Accounting Mcqs — Test 17
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Question 1
The continuous budget is also known as ________?
Question 2
The first step in developing an operating budget is to ___________?
Question 3
The factor which provides hedge to managers in adverse and unexpected circumstances is known as __________?
Question 4
The schedule of expected disbursements and cash receipts is considered as __________?
Question 5
The cash sales, accounts receivables and rental receipts all are known as ___________?
Question 6
The centers such as revenue, cost, investment and profit all are known as ___________?
Question 7
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 ___________?
Question 8
The balancing of all aspects of products or services and all the departments in the company are classified as ____________?
Question 9
The second step in developing operating budget is to ___________?
Question 10
The what-if technique, which examines changes in results, if original prediction would not be achieved is called _____________?