Management Accounting Quiz

Management Accounting Quiz

University

27 Qs

quiz-placeholder

Similar activities

FINAL EXAM PUBLIC FINANCE

FINAL EXAM PUBLIC FINANCE

University

30 Qs

COB 242 - Unit 3

COB 242 - Unit 3

University

23 Qs

cost accounting

cost accounting

University

23 Qs

Flash Card Quiz: Productive Efficiency

Flash Card Quiz: Productive Efficiency

12th Grade - University

22 Qs

DIT 2 FINAL EXAM: MANAGEMENT & THEORY PRACTICES

DIT 2 FINAL EXAM: MANAGEMENT & THEORY PRACTICES

University

30 Qs

Flash Card Quiz: Financial Objectives Quiz

Flash Card Quiz: Financial Objectives Quiz

12th Grade - University

22 Qs

Budgeting Basics Ch 2

Budgeting Basics Ch 2

11th Grade - University

30 Qs

BSHM 1A - Final Exam

BSHM 1A - Final Exam

University

25 Qs

Management Accounting Quiz

Management Accounting Quiz

Assessment

Quiz

Business

University

Hard

Created by

NUR ABDULLAH

FREE Resource

27 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary purpose of budgetary control?

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

Create a free account and access millions of resources

Create resources
Host any resource
Get auto-graded reports
or continue with
Microsoft
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?