A………… is useful only when the actual level of activity corresponds to the budgeted level of activity
A) Flexible budget
B) Master budget
C) Fixed budget
D) Sales budget
Correct Answer:
Verified
Q1: In marginal costing managerial decisions are guided
Q2: There will be…………in marginal costing when there
Q3: Marginal costing is a technique of
A)Cost reduction
B)Cost
Q4: In differential cost analysis decisions are taken
Q6: ………… is the act of building budgets
A)Budgeting
B)Estimating
C)Forecasting
D)ZBB
Q7: Budgeting system……………. key managerial functions
A)Co-ordinate
B)Integrates
C)Controls
D)Organize
Q8: ……………. is a budget starts from zero
A)ZBB
B)PB
C)PPB
D)All
Q9: ……………. is the budget incorporating all the
Q10: ……………. is the most important budget
A)Master budget
B)Cash
Q11: ……………. forms the basis on which all
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