Which of the following best describes a method of budgeting in which the cost of each...
Which of the following best describes a method of budgeting in which the cost of each program must be justified every year?
Multiple Choice
-
Operational budgeting.
-
Zero-based budgeting.
-
Continuous budgeting.
-
Responsibility accounting.
Homework Answers
|
Option B is the answer Zero based budgeting |
|
|
Zero based budgeting is the budgeting technique in which all the expenses are justified for each new period. Comment if you face any issues |
Add Answer to:
Which of the following best describes a method of budgeting in which the cost of each...
MC Qu. 4-37 Which of the following best describes when... Which of the following best describes...
MC Qu. 4-37 Which of the following best describes when... Which of the following best describes when an accrual adjustment is required? Multiple Choice An expense has been incurred and paid in cash. An expense has been incurred but not yet paid in cash. An expense has not been incurred, but cash has been paid. О O An expense has not been incurred nor has it been paid in cash. < Pray 4 of 10 !!! Neng >
Which of the following best describes the function of managerial accounting within an organization? Multiple Choice...
Which of the following best describes the function of managerial accounting within an organization? Multiple Choice It has its primary emphasis on the future. It places more emphasis on precision of data than financial accounting does. It focuses on the organization as a whole, rather than on the organization's segments. It is required by regulatory bodies such as the Ontario Securities Commission.
Which of the following best describes the function of managerial accounting within an organization? Multiple Choice...
Which of the following best describes the function of managerial accounting within an organization? Multiple Choice It is required by regulatory bodies such as the Ontario Securities Commission It has its primary emphasis on the future, It focuses on the organization as a whole, rather than on the organization's segments. It places more emphasis on precision of data than financial accounting does.
Which of the following best describes the independent auditors' approach to obtaining satisfaction concerning depreciation expense...
Which of the following best describes the independent auditors' approach to obtaining satisfaction concerning depreciation expense in the income statement? Multiple Choice () Reconcile the amount of depreciation expense to those amounts credited to accumulated depreciation accounts 0 Establish the basis for depreciable assets and verify the depreciation expense Determine the method for computing depreciation expense and ascertain that is in accordance with generally accepted accounting principles C ) Verify the mathematical accuracy of the amounts charged to income as...
Which of the following best describes credit sales? Multiple Choice Cash sales to customers that are...
Which of the following best describes credit sales? Multiple Choice Cash sales to customers that are new to the company. Sales to customers using credit cards. Sales to customers on account. Sales with a high risk that the customer will return the product. $22.000; 9 A company reported the following amounts at the end of the year: total sales revenue = $624,000; sales allowances - $6,000; sales returns net revenues $588,000. What amount did the company report for sales discounts...
Which of the following terms best describes the audit of a taxpayer's tax return by an...
Which of the following terms best describes the audit of a taxpayer's tax return by an IRS auditor? A Operational audit. B Compliance audit. C Government audit. D Internal audit.
Which of the following best describes costs assigned to the product under the variable costing method?
MC Qu. 79 Which of the following best describes costs...Which of the following best describes costs assigned to the product under the variable costing method?Direct labor (DL)Direct materials (DM)Variable selling and administrative (VSA)Variable manufacturing overhead (VOH)Fixed selling and administrative (FSA)Fixed manufacturing overhead (FOH)
accounting multiple choice Which of the following best describes the advantages of using a predetermined overhead...
accounting multiple choice
Which of the following best describes the advantages of using a predetermined overhead rate? Select one or more: a. Both (a) and (C) above. b. Overhead costs are applied evenly throughout the year rather than fluctuating from month to month. c. Predetermined rates require managers to wait until long after the accounting period to get an estimate of product costs. d. Total unit costs of production are known sooner than using actual overhead rates, and overhead costs...
Which of the following best describes the relationship between revenue and retained earnings? Multiple Choice A....
Which of the following best describes the relationship between revenue and retained earnings? Multiple Choice A. Revenue represents a cash receipt; retained earnings is an element of stockholders' equity. B. Retained earnings is equal to assets minus expenses. C. Revenue represents the price of goods sold or services rendered; retained earnings represents cash available for paying dividends. D. Revenue increases net income, which in turn increases retained earnings. Which of the following is not a right of stockholders? Multiple Choice...
Which of the following best describes Power Pivot? Multiple Choice a. It is an Excel add-in....
Which of the following best describes Power Pivot? Multiple Choice a. It is an Excel add-in. b. It is a database manager. c. It allows integrating both Excel tables and tables from external sources. d. It supports the creation of sophisticated pivot tables. All of the choices describe Power Pivot.
MC Qu. 4-37 Which of the following best describes when... Which of the following best describes when an accrual adjustment is required? Multiple Choice An expense has been incurred and paid in cash. An expense has been incurred but not yet paid in cash. An expense has not been incurred, but cash has been paid. О O An expense has not been incurred nor has it been paid in cash. < Pray 4 of 10 !!! Neng >
Which of the following best describes the function of managerial accounting within an organization? Multiple Choice It has its primary emphasis on the future. It places more emphasis on precision of data than financial accounting does. It focuses on the organization as a whole, rather than on the organization's segments. It is required by regulatory bodies such as the Ontario Securities Commission.
Which of the following best describes the function of managerial accounting within an organization? Multiple Choice It is required by regulatory bodies such as the Ontario Securities Commission It has its primary emphasis on the future, It focuses on the organization as a whole, rather than on the organization's segments. It places more emphasis on precision of data than financial accounting does.
Which of the following best describes the independent auditors' approach to obtaining satisfaction concerning depreciation expense in the income statement? Multiple Choice () Reconcile the amount of depreciation expense to those amounts credited to accumulated depreciation accounts 0 Establish the basis for depreciable assets and verify the depreciation expense Determine the method for computing depreciation expense and ascertain that is in accordance with generally accepted accounting principles C ) Verify the mathematical accuracy of the amounts charged to income as...
Which of the following best describes credit sales? Multiple Choice Cash sales to customers that are new to the company. Sales to customers using credit cards. Sales to customers on account. Sales with a high risk that the customer will return the product. $22.000; 9 A company reported the following amounts at the end of the year: total sales revenue = $624,000; sales allowances - $6,000; sales returns net revenues $588,000. What amount did the company report for sales discounts...
accounting multiple choice
Which of the following best describes the advantages of using a predetermined overhead rate? Select one or more: a. Both (a) and (C) above. b. Overhead costs are applied evenly throughout the year rather than fluctuating from month to month. c. Predetermined rates require managers to wait until long after the accounting period to get an estimate of product costs. d. Total unit costs of production are known sooner than using actual overhead rates, and overhead costs...
Most questions answered within 3 hours.
-
Your friend is interested in the characteristics of fast tree
planters. He searched through the records...
asked 2 minutes ago -
. 0.67 g of Ag is deposited electrolytically from
AgNO3 after a certain period of time...
asked 4 minutes ago -
assuming that the boric acid, h3po3 present at the end of the
borax tritation has a...
asked 3 minutes ago -
When a carbonate solution is acidified, carbon dioxide is
produced.
2H+(aq) + CO32-(aq) → H2O(l) +...
asked 42 minutes ago -
A reaction has the following rate law: Rate =
kr[A][B]2. In experiment 1, the
concentrations of...
asked 40 minutes ago -
king owns a large number of public pay phones. as rhe use of
payphones decline deamatically,...
asked 43 minutes ago -
3.7 - A book is sitting on a table. The mass of the book
is 1...
asked 59 minutes ago -
Which term describes the process by which a single strand of DNA
serves as a template...
asked 1 hour ago -
LAB FOOD DRING
ANSWER THE QUESTIONS:
Q1. What value is the moisture content versus time and...
asked 1 hour ago -
You are told that an object has zero acceleration. Two forces on
the object are: F_1...
asked 1 hour ago -
The usual starting point for preparing a master budget is
forecasting or estimating:
Multiple Choice
Sales....
asked 1 hour ago -
How to make a simple game in pygame where an object is randomly
falling from the...
asked 1 hour ago