Q. In accounting, the cost incurred in past or in historical financial statements is classified as

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Q. According to accounting system the collection of cost data, in an organized way is classified as

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Q. The difference between the budgeted amounts and the actual results is classified as

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Q. A manager who is responsible for only the cost of the company belongs to

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Q. A manager, who is responsible for the both cost and revenues belong to the department of

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Q. The larger number of manager subordinates and the higher level manager are termed as

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Q. An assignment of task for managers, who are accountable for their actions in controlling and budgeting of resources is classified as

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Q. The manager who is responsible for investments of the company, its costs and revenues is known as

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Q. The use of variables to signal whether the strategies are effective or ineffective is classified as

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Q. The segment of subunit of company, whose manager is responsible for specific set of instructions and activities perform is classified as

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Q. Which of the following is an example of revenue center?

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Q. The variance, if used to alert managers before time of the problem is called

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Q. An arrangement of line of authority within the company is classified as

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Q. The variance used by managers to check whether the company has performed well and properly implemented the strategies is considered as

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Q. The manager who is responsible only for the revenues of the company can be categorized under the

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Q. The system which measures the budget, action and plan of each responsibility center is known as

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Q. The significant feature of Kaizen Budgeting is

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Q. The manufacturing sector companies include

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Q. The merchandising sector companies include

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Q. If the total manufacturing cost is $60000 and the total units manufactured is 3000 units, then the per unit cost will be

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