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Accounting MCQs with Answers

The system which measures the budget, action and plan of each responsibility center is known as ___________?

April 20, 2025 by admin
A. budgeted accounting
B. action accounting
C. planned accounting
D. responsibility accounting
Categories Accounting MCQs with Answers Leave a comment

The significant feature of Kaizen Budgeting is __________?

April 20, 2025 by admin
A. employee suggestion
B. customer suggestion
C. cost suggestion
D. price suggestion
Categories Accounting MCQs with Answers Leave a comment

The manager who is responsible only for the revenues of the company can be categorized under the ___________?

April 20, 2025 by admin
A. profit center
B. investment center
C. cost center
D. revenue center
Categories Accounting MCQs with Answers Leave a comment

Which of the following is an example of revenue center?

April 20, 2025 by admin
A. sales department
B. investing center
C. marketing department
D. segment department
Categories Accounting MCQs with Answers Leave a comment

The use of variables to signal whether the strategies are effective or ineffective is classified as _________?

April 20, 2025 by admin
A. evaluating strategy
B. performing strategy
C. warned strategy
D. weighted strategy
Categories Accounting MCQs with Answers Leave a comment

The larger number of manager subordinates and the higher level manager are termed as _________?

April 20, 2025 by admin
A. activity subordinates
B. broader responsibility center
C. broader subordinates
D. activity ordinates
Categories Accounting MCQs with Answers Leave a comment

A manager who is responsible for only the cost of the company belongs to __________?

April 20, 2025 by admin
A. cost center
B. revenue center
C. profit center
D. investment center
Categories Accounting MCQs with Answers Leave a comment

A manager, who is responsible for the both cost and revenues belong to the department of

April 20, 2025 by admin
A. cost center
B. revenue center
C. profit center
D. investment center
Categories Accounting MCQs with Answers Leave a comment

The difference between the budgeted amounts and the actual results is classified as __________?

April 20, 2025 by admin
A. standard deviation
B. variances
C. mean average
D. weighted average
Categories Accounting MCQs with Answers Leave a comment

The managers using capacity planning do not make ___________

April 20, 2025 by admin
A. pricing decisions
B. marketing decisions
C. financial decisions
D. cost budgeting decisions
Categories Accounting MCQs with Answers Leave a comment
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