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MCQs

Total Questions : 195 | Page 18 of 20 pages
Question 171. The better administration of budget in budgeting plans require
  1.    intelligent interpretations
  2.    participation
  3.    persuasion
  4.    all of above
 Discuss Question
Answer: Option D. -> all of above
Answer: (d).all of above
Question 172. In Kaizen budgeting, the costs are based on all the improvements which is
  1.    to be implemented
  2.    based on current practice
  3.    based on past prices
  4.    based on sold quantity
 Discuss Question
Answer: Option A. -> to be implemented
Answer: (a).to be implemented
Question 173. The non-financial and financial aspects of the plan by the company management, is classified as
  1.    complexity
  2.    process
  3.    budget
  4.    batching
 Discuss Question
Answer: Option C. -> budget
Answer: (c).budget
Question 174. 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
 Discuss Question
Answer: Option A. -> budget
Answer: (a).budget
Question 175. The mathematical relationships exist between operating and financing activities that affect master budget are called
  1.    math plan model
  2.    financial planning models
  3.    operating plan models
  4.    master plan models
 Discuss Question
Answer: Option B. -> financial planning models
Answer: (b).financial planning models
Question 176. The compelling strategic plan, promoting coordination and providing framework of performance are
  1.    advantages of budget
  2.    disadvantages of budget
  3.    advantages of costing method
  4.    disadvantages of costing method
 Discuss Question
Answer: Option A. -> advantages of budget
Answer: (a).advantages of budget
Question 177. The degree of influence that a manager would have on the revenues, cost, profit and investment is known as
  1.    controllability
  2.    influential power
  3.    responsibility
  4.    all of above
 Discuss Question
Answer: Option A. -> controllability
Answer: (a).controllability
Question 178. The type of accounting, which focuses on whom should be asked for information and whom not, will be categorized as
  1.    focused accounting
  2.    responsibility accounting
  3.    information accounting
  4.    blame accounting
 Discuss Question
Answer: Option B. -> responsibility accounting
Answer: (b).responsibility accounting
Question 179. If the budget sales units are 2000, an ending inventory is 3000 units and the beginning inventory is 1000, then the budget production would be
  1.    6000 units
  2.    4000 units
  3.    no units
  4.    8000 units
 Discuss Question
Answer: Option B. -> 4000 units
Answer: (b).4000 units
Question 180. The cash receipts are added in to beginning cash balance to calculate
  1.    total goods manufactured
  2.    total cash available
  3.    total revenue
  4.    total goods sold
 Discuss Question
Answer: Option B. -> total cash available
Answer: (b).total cash available

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