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Accounting MCQs with Answers

The balancing of all aspects of products or services and all the departments in the company are classified as ____________?

April 20, 2025 by admin
A. annual profit plan
B. budgeting
C. coordination
D. complex plan
Categories Accounting MCQs with Answers Leave a comment

If the budget sales units are 8000, the ending inventory is 2000 units and the beginning inventory is 3000, then the budget production would be ___________?

April 20, 2025 by admin
A. 11000 units
B. 13000 units
C. 10000 units
D. 7000 units
Categories Accounting MCQs with Answers Leave a comment

The cash sales, accounts receivables and rental receipts all are known as ___________?

April 20, 2025 by admin
A. cash receipts
B. budget receipts
C. goods manufactured
D. total goods sold
Categories Accounting MCQs with Answers Leave a comment

The centers such as revenue, cost, investment and profit all are known as ___________?

April 20, 2025 by admin
A. marketing center
B. financial center
C. responsibility center
D. planning center
Categories Accounting MCQs with Answers Leave a comment

The schedule of expected disbursements and cash receipts is considered as __________?

April 20, 2025 by admin
A. planned schedule
B. cash budget
C. market budget
D. price schedule
Categories Accounting MCQs with Answers Leave a comment

The factor which provides hedge to managers in adverse and unexpected circumstances is known as __________?

April 20, 2025 by admin
A. budgetary slack
B. costly slack
C. influential slack
D. target slack
Categories Accounting MCQs with Answers Leave a comment

The first step in developing an operating budget is to ___________?

April 20, 2025 by admin
A. identify the product
B. identify the problem
C. identify the quartiles
D. identify the percentiles
Categories Accounting MCQs with Answers Leave a comment

The continuous budget is also known as ________?

April 20, 2025 by admin
A. rolling budget
B. pin budget
C. specific budget
D. past budget
Categories Accounting MCQs with Answers Leave a comment

The fourth step in development of operating budget is to __________?

April 20, 2025 by admin
A. choose alternatives
B. evaluate alternatives
C. efficiency improvements
D. predicted improvements
Categories Accounting MCQs with Answers Leave a comment

The model which refers possibility for management to conduct sensitivity analysis can be categorized under __________?

April 20, 2025 by admin
A. investment planning models
B. financial planning models
C. cost planning models
D. revenues forecast models
Categories Accounting MCQs with Answers Leave a comment
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