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In Management accounting,emphasis and focus should be A. future oriented B. past oriented C. communication oriented D. bank oriented
A.future oriented
A.future oriented
See lessThe scare factors is also known as A. key factor B. abnormal factor C. linking factor D. none of the above
A.key factor
A.key factor
See lessR&D budget and Capital expenditure budget are examples of A. short-term budget B. current budget C. long-term budget D. none of the above
C.long-term budget
C.long-term budget
See lessA budgeting process which demands each manager to justify his entire budget indetail from beginning is A. functional budget B. master budget C. zero base budgeting D. none of the above
C.both
C.both
See lessPlant utilization budget and Manufacturing overhead budgets are types of A. production budget B. sales budget C. cost budget D. none of the above
A.production budget
A.production budget
See lessA key factor is one which restricts… A. the volume of production B. the volume of sales C. the volume of purchase D. all of the above
A.the volume of production
A.the volume of production
See lessBudget period depends upon… A. the type of budget B. the nature of business C. the length of trade cycles D. all of these
D.all of these
D.all of these
See lessBudget period is the… A. period of budget committee B. period of budget centres C. period for which a budget is prepared D. period of budget officer
C.period for which a budget is prepared
C.period for which a budget is prepared
See lessUsually the production budget is stated in terms of… A. money B. quantity C. both D. none
C.both
C.both
See lessFrequent revision of budgets will… A. affects its reliability B. increase the accuracy C. both D. subjective matter
A.affects its reliability
A.affects its reliability
See less