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Class 12 · Business Studies · Expert
→If sales and production departments use different demand estimates which budgeting principle will be affected?
Class 12 · Business Studies · Expert
→If authority and responsibility are not clear in a budget manual what problem will arise?
Class 12 · Business Studies · Expert
→When will failure of the budget committee be seen most clearly?
Class 12 · Business Studies · Expert
→What is the major opportunity cost of keeping surplus cash idle for a long time?
Class 12 · Business Studies · Expert
→If cash deficit in a budget is only for two weeks what may be the most suitable response?
Class 12 · Business Studies · Expert
→Treating credit sales as immediate cash in a cash budget will create which mistake?
Class 12 · Business Studies · Expert
→What is the main benefit of adjusting costs according to activity level in a flexible budget?
Class 12 · Business Studies · Expert
→If actual activity level is very different from budgeted activity why will comparison with fixed budget be weak?
Class 12 · Business Studies · Expert
→A manager deliberately keeps sales target low to easily earn bonus. This is an example of which problem?
Class 12 · Business Studies · Expert
→In which situation will zero based budgeting be more suitable than incremental budgeting?
Class 12 · Business Studies · Expert
→A department showed lower expenses but customer complaints increased. What is the best interpretation of the budget report?
Class 12 · Business Studies · Expert
→If a master budget is based on inconsistent assumptions of different departments what will be the main risk?
Class 12 · Business Studies · Expert
→A company ignored both production capacity and material availability while preparing the sales budget. Which budgeting error is most clearly shown?
Class 12 · Business Studies · Hard
→A company fixes expenditure limits for each department in the budget but does not assign responsibility for achieving targets to any officer. Why will budgetary control become weak?
Class 12 · Business Studies · Hard
→In a successful budget review meeting. What should be discussed most importantly?
Class 12 · Business Studies · Hard
→A company prepares a new budget by simply adding ten percent to last year's expenditure. Which approach's weakness is shown?
Class 12 · Business Studies · Hard
→Why can a budget also create conflict among departments?
Class 12 · Business Studies · Hard
→A service organisation fixes human hours and expenditure limits for each project. What does this budget indicate?
Class 12 · Business Studies · Hard
→What type of decision can be taken by comparing standard cost and actual cost in a budget?
Class 12 · Business Studies · Hard
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