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Budgets & Budgeting Cycle Quiz Questions and Answers 186 PDF Download

Learn budgets & budgeting cycle quiz, online cost accounting test 186 for online courses, distance learning. Free accounting MCQs questions and answers to learn budgets & budgeting cycle MCQs with answers. Practice MCQs to test knowledge on budgets and budgeting cycle, fixed overhead cost variances, variable and fixed overhead costs, discounted cash flow, inventory management system for MBA admission test.

Free budgets & budgeting cycle course worksheet has multiple choice quiz question as continuous budget is also known as with options rolling budget, pin budget, specific budget and past budget with problems solving answer key to test study skills for online e-learning, viva help and jobs' interview preparation tips, study master budget & responsibility accounting multiple choice questions based quiz question and answers. Budgets & Budgeting Cycle Video

Quiz on Budgets & Budgeting Cycle Quiz PDF Download Worksheet 186

Budgets & Budgeting Cycle Quiz

MCQ. Continuous budget is also known as

  1. rolling budget
  2. pin budget
  3. specific budget
  4. past budget

A

Fixed Overhead Cost Variances Quiz

MCQ. If flexible budget amount is $26000 and fixed overhead flexible budget variance is $12500, then actual incurred cost would be

  1. $38,500
  2. $48,500
  3. $58,500
  4. $13,500

A

Variable & Fixed Overhead Costs Quiz

MCQ. Second step in developing operating budget is to

  1. identify variable overhead cost
  2. compute the per unit rate
  3. choose the budgeting period
  4. select allocation bases

D

Discounted Cash Flow Quiz

MCQ. According to net present value, projects that would be acceptable must have a

  1. negative net present value
  2. zero net present value
  3. positive net present value
  4. both b and c

D

Inventory Management System Quiz

MCQ. Reorder point is divided by number of sold units for per unit of time to calculate

  1. relevant carrying cost
  2. relevant ordering cost
  3. purchase order lease time
  4. number of purchase orders

C