Q. The cost influences by the responsibility center manager who is considered as

View solution

Q. If the indirect manufacturing labor is $20000, power cost is $5000, maintenance and supplies are of $10000 then the manufacturing budget will be

View solution

Q. The last step in developing operating budget is

View solution

Q. In master budgeting, the cost drivers for manufacturing overhead costs are

View solution

Q. The document, which contains the information about the used material sequence, detail and quantity of raw material is classified as

View solution

Q. The type of budget, which is always available for the specified period of future is called

View solution

Q. The plan of action; how an organization meets its opportunities and capabilities is classified as

View solution

Q. The focus on budget cost of all the activities necessary to sell and produce market offerings is known as

View solution

Q. The budgeted income statement and the supporting budget schedules are categorized under

View solution

Q. 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

View solution

Q. The budget sales, plus target ending finished goods inventory, minus beginning finished goods inventory is equal to

View solution

Q. The budget, which predicts the effect of given level of operations on a cash position is classified as

View solution

Q. The higher and accurate budgeted profit forecast of managers lead to

View solution

Q. The starting point in the operating budget is

View solution

Q. The financial statements and the budget plans of some companies are also called

View solution

Q. The quantitative expression, of action plan by the management of the firm for a specified period of time is classified as

View solution

Q. The budget plan in many companies is also referred as

View solution

Q. The type of plan of a company, which quantities the expectations of cash flows, income and financial position is known as

View solution

Q. The practice, which makes target more achievable by underestimating revenues or overestimating cost is called

View solution

Q. An act of making sure, that all the employees must understand the goals is classified as

View solution