possibility of deviation of actual amount from an expected amount is classified as

1. contribution
2. certainty
3. uncertainty
4. margin