# Budgets & Budgeting Cycle Quiz Questions and Answers 7 PDF Download

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## Quiz on Budgets & Budgeting Cycle Worksheet 7Quiz PDF Download

Budgets & Budgeting Cycle Quiz

MCQ: Third step in developing operating budget is

- analysis of batches
- analysis of batches
- analysis of products
- making predictions about future

D

Regression Line Quiz

MCQ: Deviations between estimated regression line and vertical deviations are classified as

- fixed terms
- indexed terms
- variable terms
- residual terms

D

Economic Value Added Quiz

MCQ: Current assets are subtracted from current liabilities to calculate

- opportunity cost of capital
- working capital
- total long term assets
- weighted average cost of capital

B

Regression Analysis Quiz

MCQ: In regression analysis, if observed cost value is 50 and predicted cost value is 7, then disturbance term will be

- 57
- 43
- 67
- 47

B

Accounting Strategy Quiz

MCQ: In response to challenges arisen by competitors and new entrants, strategy which must be considered by company does include

- cost leadership
- demand inelasticity
- differentiated products
- both a and c

D