Free MCQsLearn App Download - Budgets and Budgeting Cycle Questions and Answers PDF Download eBook
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"The continuous budget is also known as", budgets and budgeting cycle Multiple Choice Questions (MCQ) with choices pin budget, rolling budget, specific budget, and past budget for online certificate programs. Learn master budget and responsibility accounting questions and answers to improve problem solving skills for online classes business administration. Budgets & Budgeting Cycle Video
Trivia Quiz on Budgets & Budgeting Cycle PDF Download eBook
MCQ: The continuous budget is also known as
- rolling budget
- pin budget
- specific budget
- past budget
A
MCQ: If the flexible budget amount is $26000 and fixed overhead flexible budget variance is $12500, then actual incurred cost would be
- $38,500
- $48,500
- $58,500
- $13,500
A
MCQ: The second step in developing operating budget is to
- identify variable overhead cost
- compute the per unit rate
- choose the budgeting period
- select allocation bases
D
MCQ: According to net present value, the projects that would be acceptable must have a
- negative net present value
- zero net present value
- positive net present value
- both b and c
D
MCQ: The reorder point is divided by number of sold units for per unit of time to calculate
- relevant carrying cost
- relevant ordering cost
- purchase order lease time
- number of purchase orders
C