CHAPTER 6 QB

CHAPTER 6 QB

University

21 Qs

quiz-placeholder

Similar activities

SE LIGA DE EDUCAÇÃO FINANCEIRA

SE LIGA DE EDUCAÇÃO FINANCEIRA

8th Grade - University

20 Qs

Aval Ed Fin 1º ano - 3º tri

Aval Ed Fin 1º ano - 3º tri

10th Grade - University

20 Qs

Educação Financeira - 2° EM

Educação Financeira - 2° EM

11th Grade - University

17 Qs

Clasificación Laboral

Clasificación Laboral

University

17 Qs

BF - 1ST QRTR QUIZ 1

BF - 1ST QRTR QUIZ 1

11th Grade - University

20 Qs

FIN435 Chp 2 Class Activity

FIN435 Chp 2 Class Activity

University

18 Qs

Metodología de la investigación

Metodología de la investigación

University

18 Qs

GLOSARIO DE TERMINOS BANCARIOS

GLOSARIO DE TERMINOS BANCARIOS

University

20 Qs

CHAPTER 6 QB

CHAPTER 6 QB

Assessment

Quiz

Financial Education

University

Practice Problem

Easy

Created by

poliu uio

Used 4+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

21 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

1. Which of the following is NOT considered to be an objective of budgeting?

 

A. Authorization

 

A. Activities Coordination

 

A. Expansion

 

A. Resources allocation

A

B

C

D

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

2. Which of the following is NOT one of the main purposes of a budget?

 

A. To compel planning

 

A. To inform shareholders of performance

 

A. To communicate ideas and plans

 

A. To provide a framework for responsibility accounting

A

B

C

D

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

3. Which of the following statements relating to budgets is correct?

 

A. A budget covers period longer than one year and is used for strategic planning

 

A. A budget manual will contain instructions governing the preparation of budgets

 

A. A budget is usually prepared by the shareholders of a company

 

A. The budget committee is responsible for the preparation of functional budgets

 

A

B

C

D

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

4. Which of the following is NOT considered to be a function of the budget committee?

 

A. Preparing functional budgets

 

A Timetabling

 

A. Issuing the budget mannal

 

A. Monitoring the budgeting process

A

B

C

D

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

5. When preparing a produ Son budget, what does the quantity to be produced equal?

A Sale quantity + opening inventory of finished goods + closing inventory of finished goods

A. sales quantity – opening inventory of FGs + closing inventory of FGs

A. Sales quantity - opening inventory of FGs - closing inventory of FGs

A.A Sales quantity + opening inventory of FGs - closing inventory of FGs

A

B

C

D

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

8. Which of the following is NOT a functional budget?

 

A. Production budget

 

A Distribution cost budget

 

A. Selling cost budget

 

A. Cash budget

 

A

B

C

D

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

9. Which of the following is a principal budget factor?

 

A. The lughest value item of cost

 

B. A factor which limits an organization's performance

 

C A factor common to all budget çenlers

 

D. A factor controllable by the manager of the best center

A

B

C

D

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?