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The capacity utilization ratio for is 85% and efficiency ratio for the month is 120%

Posted by RajeevKumar

The capacity utilization ratio for is 85% and efficiency ratio for the month is 120%

Question 150. payday loans in West Virginia : A budget in which a responsibility centre manager must justify each planned activity and its budgeted total cost is called – (A) Traditional budget (B) Zero based budget (C) Master budget (D) Functional budget Answer: (B) Zero based budget

Question 158

Question 151. : To produce one unit of ‘A’, two ingredients, ie., 2 kg of X and 3 kg of Y are required:

What will be the quantity of consumption of ingredients X and Y, if 20,000 units of A are sold – (A) 46,000 kg 69,000 kg respectively (B) 49,000 kg 72,000 kg respectively (C) 40,000 kg 60,000 kg respectively (D) 43,000 kg 63,000 kg respectively Answer: (A) 46,000 kg 69,000 kg respectively

Question 152. : Which one of the following would not form part of master budget – (A) Cash budget (B) Statement of profit and loss (C) Statement of financial position (D) None of the above Answer: (D) None of the above

Question 153. : Which one of the following is not advantage of budgetary control? (A) Maximization of profit through effective planning (B) Planned approach for expenditure (C) Create necessary conditions for setting-up of standard costs (D) Based on quantitative data and represent only an impersonal appraisal to the conduct of business activity Answer: (B) Planned approach for expenditure

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