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Accounting-05 Roehampton

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Título del test:
Accounting-05 Roehampton

Descripción:
Accounting Year 01 Roehampton University

Autor:
AVATAR
luisaf2002@yahoo.com
(Otros tests del mismo autor)


Fecha de Creación:
21/11/2020

Categoría:
Universidad

Número preguntas: 15
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Temario:
Involves the measuring, reporting, analysing and giving feedback on budget performance. It is used to allocate responsibility and lays the foundation for measuring the operational efficiency. Budgetary control Budgets Budgeting.
The two types of control used in budget management are Feedback and Forward Budgetary control and budgeting Fixed and variable costs.
It is the quantitative investigation of the difference between actual and planned behavior. It is used to maintain control over a business. Variance Analysis Balance Sheet Breaking-even point .
_________ are based on long-term planning of business organizations and hence assist in achieving ________________ Budgets, strategic organisational goals Budgeting, strategic organisational goals Budgeting, make the profits as planned.
Determination and attainment of goals, laying out of plans, making comparisons and finally, corrections or revisions, are the characteristics of: Budgetary Control Variance Analysis Income Statement .
The investigation of deviations in financial performance from the standards defined in organizational budgets Variance Analysis Budgetary Control Income Statement .
The meaning of CIMA Chartered Institute of Management Accountants Commissioned Institute of Management Accountants Chartered Institute of Management Appointed.
Variable that impedes the operation or growth of a business. Examples: sales demand, skilled labour, materials, shortage of power or finance Limiting factor Operational issue Operational constraints.
_________is an estimation of the cash flows for a business over a specific period of time. It is used to measure whether the entity has _______________ A cash budget, sufficient liquidity to operate A trade budget, sufficient liquidity to operate A cash budget, sufficient inventories to operate.
Planning tool that a management team uses to direct the activities of a corporation, as well as to judge the performance of its various responsibility centers Master Budget Central Budget Principal Budget.
The operating budget, the capital expenditure budget, and the cash budget are the components of the Master Budget Central Budget Principal Budget.
Match the concepts Budgets Budgeting Budgetary control .
Budget classification, match the concepts, two of each one Time Capacity Scope Recipients and Expenditure.
Basic Financial Statements, match the concepts, two of each one Balance Sheet Income Statement Cash Flow Statement.
Financial Statements, match the concepts, three of each one Balance Sheet Income Statement Cash Flow Statement.
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