Accounting MCQs

1590 MCQs  (Page 60 of 159)

Attempt Accounting MCQs Quiz
The costing technique, which traces direct costs by multiplying price rate for producing actual outputs is known as ______________?
A. Constant costing
B. Standard costing
C. Unit costing
D. Batch costing
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The cost allocation base used by an operating manager is classified as ____________?
A. Machine hours
B. Flexible hours
C. Variable hours
D. Fixed hours
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The depreciation on plant equipment, salaries of plant managers and plant leasing costs are considered a _____________?
A. Fixed batch cost
B. Variable batch cost
C. Variable overhead cost
D. Fixed overhead cost
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The flexible budget amount is added in to variable overhead flexible budget variance to calculate ____________?
A. Manufacturing costs incurred
B. Variable costs incurred
C. Fixed costs incurred
D. Actual costs incurred
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The budgeting method, which incorporates an improvement anticipated in budgeting period into budget numbers, can be classified as ___________?
A. Anticipated budgeting
B. Number budgeting
C. Predict budgeting
D. Kaizen budgeting
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The third step in developing operating budget is ____________?
A. Analysis of batches
B. Analysis of batches
C. Analysis of products
D. Making predictions about future
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The part of the master budget, which covers the capital expenditures, budgeted statement of cash flows and balance sheets are classified as ___________?
A. Financial budget
B. Capital budget
C. Cash flows budget
D. Balanced budget
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If the indirect manufacturing labor is $20000, power cost is $5000, maintenance and supplies are of $10000 then the manufacturing budget will be ____________?
A. $5,000
B. $35,000
C. $15,000
D. $45,000
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The last step in developing operating budget is ____________?
A. Implementing income
B. Implementing the decision
C. Efficient implementation
D. Effective implementation
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The plan of action; how an organization meets its opportunities and capabilities is classified as ___________?
A. Action plan
B. Strategy
C. Step wise plan
D. Complex plan
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Word of the Day
17 Jul
Flagrant
(of an action considered wrong or immoral) conspicuously or obviously offensive.
انتہائی برا، قابل مذمت، فاش

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