Budgeting Paper 9

1

Which one of the following best describes the order in which budgets should be prepared when developing the annual master operating budget?






2

When preparing the series of annual operating budgets, management usually starts the process with the






3

Which of the following is normally included in the operating budget?






4

Which budget is prepared after the creation of the cash budget?






5

Which one of the following is not an advantage of activity-based budgeting?






6

An advantage of incremental budgeting when compared with zero-based budgeting is that incremental budgeting






7

The major appeal of zero-based budgeting is that it






8

A systemized approach known as zero-based budgeting (ZBB)






9

The major feature of zero-based budgeting (ZBB) is that it






10

A continuous profit plan






Result

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