Type of accounting, which focuses on whom should be asked for information and whom not will be categorized as
A). focused accounting
B). responsibility accounting
C). information accounting
D). blame accounting
Compelling strategic plan, promoting coordination and providing framework of performance are
A). advantages of budget
B). disadvantages of budget
C). advantages of costing method
D). disadvantages of costing method
Degree of influence that a manager would have on revenues, cost, profit and investment is known as
A). controllability
B). influential power
C). responsibility
D). all of above
Mathematical relationships exist between operating and financing activities that affect master budget are called
A). math plan model
B). financial planning models
C). operating plan models
D). master plan models
In Kaizen budgeting, costs are based on all improvements which is
A). to be implemented
B). based on current practice
C). based on past prices
D). based on sold quantity