Top 150+ Solved Cost and Management Accounting (CMA) MCQ Questions Answer

From 181 to 187 of 187

Q. …….budget may be classified into material cost budget, labour cost budget andoverhead budget.

a. cost of production

b. purchase

c. sales

d. cash

  • a. cost of production

Q. ……….is the consolidated summary of the various functional budgets.

a. master budget

b. sales budget

c. performance budget

d. cash budget

  • a. master budget

Q. ……….budget gives differentbudgeted costs for different levels of activity.

a. master

b. fixed

c. flexible

d. all of these

  • c. flexible

Q. …………………budget is the preparation of budget starting from aclean state.

a. performance

b. zero base

c. cash

d. none of these

  • b. zero base

Q. …………is a summary of all function budgets in a Capsule form.

a. master budget

b. sales budget

c. performance budget

d. cash budget

  • a. master budget
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