Accounting MCQs

1590 MCQs  (Page 62 of 159)

The compelling strategic plan, promoting coordination and providing framework of performance are ___________?
A. Advantages of budget
B. Disadvantages of budget
C. Advantages of costing method
D. Disadvantages of costing method
The direct labor, salary outlays and direct material purchases are classified as ___________?
A. Price disbursements
B. Cash disbursements
C. Budget disbursements
D. Goods disbursements
The cash receipts are added in to beginning cash balance to calculate __________?
A. Total goods manufactured
B. Total cash available
C. Total revenue
D. Total goods sold
The model which refers possibility for management to conduct sensitivity analysis can be categorized under __________?
A. Investment planning models
B. Financial planning models
C. Cost planning models
D. Revenues forecast models
The fourth step in development of operating budget is to __________?
A. Choose alternatives
B. Evaluate alternatives
C. Efficiency improvements
D. Predicted improvements
The continuous budget is also known as ________?
A. Rolling budget
B. Pin budget
C. Specific budget
D. Past budget
The first step in developing an operating budget is to ___________?
A. Identify the product
B. Identify the problem
C. Identify the quartiles
D. Identify the percentiles