A budgeting process which demands each manager to justify his entire budget in detail from beginning is A. Functional budget B. Master budget C. Zero base budgeting D. None of the above

A budgeting process which demands each manager to justify his entire budget in detail  from beginning is
A. Functional budget
B. Master budget
C. Zero base budgeting
D. None of the above
by

1 Answer

Answer :

C. Zero base budgeting
by

Related questions

______also known as subsidiary budgets. A. Master budget B. Functional budget C. Cost budget D. None of the above

Description : ______also known as subsidiary budgets. A. Master budget B. Functional budget C. Cost budget D. None of the above

Last Answer : B. Functional budget

A budget which is prepared in a manner so as to give the budgeted cost for any level of activity is known as: (a) Master budget (b) Zero base budget ((c) Functional budget (d) Flexible budget

Description :  A budget which is prepared in a manner so as to give the budgeted cost for any level of activity is  known as:  (a) Master budget (b) Zero base budget ((c) Functional budget (d) Flexible budget

Last Answer : (d) Flexible budget

Which of the following statements are not true about budget, budgeting & budgetary control? A. Budgetary control works on the basis of best option B. Budget is one of the important mediums of communication C. Budgeting develops the quality of objectivity in planning D. None of the above

Description : Which of the following statements are not true about budget, budgeting & budgetary control? A. Budgetary control works on the basis of best option B. Budget is one of the important mediums of communication C. Budgeting develops the quality of objectivity in planning D. None of the above

Last Answer : D. None of the above

The process of budgeting helps in the control of A. Cost of production B. Liquidity C. Capital Expenditure D. All of the above

Description : The process of budgeting helps in the control of A. Cost of production B. Liquidity C. Capital Expenditure D. All of the above

Last Answer : D. All of the above

___________ is a summary of all functional budgets in a capsule form. (a) Functional Budget (b) Master Budget (c) Long Period Budget (d) Flexible Budget

Description : ___________ is a summary of all functional budgets in a capsule form. (a) Functional Budget (b) Master Budget (c) Long Period Budget (d) Flexible Budget

Last Answer : (b) Master Budget

Deepak, Ashwani and Tarun jointly promised to pay ` 90,000 to Pradeep. Deepak was compelled by Pradeep to pay the entire amount of ` 90,000. Here: A. Deepak can file a suit against Pradeep for recovery of amount exceeding his share. B. Deepak is entitled to recover ` 30,000 each from Ashwani and Tarun C. On payment by Deepak, the contract is discharged and Ashwani and Tarun are also not liable to Deepak. D. Pradeep is not justified here and is liable to refund the entire amount to Deepak.

Description : Deepak, Ashwani and Tarun jointly promised to pay ` 90,000 to Pradeep. Deepak was compelled by Pradeep to pay the entire amount of ` 90,000. Here: A. Deepak can file a suit against Pradeep for ... to Deepak. D. Pradeep is not justified here and is liable to refund the entire amount to Deepak.

Last Answer : B. Deepak is entitled to recover ` 30,000 each from Ashwani and Tarun

Complete the following statement. As a project manager, Darrell is excited that he is assigned to be in charge of the most important project this year. After being chartered for the project, he analyses the information in the project charter and the stakeholder register to: Select one: a. decide how to draft a scope statement. b. start to define and develop the stakeholder needs and requirements c. prepare for the template to monitor project progress. d. estimate the entire project budget.

Description : Complete the following statement. As a project manager, Darrell is  excited that he is assigned to be in charge of the most important project  this year. After being chartered for the project, he ... c. prepare for the template to monitor project progress. d. estimate the entire project budget.

Last Answer : b. start to define and develop the stakeholder needs and requirements

Which statement does not reflect the idea of ethical relativism: A. All opinions are equal; no one can say what is ethically right or wrong. B. One's culture, society, or personal feelings are the only criteria for deciding what is ethically right or wrong. C. Determining what is ethically right or wrong is a process of arguing from an appeal to values and principles that justify and legitimize an opinion. D. Philosophical ethics is simply a process of clarifying values, not a process of justifying them.

Description : Which statement does not reflect the idea of ethical relativism: A. All opinions are equal; no one can say what is ethically right or wrong. B. One's culture, society, or personal feelings are ... D. Philosophical ethics is simply a process of clarifying values, not a process of justifying them.

Last Answer : C. Determining what is ethically right or wrong is a process of arguing from an appeal to values and principles that justify and legitimize an opinion.

Which statement does not reflect the idea of ethical relativism: A. All opinions are equal; no one can say what is ethically right or wrong. B. One's culture, society, or personal feelings are the only criteria for deciding what is ethically right or wrong. C. Determining what is ethically right or wrong is a process of arguing from an appeal to values and principles that justify and legitimize an opinion. D. Philosophical ethics is simply a process of clarifying values, not a process of justifying them.

Description : Which statement does not reflect the idea of ethical relativism: A. All opinions are equal; no one can say what is ethically right or wrong. B. One's culture, society, or personal feelings are ... . D. Philosophical ethics is simply a process of clarifying values, not a process of justifying them.

Last Answer : C. Determining what is ethically right or wrong is a process of arguing from an appeal to values and principles that justify and legitimize an opinion.

From when was the Zero Base Budgeting in India first experimented? -General Knowledge

Description : From when was the Zero Base Budgeting in India first experimented? -General Knowledge

Last Answer : The answer is 'April, 1987'

From when was the Zero Base Budgeting in India first experimented? -General Knowledge

Description : From when was the Zero Base Budgeting in India first experimented? -General Knowledge

Last Answer : The answer is 'April, 1987'

From when was the Zero Base Budgeting in India first experimented? -General Knowledge

Description : From when was the Zero Base Budgeting in India first experimented? -General Knowledge

Last Answer : answer:

From when was the Zero Base Budgeting in India first experimented? -General Knowledge

Description : From when was the Zero Base Budgeting in India first experimented? -General Knowledge

Last Answer : answer:

From when was the Zero Base Budgeting in India first experimented? -General Knowledge

Description : From when was the Zero Base Budgeting in India first experimented? -General Knowledge

Last Answer : answer:

From when was the Zero Base Budgeting in India first experimented? -General Knowledge

Description : From when was the Zero Base Budgeting in India first experimented? -General Knowledge

Last Answer : answer:

In public budgets, zero-base budgeting was first introduced in - (1) USA (2) UK (3) France (4) Sweden

Description : In public budgets, zero-base budgeting was first introduced in - (1) USA (2) UK (3) France (4) Sweden

Last Answer : (1) USA Explanation: Zero-based budgeting is an approach to planning and decision-making which reverses the working process of traditional budgeting. This technique of budgeting was developed by Peter ... with Phyrr to implement a ZBB system for the State of Georgia executive budget process.

1. Sound travels faster in which thing? 2. Who was the first General-Secretary of the Indian National Congress? 3. From when was the Zero Base Budgeting in India first experimented? 4. Rainfall in the doldrums is of the nature of which precipitation? 5. Which first Indian leader to undergo imprisonment in 1882?

Description : 1. Sound travels faster in which thing? 2. Who was the first General-Secretary of the Indian National Congress? 3. From when was the Zero Base Budgeting in India first experimented? 4. Rainfall in ... equator found? 20. After whose name was a women's division of the Indian National Army named?

Last Answer : Answer : 1. Iron than in air 2. Dadabhai Naoroji 3. April, 1987 4. Orographic precipitation 5. C. Vijiaraghavachari 6. Bacteria, microalgae and fungi. 7. 500 8. Because of barium 9. ... By Parliamentary Act 17. Surface tension 18. Inflation 19. North of the geographical equator 20. Rani Jhansi

1. Which Union Territory attained statehood in February, 1987 ? 2. Which oxyacid of halogen has maximum acidic nature? 3. From when was the Zero Base Budgeting in India first experimented? 4. What is most important reason for dwindling forest resources today? 5. “The best and bravest of the military leader of the rebels”- about whom was this said by Sir Hugh Rose?

Description : 1. Which Union Territory attained statehood in February, 1987 ? 2. Which oxyacid of halogen has maximum acidic nature? 3. From when was the Zero Base Budgeting in India first experimented? 4. What ... the Bay of Bengal? 20. In ancient India, at where was the earliest capital of Magadha kingdom?

Last Answer : Answer : 1. Goa 2. HClO4 3. April, 1987 4. Over felling 5. Rani of Jhansi 6. Shane Warne 7. Process of habitat loss 8. Article 40 9. 30 percent 10. Sarojini Naidu 11. Rectifier 12. P.R. Ramesh ... 14. 150 to 400 15. Protest against Rowlatt Act 16. Red pandas 17. 73rd 18. Cracking 19. 204 20. Rajgir

In public budgets, zero-base budgeting was first introduced in (1) USA (2) UK (3) France (4) Sweden

Description : In public budgets, zero-base budgeting was first introduced in (1) USA (2) UK (3) France (4) Sweden

Last Answer : USA

Identify the statement that is consistent with utilitarian ethical theory: A. Adhering to a set of principles may well forbid an act that would otherwise provide overall net good consequences. B. No act is ever morally right or wrong in all cases, in every situation. It will all depend on the act's consequences. C. Some actions like murder, theft, rape, and lying are wrong of their very nature, the kind of acts they are. No amount of net good consequences could ever justify them. D. The end never justifies the means.

Description : Identify the statement that is consistent with utilitarian ethical theory: A. Adhering to a set of principles may well forbid an act that would otherwise provide overall net good consequences. B. No ... amount of net good consequences could ever justify them. D. The end never justifies the means.

Last Answer : B. No act is ever morally right or wrong in all cases, in every situation. It will all depend on the act's consequences.

How can you describe the thinking and outlook of transformational leaders? A. Strategic B. Operational C. Functional D. Developmental

Description : How can you describe the thinking and outlook of transformational leaders? A. Strategic B. Operational C. Functional D. Developmental

Last Answer : D. Developmental

In which of these areas might you face pressures? A. Working with colleagues from different functional areas within the organisation B. Meeting reporting deadlines C. Allocating bonuses D. all of the above

Description : In which of these areas might you face pressures? A. Working with colleagues from different functional areas within the organisation B. Meeting reporting deadlines C. Allocating bonuses D. all of the above

Last Answer : D. all of the above

In which of these areas might you face pressures? A. Working with colleagues from different functional areas within the organisation B. Meeting reporting deadlines C. Allocating bonuses D. All of the above

Description : In which of these areas might you face pressures? A. Working with colleagues from different functional areas within the organisation B. Meeting reporting deadlines C. Allocating bonuses D. All of the above

Last Answer : D. All of the above

A time-phased budget that project managers use to measure and monitor cost performance. A. Cost Baseline B. Cost Budgeting C. Cost Estimating D. Cost Variance

Description :  A time-phased budget that project managers use to measure and monitor cost performance. A. Cost Baseline B. Cost Budgeting C. Cost Estimating D. Cost Variance

Last Answer : A. Cost Baseline

How can the R&D cycle time be reduced? a. Increasing automation levels b. Budgeting money to quality initiatives c. Increasing R&D budget d. Decreasing product portfolio e. Decreasing capacity

Description : How can the R&D cycle time be reduced? a. Increasing automation levels b. Budgeting money to quality initiatives c. Increasing R&D budget d. Decreasing product portfolio e. Decreasing capacity

Last Answer : b. Budgeting money to quality initiatives

Following is(are) the responsibility(ies) of the project manager. (A) Budgeting and cost control (B) Allocating resources (C) Tracking project expenditure

Description : Following is(are) the responsibility(ies) of the project manager. (A) Budgeting and cost control (B) Allocating resources (C) Tracking project expenditure

Last Answer : (C) Tracking project expenditure

Following is(are) the responsibility(ies) of the project manager. (A)Budgeting and cost control (B)Allocating resources (C)Tracking project expenditure (D)All of the above

Description : Following is(are) the responsibility(ies) of the project manager. (A)Budgeting and cost control (B)Allocating resources (C)Tracking project expenditure (D)All of the above

Last Answer : (D)All of the above

Technique helps the manager in taking various important decisions. a) Standard costing b) marginal costing c) absorption costing d) Budgeting costing

Description : Technique helps the manager in taking various important decisions. a) Standard costing b) marginal costing c) absorption costing d) Budgeting costing

Last Answer : b) marginal costing

Technique helps the manager in taking various important decisions. a) Standard costing b) marginal costing c) absorption costing d) Budgeting costing

Description : Technique helps the manager in taking various important decisions. a) Standard costing b) marginal costing c) absorption costing d) Budgeting costing

Last Answer : b) marginal costing

______ is prepared for single level of activity and single set of business conditions. A. Fixed budget B. Flexible budget C. Both a and b D. None of the above

Description : ______ is prepared for single level of activity and single set of business conditions. A. Fixed budget B. Flexible budget C. Both a and b D. None of the above

Last Answer : A. Fixed budget

________ is stated as a budget which is made to change as per the levels of activity attained. A. Fixed budget B. Flexible budget C. Both a and b D. None of the above

Description : ________ is stated as a budget which is made to change as per the levels of activity attained. A. Fixed budget B. Flexible budget C. Both a and b D. None of the above

Last Answer : B. Flexible budget

________ is the first step of budgetary system and all other budgets depends on it. A. Cost budget B. Sales budget C. Production budget D. None of the above

Description : ________ is the first step of budgetary system and all other budgets depends on it. A. Cost budget B. Sales budget C. Production budget D. None of the above

Last Answer : B. Sales budget

_______ is designed after assessment of the volume of output to be produced during budget period. A. Cost budget B. Sales budget C. Production budget D. None of the above

Description : _______ is designed after assessment of the volume of output to be produced during budget period. A. Cost budget B. Sales budget C. Production budget D. None of the above

Last Answer : A. Cost budget

Plant utilization budget and Manufacturing overhead budgets are types of A. Production budget B. Sales budget C. Cost budget D. None of the above

Description : Plant utilization budget and Manufacturing overhead budgets are types of A. Production budget B. Sales budget C. Cost budget D. None of the above

Last Answer : C. Cost budget

______ provides an estimate of the capital amount that may be required for buying fixed assets needed for meeting production requirements. A. Production budget B. Cash budget C. Capital expenditure budget D. None of the above

Description : ______ provides an estimate of the capital amount that may be required for buying fixed assets needed for meeting production requirements. A. Production budget B. Cash budget C. Capital expenditure budget D. None of the above

Last Answer : B. Cash budget

While preparing sales budget, which of the following factors are considered? A. Non-operational factors B. Environmental factors C. Both a and b D. None of the above

Description : While preparing sales budget, which of the following factors are considered? A. Non-operational factors B. Environmental factors C. Both a and b D. None of the above

Last Answer : B. Environmental factors

R&D budget and Capital expenditure budget are examples of A. Short-term budget B. Current budget C. Long-term budget D. None of the above

Description : R&D budget and Capital expenditure budget are examples of A. Short-term budget B. Current budget C. Long-term budget D. None of the above

Last Answer : C. Long-term budget

Method of managing advertising budget at level company can have money for is classified as A. percentage of sales method B. affordable method C. competitive parity method D. objective and task method

Description : Method of managing advertising budget at level company can have money for is classified as A. percentage of sales method B. affordable method C. competitive parity method D. objective and task method

Last Answer : B. affordable method

Method of managing promotional budget to match outlays of competitors is called A. percentage of sales method B. affordable method C. competitive parity method D. objective and task method

Description : Method of managing promotional budget to match outlays of competitors is called A. percentage of sales method B. affordable method C. competitive parity method D. objective and task method

Last Answer : C. competitive parity method

Methods used to determine total budget for advertising its market offerings are A. affordable method B. competitive parity method C. percentage of sales method D. all of above

Description : Methods used to determine total budget for advertising its market offerings are A. affordable method B. competitive parity method C. percentage of sales method D. all of above

Last Answer : D. all of above

Method of managing advertising budget at a certain percentage of sales price per unit or forecasted sales of products is classified as A. percentage of sales method B. affordable method C. competitive parity method D. objective and task method

Description : Method of managing advertising budget at a certain percentage of sales price per unit or forecasted sales of products is classified as A. percentage of sales method B. affordable method C. competitive parity method D. objective and task method

Last Answer : A. percentage of sales method

Method of managing promotion budget by defining objectives, determining tasks to achieve objectives and estimating costs for activities is called A. percentage of sales method B. affordable method C. competitive parity method D. objective and task method

Description : Method of managing promotion budget by defining objectives, determining tasks to achieve objectives and estimating costs for activities is called A. percentage of sales method B. affordable method C. competitive parity method D. objective and task method

Last Answer : D. objective and task method

Although the promotion mix is the company’s primary communication activity, the __________________ must be coordinated for greatest communication impact. A. Organizational culture B. Entire marketing mix C. Demand mix D. Profit variables in a company

Description : Although the promotion mix is the company’s primary communication activity, the __________________ must be coordinated for greatest communication impact. A. Organizational culture B. Entire marketing mix C. Demand mix D. Profit variables in a company

Last Answer : B. Entire marketing mix

The difference between transactional selling and relationship selling is A. In transaction, selling buyers must pay cash B. In relationship selling, buyers and sellers must be related C. In transaction selling, sellers provide greater service D. In relationship selling, sellers work to provide value to their customers e. In transaction selling, the transaction is the beginning of a relationship

Description : The difference between transactional selling and relationship selling is A. In transaction, selling buyers must pay cash B. In relationship selling, buyers and sellers must be related C. In ... to their customers e. In transaction selling, the transaction is the beginning of a relationship

Last Answer : D. In relationship selling, sellers work to provide value to their customers e. In transaction selling, the transaction is the beginning of a relationship

A Void Contract A. Is void from the very beginning? B. Enforceable at the option of both the parties. C. Enforceable at the option of one party D. Not enforceable in the court of law

Description : A Void Contract A. Is void from the very beginning? B. Enforceable at the option of both the parties. C. Enforceable at the option of one party D. Not enforceable in the court of law

Last Answer : D. Not enforceable in the court of law

The following is (are) the indirect labour cost(s) A. Wages paid to storekeeper B. Salary of works manager C. Wages paid to gatekeeper D. All of the above

Description : The following is (are) the indirect labour cost(s) A. Wages paid to storekeeper B. Salary of works manager C. Wages paid to gatekeeper D. All of the above

Last Answer : D. All of the above

Which of the following is not an area of responsibility for a logistics manager? A. Inventory B. Marketing C. Information systems D. Warehousing

Description : Which of the following is not an area of responsibility for a logistics manager? A. Inventory B. Marketing C. Information systems D. Warehousing

Last Answer : B. Marketing

Mr. Narayan, the new national sales manager is learning about the internal organizational environment in her company. She will learn about all the following EXCEPT A. Human resources B. Financial resources C. Service capabilities D. Social and cultural environment E. Research and development activities

Description : Mr. Narayan, the new national sales manager is learning about the internal organizational environment in her company. She will learn about all the following EXCEPT A. Human resources B. ... C. Service capabilities D. Social and cultural environment E. Research and development activities

Last Answer : D. Social and cultural environment