The minimum freedom for managers and maximum constraints are the main features of ____________?
A. total autonomy B. total centralization C. total decentralization D. total congruency
Accounting MCQs with Answers
The dysfunctional decision making is also known as ___________?
A. dysfunctional decision making B. congruent decision making C. incongruent decision making D. both a and c
The degree to which the freedom is given to lower level managers for decision making is classified as ___________?
A. decentralization B. centralization C. autonomy D. congruency
The cost influences by the responsibility center manager who is considered as ___________?
A. manager cost B. influential cost C. center cost D. controllable cost
In master budgeting, the cost drivers for manufacturing overhead costs are ___________?
A. direct manufacturing labor-hours B. setup labor-hours C. budgeted labor-hours D. both a and b
The type of budget, which is always available for the specified period of future is called __________?
A. period budget B. batch budget C. discontinued budget D. continuous budget
The focus on budget cost of all the activities necessary to sell and produce market offerings is known as _________?
A. cost based budgeting B. activity based budgeting C. production based budgeting D. raw material budgeting
If the budget sales units are 5000, the ending inventory is 4000 units and the beginning inventory is 1000, then the budget production will be __________?
A. 4000 units B. 5000 units C. 8000 units D. 10000 units
The budget, which predicts the effect of given level of operations on a cash position is classified as __________?
A. market budget B. price schedule C. planned schedule D. cash budget
The financial statements and the budget plans of some companies are also called ___________?
A. cost statement B. preformed statement C. sales statement D. market statement