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1. Which one of the following factors would cause budgeted revenue to be less than the expected demand?

  • Excess capacity exists
  • Abundant resources are available
  • Excess supply of labor exists
  • Demand exceeds capacity

2. If a firm is using activity-based budgeting, the firm would use this in place of which of the following budgets?

  • Manufacturing overhead budget
  • Direct labor budget
  • Direct materials budget
  • Revenue budget

3. A responsibility center where the manager is accountable for only the revenues and costs is a(n)

  • profit center.
  • revenue center.
  • investment center.
  • cost center.

4. A cost that is primarily subject to the influence of a given responsibility center manager for a given period is a(n)

  • controllable cost.
  • allocated cost.
  • sunk cost.
  • uncontrollable cost.

 

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M9201503

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