Cost and Management Accounting (CMA) MCQs and Notes
A
Q 31. Labour budget is a part of .
V
Q 32. Materials purchase budget is prepared on the basis of .
V
Q 33. Material budget consists of two parts, one is the consumption budget and another Is .
V
Q 34. Material consumption budget is prepared on the basis of .
V
Q 35. The budget which shows the budgeted quantity of output to be produced during a specific period is.
P
Q 36. Long-term budgets are prepared for .
R
Q 37. Budget designed to remain constant irrespective of the level of activity attained is called .
A
Q 38. Budgetary control starts with .
V
Q 39. The entire process of preparing the budgets is known as .
R
Q 40. Operation budgets normally cover a period of .
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