Can you correctly give the answer how to planning budgets? Let's find out now how much do you know by taking this quiz!
2,3,4,1
2,4,1,3
1,2,3,4,
2,3,1,4
Rate this question:
1,180,800
1,296,000
1,159,200
1,202,400
Rate this question:
They help communicate goals and provide a basis for evaluation.
They enable the budget committee to earn their paycheck.
They guarantee the company will be profitable if it meets its objectives.
They provide management with information about the company's past performance.
Rate this question:
The company's independent certified public accountants.
The company's internal auditors.
A budget committee.
The company's board of directors.
Rate this question:
Direct labor budget
Selling and administrative budget
Sales budget
Capital expenditure budget
Rate this question:
Personnel budget.
Production budget
Sales budget
Purchasing budget
Rate this question:
Preparing the budgeted income statement
Preparing the cash budget
Preparing the budgeted balance sheet
Preparing the cost of goods manufactured budget
Rate this question:
An interrelated long-term plan and operating budgets.
Financial budgets and a long-term plan.
Interrelated financial budgets and operating budgets.
All the accounting journals and ledgers used by a company.
Rate this question:
135,000
202,500
210,000
157,500
Rate this question:
80,000
240,000
160,000
96,000
Rate this question:
Cash disbursements
Capital expenditures
Financing
Cash receipts
Rate this question:
Travel expense
Office salaries expense
Interest expense
Depreciation expense
Rate this question:
800,000
140,000
940,000
930,000
Rate this question:
150,000
168,000
157,500
159,000
Rate this question:
Deterrent to waste
Basis for performance evaluation
Guarantee of accomplishing the profit objective
Promote efficiency
Rate this question:
Cash disbursements
Cash expenditures
Financing
Cash receipts
Rate this question:
Has been developed in a top down fashion.
Has been developed by all levels of management.
Has been developed in a bottom up fashion.
Is developed with performance appraisal usages in mind.
Rate this question:
474,000
424,000
429,200
428,0000
Rate this question:
5,655
Not enough info
5,745
6,600
Rate this question:
15,200 pounds
132,200 pounds
5,800 pounds
21,000 pounds
Rate this question:
The current year and the next year.
A full year ahead.
At least five years.
Every day.
Rate this question:
435,000
900,000
465,000
540,000
Rate this question:
426,000
648,000
696,000
732,000
Rate this question:
Quiz Review Timeline (Updated): Feb 3, 2023 +
Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.
Wait!
Here's an interesting quiz for you.