Flexible Budget and Management Control MCQs

Welcome to our comprehensive collection of Multiple Choice Questions (MCQs) on Flexible Budget and Management Control, a fundamental topic in the field of Cost Accounting. Whether you're preparing for competitive exams, honing your problem-solving skills, or simply looking to enhance your abilities in this field, our Flexible Budget and Management Control MCQs are designed to help you grasp the core concepts and excel in solving problems.

In this section, you'll find a wide range of Flexible Budget and Management Control mcq questions that explore various aspects of Flexible Budget and Management Control problems. Each MCQ is crafted to challenge your understanding of Flexible Budget and Management Control principles, enabling you to refine your problem-solving techniques. Whether you're a student aiming to ace Cost Accounting tests, a job seeker preparing for interviews, or someone simply interested in sharpening their skills, our Flexible Budget and Management Control MCQs are your pathway to success in mastering this essential Cost Accounting topic.

Note: Each of the following question comes with multiple answer choices. Select the most appropriate option and test your understanding of Flexible Budget and Management Control. You can click on an option to test your knowledge before viewing the solution for a MCQ. Happy learning!

So, are you ready to put your Flexible Budget and Management Control knowledge to the test? Let's get started with our carefully curated MCQs!

Flexible Budget and Management Control MCQs | Page 18 of 20

Q171.
The better administration of budget in budgeting plans require
Discuss
Answer: (d).all of above
Q172.
The non-financial and financial aspects of the plan by the company management, is classified as
Discuss
Answer: (c).budget
Q173.
The planning of financial aid to coordinate; what is to be done for implementation of the plan is classified as
Discuss
Answer: (a).budget
Q174.
In Kaizen budgeting, the costs are based on all the improvements which is
Discuss
Answer: (a).to be implemented
Q175.
The mathematical relationships exist between operating and financing activities that affect master budget are called
Discuss
Answer: (b).financial planning models
Q176.
The degree of influence that a manager would have on the revenues, cost, profit and investment is known as
Discuss
Answer: (a).controllability
Q177.
The compelling strategic plan, promoting coordination and providing framework of performance are
Discuss
Answer: (a).advantages of budget
Q178.
The type of accounting, which focuses on whom should be asked for information and whom not, will be categorized as
Discuss
Answer: (b).responsibility accounting
Q179.
The cash receipts are added in to beginning cash balance to calculate
Discuss
Answer: (b).total cash available
Q180.
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
Discuss
Answer: (b).4000 units