Q.1
Cash Budget is a ……………….budget.
  • Long term
  • very long term
  • short term
  • very short term
Q.2
Sales budget is a
  • Functional budget
  • Master budget
  • Expenditure budget
  • none of these
Q.3
……………..determines the priorities of functional budget.
  • Principal Budget Factor
  • Limiting Factor
  • both a & b
  • none of the abov
Q.4
……………….is a summary of all function budgets in a Capsule form.
  • Master Budget
  • Sales budget
  • Performance budget
  • Cash Budget
Q.5
Activity Ratio =
  • Number of actual working days in a period x 100 Number of working days in the budget period
  • Actual hours worked x 100 Budgeted hours
  • Standard hours for actual production x 100 Actual hours worked
  • Standard hours for actual productionx 100
Q.6
Efficiency Ratio=
  • Number of actual working days in a period x 100 Number of working days in the budget period
  • Actual hours worked x 100 Budgeted hours
  • Standard hours for actual production x 100 Actual hours worked
  • Standard hours for actual productionx 100 Budgeted standard hours
Q.7
Capacity Ratio =
  • Number of actual working days in a period x 100 Number of working days in the budget period
  • Actual hours worked x 100 Budgeted hours
  • Standard hours for actual production x 100 Actual hours worked
  • Standard hours for actual productionx 100 Budgeted standard hours
Q.8
Calendar Ratio =
  • Number of actual working days in a period x 100 Number of working days in the budget period
  • Actual hours worked x 100 Budgeted hours
  • Standard hours for actual production x 100 Actual hours worked
  • Standard hours for actual productionx 100 Budgeted standard hours
Q.9
…………………budget is the preparation of budget starting from aclean state.
  • Performance
  • Zero Base
  • Cash
  • none of these
Q.10
…………………budget gives differentbudgeted costs for different levelsof activity.
  • Master
  • Fixed
  • Flexible
  • all of these
0 h : 0 m : 1 s