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Q. Budgetary control __________ replace management in decision‐making.

Q. Permanent working capital ___________.

Q. Which of the following is not a cash inflow?

Q. Net working capital is the excess of current assets over ________.

Q. Gross working capital represents __________.

Q. XYZ factory working for 50 hours per week employs hundred workers on a job work. The standard output is 200 units per gang hour and standard rate is Rs 1 per hour. During a week in June, five employees were paid @ Rs 1.20 per hour and ten employees were paid @ 80 paise per hour. Rest of the employees were paid @ standard hour rate. The actual number of units produced was 10,200. Determine labour cost variance

Q. The area of focus on responsibility center is

Q. If the actual price input is $700, the budgeted price of input is $400 and the actual quantity of input are 50 units, then the price variance will be

Q. A positive (net) working capital will arise when current assets exceed _________.

Q. Plant utilization budget and Manufacturing overhead budgets are types of.