Accounting MCQs

1590 MCQs  (Page 63 of 159)

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The cash sales, accounts receivables and rental receipts all are known as ___________?
A. Cash receipts
B. Budget receipts
C. Goods manufactured
D. Total goods sold
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The centers such as revenue, cost, investment and profit all are known as ___________?
A. Marketing center
B. Financial center
C. Responsibility center
D. Planning center
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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 ___________?
A. 11000 units
B. 13000 units
C. 10000 units
D. 7000 units
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The balancing of all aspects of products or services and all the departments in the company are classified as ____________?
A. Annual profit plan
B. Budgeting
C. Coordination
D. Complex plan
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The second step in developing operating budget is to ___________?
A. Plan coordination
B. Plan accounts
C. Obtain information
D. Coverage information
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The what-if technique, which examines changes in results, if original prediction would not be achieved is called _____________?
A. Change analysis
B. Original analysis
C. Sensitivity analysis
D. Predicted analysis
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The budget which specifies an operating and financial plan, usually for a fiscal year or any specific period of time is classified as ___________?
A. Annual budget
B. Operating budget
C. Specific budget
D. Master budget
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The master budget includes all the projections of company’s budget and focuses on __________?
A. Serial correlation
B. Marketing plan
C. Financial plan
D. Both b and c
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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 ______________?
A. 6000 units
B. 4000 units
C. No units
D. 8000 units
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The mathematical relationships exist between operating and financing activities that affect master budget are called _____________?
A. Math plan model
B. Financial planning models
C. Operating plan models
D. Master plan models
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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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