What is the primary purpose of budgetary control?

Management Accounting Quiz

Quiz
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Business
•
University
•
Hard
NUR ABDULLAH
FREE Resource
27 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
To increase sales
To control operations
To improve employee morale
To reduce costs
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of budget is a projection of budgeted data at one level of activity?
Variable budget
Static budget
Master budget
Flexible budget
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key feature of a flexible budget?
It is only used for fixed costs
It is fixed at one level of activity
It does not require adjustments
It allows for various levels of activity
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does budgetary slack refer to?
Exceeding budget limits
Accurate budgeting
Planned misstatement of costs
Underestimating costs
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a disadvantage of participative budgeting?
Increased commitment
Time-consuming process
More realistic budgets
Improved morale
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main focus of Beyond Budgeting?
To enhance traditional budgeting
To improve employee satisfaction
To abolish the traditional budget process
To create fixed budgets
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a fixed budget appropriate for?
Dynamic market conditions
Flexible cost management
Assessing manager’s effectiveness at fixed activity levels
Evaluating variable costs
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