Cost and Management Accounting (CMA) MCQs
R
Q 21. The budget starts without any base is .
G
Q 22. A flexible budget is prepared for a _.
G
Q 23. A fixed budget is prepared for only .
A
Q 24. The budget prepared for replacement of assets, expansion of production facilities, adoption of new technologies etc. is .
R
Q 25. The budget prepared to estimate the expenditure on fixed assets is known as.
V
Q 26. The budget prepared to estimate the research and development expenditure to be incurred during a specific period is .
V
Q 27. The budget prepared to estimate expenditure to be incurred to sell the product and its distribution is .
R
Q 28. The budget prepared to estimate the expenditure to be incurred for planning, organizing, direction and control function of the management is .
P
Q 29. Budget of indirect costs in the form of indirect wages, indirect material and indirect expenses in the factory is .
S