Q. The first step in developing an operating budget is to

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Q. The budget which specifies an operating and financial plan, usually for a fiscal year or any specific period of time is classified as

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Q. The continuous budget is also known as

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Q. The what-if technique, which examines changes in results, if original prediction would not be achieved is called

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Q. The fourth step in development of operating budget is to

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Q. The model which refers possibility for management to conduct sensitivity analysis can be categorized under

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Q. The master budget includes all the projections of company's budget and focuses on

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Q. The direct labor, salary outlays and direct material purchases are classified as

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Q. If the budget sales units are 2000, an ending inventory is 3000 units and the beginning inventory is 1000, then the budget production would be

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Q. The cash receipts are added in to beginning cash balance to calculate

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Q. The type of accounting, which focuses on whom should be asked for information and whom not, will be categorized as

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Q. The compelling strategic plan, promoting coordination and providing framework of performance are

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Q. The degree of influence that a manager would have on the revenues, cost, profit and investment is known as

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Q. The mathematical relationships exist between operating and financing activities that affect master budget are called

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Q. In Kaizen budgeting, the costs are based on all the improvements which is

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Q. The planning of financial aid to coordinate; what is to be done for implementation of the plan is classified as

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Q. The non-financial and financial aspects of the plan by the company management, is classified as

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Q. The better administration of budget in budgeting plans require

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

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

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