Ünite Sınavı Soruları

I. It is among the budgets according to its scope.

II. It is budget representing the sources and uses of cash during the budget period. 

What is the type of budget that the features listed above?

I. Efficient Resource Allocation

II. Communication

III. Coordination

IV. Performance Evaluation

Which of the above are among the benefits of budgeting?

If the operations are suggested to incur cumulatively over the years, ......................is preferable; whereas ................. may be better for planning each year separate than the preceding one.

Which of the following should be brought to the places left blank above?

What is a quantitative expression of the managements’ plans for a specific period of time, either in physical or financial terms or both?

.......................... can be defined as quantitative expressions of management’s
plans of actions for a specific period of time.

Which of the following should be brought to the space left above?

"Bill of materials ................................."

Which of the following best completes the statement above?

Which of the following is the combination of operational and financial budgets covering all aspects of company’s operations for a period of time?

Which of the following is not an example of a financial budget?

The final stage of which budget is the preparation of the proforma income statement?

Which type of budgets determines the goals to reach in the short-term period, which is usually a 12 months period?

"Financial leverage......................"

Which of the following best completes the statement above?

Which of the below is one of the behavioral issues of budgeting, which states that managers consciously include higher expenditures and lower revenues than they actually believe will occur?

1. Authoritative (imposed) budgeting is a top-down process of budgeting, in which managers set the goals and communicate to subordinates.
2. Participative budgeting represents a bottom-up approach that involves all levels of people in the company in the budgeting process.
3. Participative budgeting is better for decision-making control but does not provide a commitment of subordinates.
4. Authoritative budgeting provides more realistic goals, because subordinates have in-depth knowledge of what can be done in the field.

Which of the statements above about Authoritative / Participative Budgeting are correct?

1. These budgets are prepared to prevent the unexpected effects of uncertainties in activity volumes.
2. This kind of budgets is prepared for a specific interval, rather than a specific activity level, by considering the cost behavior pattern.
3. These budgets help management with the variance analysis and make it easier to match the variances with the corresponding responsibility centers.

Which type of budgets is defined above?

Which of the following is classification according to time covered budget type?

Which of the following is a term that states the consistency between the objectives of the organization and its subordinates is important to achieve the desired results?

Which of the following is the use of debt in financing the acquisition of new assets?

Which type of budgets is the comprehensive set of schedules and budgets that covers all phases of the company’s operations and describes the company’s overall financial plans for the following period?