Which of the following statement is true about budgeting?A.A budget considers quality and customer service.B.Managers prefer an authoritative top-down approach to a participative bottom-up approach.C.Top-down is commonly used in short-range planning.D.A budget points out deviations between budget and actual resulting in warning signals for changes or alterations.2.) D.creates budget slack. C) The budget should be designed from the bottom up, with input from managers at all levels. Which of the following statements about budgeting is not true? What linkages are currently missing in the design and implementation of a multi-sectoral nutrition strategy? On Tuesday, the campaign spent $20. Determine the depreciation for the month. It should be used when the actual level of activity is materially different from the master budget activity level. answer choices . Which of the following statements is true about budgeting? The Relative Price Of One Good Compared To The Other Determines The Consumer's Total Budget. Home >> Category >> Finance (MCQ) Questions and answers >> Management Accounting; Q. [3-4 Marks] Answer: Public goods are those goods and services for which consumption by some individuals does not reduce the amount available to others. C.identifies budget padding. A) It is a part of the financial budget. True B. 34.Which statement is not true concerning the development of a budget? 2. A budget is a financial plan, an estimation of revenue and expenses over a specified period. On January 1, Year 1, Drake Co. leased equipment from Brewer, Inc. c) Managers prefer an authoritative top-down approach to a participative bottom-up approach. answer! 2 days ago, Posted a) A budget points out deviations between budget and actual resulting in warning signals for changes or alterations. Recource Marketing 12 And d.The staffing budget is based on maximum capacity. A.A static budget is adjusted for changes in the level of sales activity. Correct Answer is The campaign paused until automatically resuming on Wednesday The following statement can also be true if the words "is input" is substituted by "is one of the inputs" Which of the following statement is true about budgeting . False 4. © 2007-2021 Transweb Global Inc. All rights reserved. B) Flexible budgets help provide a basis for management by exception. Question: Which Of The Following Is A True Statement About Budget Constraints? It considers performance at numerous activity levels. D) All of the listed statements are true … Budget is prepared for an indefinite period. Answer: Spending on advertising is calculated after operating expenses, and capital outlays are deducted from total revenues. Here is the answer to GreenTree is running a Sponsored Products campaign with a daily budget of $20. A)It considers performance at numerous activity levels. Which of the following statements regarding the staffing budget is true? Services, Effective Budgeting: Advantages & Essentials, Working Scholars® Bringing Tuition-Free College to the Community. It is appropriate in evaluating a managers effectiveness in controlling fixed costs. False 5. Using recent financial statements of both Kensington and... Log into your existing Transtutors account. The campaign paused until GreenTree increased the budget on Wednesday. False 6. The campaign automatically continued running on Tuesday. Which of the following statement is true about budgeting?A.A budget considers quality and customer service.B.Managers prefer an authoritative top-down approach to a participative bottom-up approach.C.Top-down is commonly used in short-range planning.D.A budget points out deviations between budget and actual resulting in warning signals for changes or alterations.2.) B) The company's external auditors should always approve the budget. Get it solved from our top experts within 48hrs! Create your account. Order ID: TTs12012178796737 Q1. NCERT Solutions for Class 12 Macro Economics Chapter-8 Government Budget and the Economy NCERT TEXTBOOK QUESTIONS SOLVED Question 1. The... A diesel-powered generator with a cost of $345,000 and estimated residual value of $18,000 is expected to have a useful operating life of 75,000 hours.