An unrealistic spending plan is an ext likely to result when that a. Has actually been emerged in a top down fashion. B. Has actually been emerged in a bottom increase fashion.c. Has been developed by every levels of management.d. Is occurred with power appraisal usages in mind.

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A budget is most likely to be effective if a. It is used to assess blame once things do not happen according come plans.b. It is not used to evaluate a manager"s performance.c. Employees and also managers at the reduced levels perform not get connected in the budgeting process.d. It has actually top monitoring support.
Which that the complying with does not appear as a separate section on the cash budget? a. Cash receiptsb. Cash disbursementsc. Funding expenditures d. Financing
Budgeting is usually many closely connected with which monitoring function? a. Plan b. Directingc. Motivatingd. Controlling
A static budget is usually suitable in assessing a manager"s effectiveness in managing a. Fixed manufacturing costs and also fixed selling and administrative expenses. B. Variable production costs and variable selling and also administrative expenses.c. Fixed manufacturing costs and also variable selling and also administrative expenses.d. Variable production costs and fixed selling and also administrative expenses.
Which that the complying with statements about a budgeted revenue statement is not true? a. The budgeted earnings statement is all set after the financial budgets are prepared. B. The budgeted income statement is ready on the accrual basis of accounting.c. The budgeted income statement can be all set in a multiple-step format.d. The budgeted income statement is all set using the individual operation budgets.
To construct the flexible budget, administration takes every one of the adhering to steps other than identify the a. Activity index and the relevant variety of activity.b. Change costs and also determine the budgeted variable price per unit.c. Solved costs and determine the budgeted fixed expense per unit. D. Every one of these choices are actions in occurring the versatile budget.
A flexible budget plan can be ready for which of the following budgets consisting of the understand budget? a. Salesb. Overheadc. Straight materialsd. Every one of these answers are correct.

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Another surname for the static budget isa. Understand budget. B. Overhead budget.c. Permanent budget.d. Functional budget
A static budget plan is appropriate in examining a manager"s power if a. Actual activity closely approximates the master budget plan activity. B. Actual activity is less than the master budget plan activity.c. The agency prepares reports ~ above an annual basis.d. The firm is a not-for-profit organization.
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MyAccountingLab with Pearson eText -- Instant accessibility -- because that Financial Accounting9th EditionCharles T. Horngren
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