Chapter 6

10 Questions  I  By Kaiwenz
chapter 6

  
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Question Excerpt

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1.  The cash flow statement does NOT include:
A.
B.
C.
D.
2.  A master budget:
A.
B.
C.
D.
3.  A stretch budget is a budget that:
A.
B.
C.
D.
4.  A limitation of comparing a company's performance against actual results of last year is that:
A.
B.
C.
D.
5.  The cash budget is a schedule of expected cash receipts and disbursements that:
A.
B.
C.
D.
6.  A budget can help implement:
A.
B.
C.
D.
7.  All of the following are encouraged with kaizen budgeting EXCEPT:
A.
B.
C.
D.
8.  Budgeting provides all of the following EXCEPT:
A.
B.
C.
D.
9.  To reduce budgetary slack management may:
A.
B.
C.
D.
10.  A company's actual performance should be compared against budgeted amounts for the same accounting period so that:
A.
B.
C.
D.
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