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

Free online budgets & budgeting cycle course worksheet has multiple choice quiz question: continuous budget is also known as with options rolling budget, pin budget, specific budget and past budget with online questions to ask in an interview for employment assessment of business management jobs' seekers, study master budget & responsibility accounting multiple choice questions based quiz question and answers. Budgets & Budgeting Cycle Video

Quiz on Budgets & Budgeting Cycle Worksheet 186 Quiz PDF Download

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