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- Which of the following statement(s) is/are not true about incremental budgeting?(Select the correct answer from the options below the statements) (1) Incremental budgeting adjusts / considers changes in the managers' turnover rate (2) Incremental budgeting considers changes in the managers' hierarchy (3) Incremental budgeting considers changes in the cost of capital All of the above (1) only (1) and (2) None of the above
- Question 4 Which of the following statement(s) is/are true about the budget slack? (Select the correct answer from those listed below the following statements). (1) Budget slack is the deliberate under-estimation of costs and over estimation of revenue (2) Budget slack is the difference between the budgeted, and the actual units of production (3) Budget slack is the deliberate over-estimation of costs and under -estimation of revenue (4) Budget slack is the deliberate falsification of costs and revenues by managers, which is deemed unethical (3) and (4) are correct (1), (2) and (3)are correct (1) and (3) are correct (1) and (4) are correct 4
- Which of the following statement(s) is/are true? (Select the correct answe from the options below the statements) (1) Cash flow is of vital importance to the survival/health of a business (2) Revenue and cash are not the same (3) Revenue and cash are the same (1) only (1) and (2) (1) and (3) (2) and (3)
- Which of the following statements is true? Select the correct answer from the uptions below Budgets can be too focused on costs Budgets do not focus primarily on sales Budgets focus on the managemer t's ethnicity Budgets focus mostly on pricing
- Question Which of the following statement(s) is/are true about a cash budget? (Select the correct answer from the options below the statements) (1) A cash budget informs about whether or not there will be a cash surplus / deficit (2) Acash budget informs about the assets and liabilities of a given entity (3) A cash budget informs about the depreciation costs of assets (1) only (1) and (2) All of the above None of the above